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Shareholder update 01-29-21
Green Leaf Farms Has Entered into a Five-Year Agreement to Manufacture Koala Edibles’ Entire Line of Infused Products
https://koalaedibles.com
Leading Colorado Infused Brand Will Fill the Under Served Edible Market in Nevada with Proven Product Lines. Production to begin February 1st.
LAS VEGAS, NV (February 28th, 2021) Players Network Inc. announced today that its subsidiary, Green Leaf farms Holdings (GLFH), has entered into a Brand Management Agreement with TXR Partners Ltd. who represents the infamous Colorado based infused manufacturer, Koala Edibles. The agreement enables TXR to manufacture Koala Edibles products in GLFH’s 27,000 sq. ft. North Las Vegas facility under GLFH’s Licenses.
With this agreement, Koala Edibles will now be available in seven states. Koala Edibles has been producing high-quality edibles since 2018, using only the best ingredients, and the purest form of cannabis infusion. Koala Bars, the initial product line being released in Nevada will be available in Koala’s traditional award-winning flavors of Banana Pudding, Strawberry Cheesecake, Chocolate Turtle, Tootie Frootie, Bourbon Pecan, and Cookies & Cream. Initially, Koala Edibles will launch 3 brand-new exclusive flavors to Nevada, S’mores, Toffee Almond, and Crème Brûlée. Under the five-year agreement, TXR will operate under GLFH’s licenses and pay Green Leaf a guaranteed facility fee against a monthly revenue share. TXR will begin manufacturing on February 1st and Koala Bars should be available in Nevada dispensaries in late February.
Mark Bradley, CEO of Players Network states, “We are excited to have the Koala Bars brand added to Green leaf’s product offering in the edible market and working with the experienced team at TXR who has a great track record of launching a successful brand.” Bradley adds this announcement marks the first of the company’s expansion into the Nevada cannabis production market.
Eddie Ray, Owner of TXR states, “We are thrilled to be launching in Nevada and partnering with Green Leaf Farms to manufacture our edibles in the great space they have provided for our use.”
About Player’s Network (PNTV.PK)
Players Network is a publicly-traded corporation and owns its media and marketing broadband video platform WeedTv.com. Players Networks has two subsidiaries: Green Leaf Farms Holdings, holder of two medical and two recreational licenses for cultivation and production in Nevada operates a 27,000 sq. ft. facility in North Las Vegas and Green leaf Farms International (GLFI) that invest and manages the company’s international operations with its first project in Jujuy, Argentina.
Information about Forward-Looking Statements
This press release contains “forward-looking statements” that include information relating to future events. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to: inability to gain or maintain licenses, reliance on unaudited statements, the Company’s need for additional funding, governmental regulation of the cannabis industry, the impact of competitive products and pricing, the demand for the Company’s products, and other risks. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
For Information on
Players Network and Green Leaf Farms
Contact; Dave Klepenger
702-886-8018
For Information on
TRX and Koala Edibles
Contact; David Perez
336-254-3166
The plan has been filed with the court already
Have you have seen the new 8k filed the other day
Do you hold any shares right now ?
Growsmith posted some pictures from GLF north Las Vegas
https://www.instagram.com/p/B8sikw1gTCB/?hl=en
Looks like the jujuy farm had a visitor
https://m.facebook.com/pg/CannavaSE/posts/
Here is some info.
Link
https://playersnetwork.com/02-07-20-governor-gerardo-morales-visits-our-farm-in-jujuy-argentina
02.07.20 Governor Gerardo Morales Visits Our Farm in Jujuy Argentina
02.07.20
Jujuy, Argentina
Governor Gerardo Morales visits our farm.
Green Leaf Farms with Growsmith are proud to showcase our progress.
Gerardo Morales: “this year we will make the first medical cannabis oil of the Argentine Republic”
The Provincial Representative noted that “Jujuy is generating a milestone in this type of production, which not only caters to health, but is also constituted in an alternative of productive diversification”.
Accompanied by the responsible of the project, he toured the production core area: first the germination chamber, then headed to the greenhouses area and later toured the site that will be occupied in the future by other greenhouses and open field trials.
