Player’s Network (OTCQB:PNTV) has provided an update for the first quarter of 2017 as well as an outlook.
As quoted in the press release:
First Quarter Highlights
- Player’s Network completed uplisting to OTCQB
- Green Leaf Farms awarded C of O from the City of North Las Vegas
- Completed first phase of construction on Green Leaf Farms
- Finalizing the last steps needed for state inspection
- Recreational marijuana now legal in Nevada
- Secured initial funding for key projects
- Positive action regarding Comcast lawsuit
- Launched WeedTV.com beta
- Obtained numerous WeedTV.com sponsorships
- Paid down most outstanding debt
On February 16, 2017, Player’s Network uplisted to the OTCQB® Venture Market from the Pink Sheets. While Player’s Network has always been fully reporting, the advancement to the OTCQB provides the opportunity to attract and build a greater shareholder base as we continue to expand our operations.
Green Leaf Farms Update
Player’s Network has an 86% stake in our Green Leaf Farms Holdings (“GLFH”) marijuana subsidiary, which holds a special use permit for production and cultivation license(s) granted by the city of North Las Vegas and the state of Nevada. GLFH has received its Certificate of Occupancy (C of O) for a portion of its 27,000-square-foot facility, marking a key achievement for phase 1 of the project.
We hired Grow Contractors (a division of MCIG) to develop and oversee the construction of GLFH’s cultivation and production facility. Despite several regulatory hurdles, we are now very close to completing phases 1 and 2, as outlined below.
This first phase of construction totals roughly 6,000 square feet of common area, including offices, security, reception, storage, two cultivation rooms and a production lab, as well as vault, drying, trim, nutrient mixing and packaging rooms. This first phase will allow GLFH to commence operations and begin generating revenue through the sales of Rosin and cold water hash following final state approval, as outlined below.
American cannabis sales hit US$17.5 billion in 2020, a research group’s new study shows.
Meanwhile, a Canadian cannabis producer began offering CBD beverages in the US, another move that shows how interested Canadians are in the overall US cannabis market at the moment.
Some pretty important news out of health and wellness; beverage and natural products company BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) this week. For those of you following the Company with us, stay tuned.
As investors continue to prioritize cannabis opportunities in the US, market watchers expect mergers and acquisitions (M&A) to play a role in the future for Canadian companies.
A consolidation trend has been expected in the Canadian cannabis space for some time now based on the size of the market compared to the number of operations in the country.
BioHarvest Sciences Inc. Unveils the Unique Polyphenolic Content of Its Upcoming Olive-Based Nutraceutical
The product will include polyphenols known to have significant health benefits.
BioHarvest Sciences Inc. (CSE: BHSC) (“BioHarvest” or the “Company”) has reached an important milestone in its development program of additional Nutraceuticals. The olive-based Nutraceutical product scheduled for market availability in the second half of 2022 will contain the following unique matrix of polyphenols: hydroxytyrosol, trosol, and verbascoside. These compounds are the major polyphenols in naturally grown olives and are responsible for the high antioxidant activity of olives and olive oil. Importantly, the BioHarvest olive-based Nutraceutical product will provide all the benefits of olives and olive oil with a low calorie count per serving.
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it will report financial results for the fourth quarter and full year ended December 31 st , 2020 on Thursday March 25 th , 2021 before the market opens.
The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights on Thursday March 25 th , 2021 at 8:30am Eastern Time (7:30am Central Time).