LAS VEGAS, Feb. 06, 2019 (GLOBE NEWSWIRE) -- Player’s Network, Inc. (OTCMARKETS: PNTV), a rapidly growing company in the adult use and medical marijuana industry, with operations in Nevada and Argentina, announced today they just received a serious boost in support (and firepower) from the Argentine government, more specifically, the provincial government of Jujuy, with the passing of all security protocols proposed by the Cannabis Avatara Sociedad del Estado. These protocols are specifically designed to protect the largest cannabis operation in the world currently taking place between the province of Jujuy, Argentina and Green Leaf Farms.
An MOU was announced November 12, 2018 between Green Leaf Farms and the Province of Jujuy, Argentina to spearhead the development of the legal cannabis industry in Argentina that will begin with creating products primarily for exportation to legal jurisdictions. The joint venture also plans to provide cannabis oils to hospitals for testing and clinical trials on epilepsy patients. In order to move the project forward, it was necessary to receive approvals from the national security administration of Argentina and the medical cannabis cultivation plan of the government of Jujuy.
The passing of this resolution allows the military and local law enforcement to protect, secure and defend every aspect of the joint partnership taking place between Green Leaf Farms and the government of Argentina. All security efforts will be coordinated through the Ministry of Security of the Province to include the implementation of security recently installed in Finca El Pongo where the first germination stage of the plants is expected to take place.
The joint venture between Green Leaf Farms and Jujuy owned company Cannava invested the necessary resources to implement a top notch security plan that included the installation of exterior street lighting, security checkpoint with armed local police, camera systems, power upgrades, communication systems and more.
Mark Bradley CEO of PNTV stated, “receiving security approval and the approval to import Cannabis seeds for the first time in the history Argentina was not an easy undertaking. It required substantial protocol and education on the industry and what it can do to help boost job creations. This was a team effort between Green Leaf and Cannava to reach this important milestone with the federal government that will allow our project to move forward.”
Bradley adds, “With the help of the government we installed the security system and adaptation of a jointly created security protocol and infrastructure in lightning speed, showing the dedication to making our project successful, I want to thank Gaston Morales CEO of Cannava and his entire team for their hard work.
Link to original announcement put out by the government of Jujuy: https://www.facebook.com/344815896308835/posts/378335972956827/
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 12 months, 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.
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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:
Brett H. Pojunis, Director
Email: bpojunis@playersnetwork.com
Office: 702.840.3272
Interview Requests & Media Inquiries with Mark Bradley, CEO:
Christine Kramar, Executive Secretary to CEO
Email: CKramar@PlayersNetwork.com
Phone: (702) 606-2618