Finally received a technical report from the laboratory and the research and development module that will begin to be built in the next few months.
After the tour morales indicated that jujuy is the first province of the country to address in institutional form the scientific and medical phenomenon of cannabis and in addition to that is working on the scientific and technological development of its derivatives: ” this is one of the emblematic projects of The province “, affirmed.
The Governor also noted that ” the project is progressing pretty well, highlighting that two greenhouses are already working and others will be installed. It’s an initial project that foresees 35 hectares “.
Security
On this topic the governor said that ” we have permanent police presence with 14 troops per turn. ” an important security system was installed with security cameras, perimeter alarms, a special police detachment with an important monitoring of National Security Forces, to which the corresponding authorisations of the inta, ministry of health should be added, The National Institute of seed (Inase) and other national agencies that gave the good view to the initiative “, commented.
Advance
The Governor then advance that financing for the construction of the medical oil extraction laboratory is already planned, with seen good technical of anmat, so it can be estimated that in the second semester will begin to manufacture in jujuy the first cannabis oil Of medical degree of the Argentine Republic.
Free zone
The Governor remembered that the idea is to install a laboratory in the free area of perico and it is planned to build a special module at finca el put for scientific research and technology development.
For his part Gaston Morales said that “the reach of this project, which has so much connection with the agricultural part and how with the industrialisation process, outlines the initiative as the first biotechnology project of the province of jujuy”, said the Holder of cannava s.e.
Dj Top Notch Dispensary Has Greenleaf Flower Now
Links
http://www.topnotchthc.com/index.html
https://weedmaps.com/dispensaries/top-notch-thc-2?filter%5BanyCategories%5D%5B%5D=flower
If you are using Chrome .
All you have to do is highlight the tweet
Then right click and pick translate to english
Or search for a spanish to english translator .
Then copy the text into the translator
Here is some info. for those that are interested
Link
https://twitter.com/CannavaSE
You are partly correct on your response.
The part you are incorrect on is the 50/50 split after the
redemption is done
Right now PNTV owns roughly 85% of GLFI
So here is the break down
Lets say GLFI has made $1,000,000 profit
The 1st split will be GLFI gets $500,000 & PNTV gets $500,000
Then you have to take GLFI $500,000 and break that down like this
Since PNTV owns roughly 85% you have to break that down
Were GLFI gets $75,000 & PNTV gets 425,000
So the finial amounts are GLFI $75,000 & PNTV $925,000
GLFI is subsidiary ( Of Players Network ) created for the company’s international operations.
Link
https://www.globenewswire.com/news-release/2019/08/06/1897736/0/en/PNTV-Signed-Management-Agreement-With-GLFI-Inc-to-Operate-Fund-and-Expand-International-Markets-Starting-With-400-Acres-of-Land-in-Jujuy-Argentina.html
Were are you going to go to ask the Questions
New Facebook update on Jujuy Argentina
https://www.facebook.com/PlayersNetwork/videos/582322395906132/
Here is your answer to your question
https://www.instagram.com/p/B42WB-vgEek/
New update has been put out
Link:
https://www.facebook.com/PlayersNetwork/videos/528516224645675/
NEW CANNAINVESTOR MAGAZINE ARTICLE
https://view.joomag.com/cannainvestor-magazine-us-publicly-traded-october-2019/0640604001568676893?short
If they have NO MONEY .
Then how are they bulding the grenn houses
Link:
https://www.facebook.com/greenleaffarmsjujuy/?__tn__=K-R&eid=ARB6ceGZyP6dPRJKlD6ZmBBUf6qKqtXCkgChY5qfN6d4RpCFJnp3T5vK8o3csOiI2lTjXUiGTv4ROa26&fref=mentions
Here is a link to the new website for GLFI
https://glfi.co/
Well I guess we will find out in about six months
who has done their DD
Do some DD and you will see he maybe more pro MJ/CBD/HEMP
than the current president.
https://www.infobae.com/politica/2019/06/18/alberto-fernandez-opino-sobre-la-despenalizacion-de-la-marihuana-la-solucion-no-es-andar-persiguiendo-a-los-que-se-fuman-un-porro/
Gerardo Morales already won is election back in June
Eddy did you see this post on Growsmith
https://www.instagram.com/p/B1A0TIVgKh5/
There you have it,
I see you agree with me on the trems of the contract now.
