Players Network Inc. (fka PNTV)

[lesgetrich]

There seem to be several sources for the financing. From the Green Leaf Farms Executive Summary...

Green Leaf Farms Executive Summary

Green Leaf is in the process of closing on a 26,000 square foot building already licensed for the growth and production of cannabis products. It has been privately funded, and has significant room to expand, with ceilings high enough to deploy vertical growing systems. The facility will be broken down in to approximately 4,000 sq. ft. production, 22,000 ft. cultivation (expanded to approx. 44,000 with modular construction) and 1,000 sq. ft. common area. This is conservative, if using LED lighting we may decide to double stack these grow room further increasing our square footage; this will vary depending on the strain selection, where some hybrids and sativa require more height, the facility sits on 2.3 acres of land with additional room to expand.

It's possible that a private source purchased the warehouse with the intention of creating an MJ grow and production facility and will be compensated entirely from renting the facility back to GL. They might even be funding some or all of the improvements. Even if GL doesn't succeed, they would still have the warehouse and possibility of renting the space to another cultivator. JMO

Also, from the March 23 PR from Agritek Holdings...

Agritek Holdings, Inc. Announces Execution of Nevada Operational and Licensing Agreement With Green Leaf Farms Holdings, Inc. for New 22,000 Sq. Ft. Cultivation and Production Facility in North Las Vegas

LOS ANGELES, CA--(Marketwired - March 23, 2015) - Agritek Holdings, Inc. (OTCQB: AGTK) (www.Agritekholdings.com), a fully reporting company on the OTCQB and leader in Compassionate Care Technology and indoor/outdoor agricultural solutions for the medicinal marijuana industry, today announced the execution of an operational and licensing agreement with Green Leaf Farms Holdings, Inc. ("Green Leaf") an 80% owned subsidiary of Player's Network (OTCQB: PNTV), a fully reporting diversified company with holdings in two primary areas, Media and Medical Marijuana.

The five year agreement executed by the parties provides for Agritek Holdings to be the exclusive consultant regarding the build out on behalf of Green Leaf for the 22,000 sq. ft. facility presently under contract for purchase by an investment partner of Green Leaf for $2.8 million dollars. Green Leaf presently holds two provisional or "MME" licenses in North Las Vegas for both medicinal cannabis cultivation and production.

Under the terms of the agreement, Agritek Holdings will provide consulting services and specialists related to grow and production, operational build out, equipment lease financing, and an infrastructure funding commitment of up to one million dollars ($1,000,000). Under the agreement, both Companies expect to complete an approximate 12,000 sq. foot cultivation operation initially as well as a commercial extraction facility on behalf of Green Leaf. Direct to manufacturer relationships with lighting, extraction equipment, chillers and hydroponic equipment, edibles production as well as cultivation specialists will be provided by Agritek Holdings. In addition to monthly consulting fees once the facility is operational, Agritek will receive licensing fees as the provider of vaporizers, cartridges and infused edibles produced under the Agritek Holdings trademarked Mont Blunt brand, American Hemp Trading Company Chocolate and additional brands.

Consequently, funding of at least $3.8 million seems to be available with no direct impact on the share structure.