Shares of Player’s Network (OTCQB: PNTV) are up 25% in today’s late trade, clipping a new 52-week high of $0.093 and moving on volume of 11.91 million – four times the 30-day moving average of 2.78 million. Today’s performance eclipses the 52-week high of $0.075 set at market close on June 2 and continues several days of rallies fueled by a string of corporate achievements.
On May 30, PNTV said it received (http://nnw.fm/8AbNW) its medical marijuana licenses, enabling the company to start operations in its 27,000-square-foot facility in North Las Vegas and pushing the stock to the sixth-highest volume on the OTCQB stock exchange. This trend continued May 31 with PNTV scoring the 10th-highest volume on the OTCQB. More good news came on June 1 with the company’s announcement (http://nnw.fm/q9VCj) of its first revenues along with the awarding of state-issued licenses allowing PNTV to supply Nevada-based retail dispensaries with recreational marijuana products, which it will commence as early as the beginning of July.
The markets also applauded news issued on June 2, when the company announced that it had completed phase 1 of its Green Leaf Farms Holdings facility in North Las Vegas (http://nnw.fm/2s34T).
To learn more about Player’s Network, visit http://nnw.fm/mzEF3
About Player’s Network, Inc.
Player’s Network is a diversified company operating in media and cannabis markets. PNTV owns approximately 85% of Green Leaf Farms Holdings, LLC (Green Leaf Farms), which holds cultivation and production license(s) awarded by the state of Nevada. The cultivation license enables Green Leaf Farms to grow marijuana and the production license enables them to create extracts which are used for cartridges, oils and edibles. WeedTV.com is developing the ultimate resource for the marijuana lifestyle within our media operations. For more information, visit www.PlayersNetwork.com.
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