That Cannava will not be get 30% of everything produce in
Argentina .
Read the fine print in the contract
no where does it say Cannava gets 30% of all the profits from the sale of all products being produced in the province of Jujuy . If you read the portion of the contract that you posted which I have attached below. It explains very EXPLICITLY how the precentage of profits that will go to Cannava .
Section I:
Cannava will be entitled to 30% of the net profits derived from the RAW BIO-MASS and FLOWER HARVESTED CANNABIS in the PCL
( Pilot Cultivation Land )
Section I:
Cannava will be entitled to 30% of the net profits derived from the RAW BIO-MASS and FLOWER HARVESTED CANNABIS in the PCL
( Industrial Cultivation Land )
Section III:
Cannava will be entitled to 5% of the net profits derived from the EXTRACTION / MANUFACTURING
Notice how section III EXPLICITLY says Cannava gets only 5% not 30%
Please show show me were in the contract it EXPLICITLY says Cannava gets 30% of all the profits from the sale of all products being produced in the province of Jujuy . If you read the portion of the contract that you posted. It explains very EXPLICITLY how the precentage of profits that will go to Cannava .
If you read the contract very carefully you will find that
Cannave will be getting nowhere near 30%. It's probably closer to
half that amount .
Read the fine print and you will see that.
And where did you get Cannava gets 10% of the profits .
So then how much owenship in your eyes did they give a way to GLFI ?
I like to hear your explanation on your statement
Quote:
__________________________________________________________________________
especially w/ their last BS move w/ GLFI; screws over minority shareholders big time.
___________________________________________________________________________
I guess we will find out over the next 5 weeks if they
have turned it around.
If they are on course.
Pictures of the green houses should show up in the next week or two
Also they need to show some pictures of plants in the next week or two
If they want to make the mid Sept. date of planting them
per the Facebook post .
We also still need to see the perspectives on GLFI
on how they plan to raise the money.
Also what are the terms
I’m not here to pump the company in any means
I’m here to make a lot money just like everyone else here
I have owen this stock since 2016
And yes I have watched them make mistakes on how they spent Share Holders money.
I have seen progress over the last 8 months on the
infrastructure that they have started building in argentine
that alone is a major under taking in it's self.
I'm sure this post is going to get slamed .
and the more they slam this post it tells me they
are having a hard time understanding the company restructuring.
When I see post saying they gave away the argentine deal
which is totally untrue .
PNTV Share Holders owen at min. of 75.5 percent of that deal.
The 80% / 20% will takes place till the GLFI preferred share holders
are paid back. It's no different than a bank loan.
I Guess we will have to wait and see how much cash GLFI
raise in the next month.
Before investors understand the company's new structure.
All I see are complaints on how they gave a way the argentinian deal.
Which tells me their having trouble understanding the new company structure.
NEW P/R IS OUT
LINK:
https://finance.yahoo.com/news/pntv-signed-management-agreement-glfi-150000993.html
PNTV Signed Management Agreement With GLFI Inc. to Operate, Fund and Expand International Markets Starting With 400 Acres of Land in Jujuy, Argentina
GlobeNewswire•August 6, 2019
An 8k Was Filed Today With the Details of the Management Agreement Between PNTV and GLFI, and NASDAQ Confirmed GLFI, Inc. Was Approved to Reserve the Symbol “GLFI”.
LAS VEGAS, NV, Aug. 06, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Player’s Network, Inc. (OTCQB: PNTV), a rapidly growing international company in the adult-use and medical marijuana industry, with operations in Las Vegas, Nevada and Jujuy, Argentina, announced today that the company filed an 8k that contains the terms of its Management Agreement between PNTV and GLFI, a newly formed subsidiary created for the company’s international operations.
