Cannabis News

Player’s Network received a recreational marijuana license in Nevada to allow the company to supply recreational product to retail dispensaries in the state.

Player’s Network (OTCQB:PNTV) received a recreational marijuana license in Nevada to allow the company to supply recreational product to retail dispensaries in the state.
As quoted in the press release:

This achievement augments PNTV’s recent award of two state-issued medical licenses to operate its 27,000-square-foot facility in North Las Vegas (http://nnw.fm/9XLst). Operating under its new production license, PNTV’s Green Leaf Farms Holdings, LLC (Green Leaf) subsidiary successfully produced and sold its first batch of rosin to a local dispensary, paid its taxes, and filed all necessary paperwork and fees in time to qualify for recreational cultivation and production licenses. These licenses will provide Green Leaf another revenue stream as soon as recreational marijuana can be distributed to Nevada dispensaries, estimated as soon as July 1, 2017.
Becoming a fully operational and compliant Nevada Medical Marijuana Establishment (MME) operator within the time frame set by the State of Nevada is a considerable corporate milestone that enables Green Leaf Farms to have a recreational license in the first round of issuances, and also qualifies the Company to apply for dispensaries licensing in 2018.

Click here to read the full press release.

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