Previously announced, PNTV elected to establish a new company in lieu of pursuing a name change to Green Leaf Farms International. The newly formed company will not hold any US cannabis-related assets of any kind.
The previous press release referred to a Teaming Agreement which we have now defined as a Management Agreement. This structure is expected to eliminate the restrictions that institutional funding sources currently have when investing directly in US public companies that are in cannabis. To clarify, the company's structure and holdings include Green Leaf Farm’s Holdings in North Las Vegas, which will still maintain all of PNTV’s US cannabis business, while our new company, GLFI, will be managing the company’s international business and interests.
PNTV maintains majority ownership in GLFI and will be utilizing GLFI’s flexible capital structure to attract investments to finance the development and management of the company’s international operation in Argentina and beyond. The fundamental structure of GLFI was designed to accept large capital investments due to a fair valuation, which more accurately reflects its true market value. Furthermore, GLFI is positioning itself to meet all the requirements to qualify as a NASDAQ listed company and received confirmation from NASDAQ that its request to reserve the ticker symbol “GLFI” has been approved and is now reserved for them.
The details of the offering and capitalization of GLFI should be released in the next few weeks.
The general terms of the Management Agreement are that PNTV will be contributing the infrastructure in Jujuy that has been built to date. This includes the land preparation the size of 6 football fields, the installation of security systems, 46,000 sq. ft. of greenhouses, top-quality genetics (cannabis seeds), and more. GLFI, the party responsible for funding the operation, has the right to recover the additional capital investment through distributing its profits to the direct investors in GLFI. This cash distribution will be in the form of redemption of newly issued GLFI preferred shares. Once all shares have been redeemed both companies will split the profits 50/50.
PNTV CEO Mark Bradley states, “It’s exciting to be a first mover in Argentina while positioning the company as a leader in the international cannabis market.” Bradley continues, “Our success requires a vehicle to raise the appropriate capital without the current restrictions of a US-listed micro-cap company in cannabis. Organizing the company as our international investment and management company enables GLFI to raise capital without diluting PNTV’s existing shareholders or spinning off any of its assets. I believe once investors understand the entire structure and how we are positioning GLFI for a future NASDAQ listing will gain substantial interest from institutional investors, brokers and family offices who are currently prohibited from buying small-cap cannabis stocks.”
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful. Any offers of equity securities will be made only by means of a private offering memorandum.
Click here to sign up for PNTV shareholder updates
About Player’s Network (stock symbol PNTV)
Player’s Network is a rapidly growing company in the marijuana industry with licensed grow operations in Las Vegas, Nevada and Jujuy, Argentina. Over the last 2 years the Company has gone from a development stage company to a fully operational cannabis business. The business strategy is to grow by acquisitions, joint ventures, and new market opportunities in the US and Internationally. Cannabis is legal for medical use in 30 States plus DC. It is legal for adult recreational use in 9 States plus DC. The entire country of Canada legalized marijuana adult use in October 2018. The Company believes this trend of legalization of marijuana in the US and worldwide will continue and create tremendous growth opportunities for shareholders.
Twitter: https://twitter.com/playersnetwork
FaceBook: https://facebook.com/PlayersNetwork
For more information please visit www.PlayersNetwork.com
Activate your FREE account & sign up for news/updates: https://playersnetwork.com/ir.
Information about Forward-Looking Statements
This press release contains “forward-looking statements” that include information relating to future events. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to: inability to gain or maintain licenses, reliance on unaudited statements, the Company’s need for additional funding, governmental regulation of the cannabis industry, the impact of competitive products and pricing, the demand for the Company’s products, and other risks that are detailed from time-to-time in the Company’s filings with the United States Securities and Exchange Commission. For a more detailed description of the risk factors and uncertainties affecting Players Network, please refer to the Company’s recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Player’s Network Contacts:
Investor Inquiries:
Interview Requests & Media Inquiries with Management
David Klepinger, Investor Relations Manager
Email: dklepinger@playersnetwork.com
Office: 702.840.3283
Interview Requests & Media Inquiries (General):
Brett H. Pojunis, Director
Email: bpojunis@playersnetwork.com
Office: 702.840.3272