CannabisNewsBreaks

TuesdayJun 06, 2017 3:22 pm

CannabisNewsBreaks – Player’s Network, Inc. (PNTV) Rips to New 52-Week High on Quadruple Volume following Series of Corporate Milestones

Shares of Player’s Network (OTCQB: PNTV) are up 25% in today’s late trade, clipping a new 52-week high of $0.093 and moving on volume of 11.91 million – four times the 30-day moving average of 2.78 million. Today’s performance eclipses the 52-week high of $0.075 set at market close on June 2 and continues several days of rallies fueled by a string of corporate achievements. On May 30, PNTV said it received (http://nnw.fm/8AbNW) its medical marijuana licenses, enabling the company to start operations in its 27,000-square-foot facility in North Las Vegas and pushing the stock to the sixth-highest volume on…

Continue Reading

TuesdayJun 06, 2017 9:27 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Teams with First Bitcoin Capital (BITCF) to Develop Bitcoin Payments Solution

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced an initiative to develop a bitcoin payments solution in partnership with First Bitcoin Capital Corp. (OTC: BITCF), an industry-leading bitcoin and blockchain technology provider. Per the news release, the two companies have signed a joint venture agreement to develop and distribute a viable payments solution targeted at “high-risk payment verticals including the cannabis industry” in order to “fill the payments gap that currently exists.” Through this new partnership, SinglePoint and First Bitcoin Capital intend to focus on their respective core strengths in order to build and supply the best bitcoin…

Continue Reading

FridayJun 02, 2017 9:39 am

NetworkNewsBreak – Player’s Network, Inc. (PNTV) Completes First Phase of Construction for Green Leaf Farms Cultivation and Production Facility

Player’s Network, Inc. (OTCQB: PNTV) this morning announced the completion of the the first phase of its 27,000-sq.-ft. facility being built in North Las Vegas for its subsidiary Green Leak Farms Holdings. mCig, Inc. (OTCQB: MCIG), the company contracted to develop and build out the facility, worked with the City of North Las Vegas and the State of Nevada to ensure Green Leaf was 100% compliant. The first phase included two vegetation and flower rooms, an extraction lab and all the needed infrastructure to support the facility. According to the press release, phase 2 and phase 3 are nearing completion…

Continue Reading

ThursdayJun 01, 2017 12:41 pm

NetworkNewsBreak – Player’s Network, Inc.’s (PNTV) Green Leaf Subsidiary Receives Two Nevada Recreational Marijuana Licenses

Player’s Network (OTCQB: PNTV) has received its recreational marijuana licenses, issued by the State of Nevada, which permits the company to supply recreational marijuana products to retail dispensaries based in the state. The company’s achievement comes two days after the company said it received two state-issued medical licenses to operate its 27,000-square-foot facility in North Las Vegas. Green Leaf Farms Holdings, LLC, the company’s subsidiary, has now met all requirements to begin selling to the recreational market and is anticipated to be able to distribute marijuana to Nevada dispensaries with the new licenses as soon as July 1, 2017. "Qualifying…

Continue Reading

WednesdayMay 31, 2017 10:55 am

CannabisNewsBreaks – Cannabis Wheaton (TSXV: CBW) to Invest $30M in ABcann Global Corporation (TSXV: ABCN) for Construction of Additional Cannabis Cultivation Facility

Medical cannabis grower ABcann Global (TSXV: ABCN) is set to receive an investment of $30 million from Cannabis Wheaton Income (TSXV: CBW) for the funding of a 50,000-square-foot cultivation space at ABcann’s proposed facility to be located in Napanee, Ontario. Per a binding interim agreement announced earlier this week, Cannabis Wheaton’s investment will fund the construction of an “expansion production area” that is in addition to ABcann’s 100,000-square foot-facility, which is expected to commence construction “imminently.” Cannabis Wheaton will receive 50% of the proceeds (net of certain costs) of future wholesale or retail sales completed by ABcann with respect to…

Continue Reading

TuesdayMay 30, 2017 1:08 pm

CannabisNewsBreaks – Player’s Network, Inc. (PNTV): New Medical Marijuana Licenses Enable the Start of Cultivation and Production Operations

Player’s Network (OTCQB: PNTV) today achieved a corporate milestone as it received its medical marijuana licenses that permit the company to commence operations in its 27,000-square-foot facility in North Las Vegas. The company’s plans to become fully operational include activating the core processes necessary to commence cultivation and production operations. Green Leaf Holdings, the company’s subsidiary, is set to begin planting this week under its Cultivation License. “This has been a long journey through the mountains of paperwork and regulatory requirements to become fully compliant. Now we can finally put our plan into place and focus on developing amazing brands…

Continue Reading

WednesdayMay 24, 2017 10:38 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Completes Acquisition of Discount Indoor Garden Supply

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced the completion of its acquisition of Discount Indoor Garden Supply (“DIGS”). Under the terms of the agreement, SinglePoint has acquired a 90 percent stake in DIGS through a stock and cash transaction, further demonstrating the company’s ability to strategically expand its portfolio of investments in established, high-potential cannabis businesses. “This acquisition is an important one for SinglePoint and strengthens our footing in the cannabis industry,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “The acquisition of DIGS is phenomenal for the company's books. More importantly though are the…

Continue Reading

MondayMay 22, 2017 8:49 am

CannabisNewsBreaks – Player’s Network, Inc. (PNTV) Positioned for Growth with Utilization of Unique Business Models, Revenue Streams

Player’s Network, Inc. (OTCQB: PNTV), a fully reporting diversified holdings company, operates in the medical marijuana and media industries and is focused on the chief objective of creating shareholder value by locating and unlocking opportunities in niche emerging markets. The company has three prominent subsidiaries operating under profitable business models: Next Gen TV, WeedTV.com and Green Leaf Farms. “Player’s Network also owns 86% of Green Leaf Farms Holdings, LLC, better known as Green Leaf. To generate revenue, the company has identified the “best breed” operators to ensure the highest quality of medical marijuana and edibles. These are then legally sold…

Continue Reading

WednesdayMay 17, 2017 11:12 am

CannabisNewsBreaks – Consilium Global Research Report Projects ChineseInvestors.com, Inc. (CIIX) Will Reach $14.8M in Revenues by FY2020

A recent research report published by Consilium Global Research predicts that ChineseInvestors.com (OTCQB: CIIX) will reach revenues of $14.8 million by fiscal year 2020 and that the company will undergo a major transformation this year as it pursues a bigger stake in the cannabis market. As cited in the report, ChineseInvestors.com achieved $930,000 in revenue for FY 2016, and the company is projected to continue growing at an estimated CAGR of 100 percent through 2020, while the underlying market’s CAGR is predicted to grow at a rate of 80 percent. “Headquartered in San Gabriel, California, CIIX offers a range of…

Continue Reading

WednesdayMay 17, 2017 10:09 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Enters Letter of Intent to Acquire Stake in Discount Indoor Garden Supply

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced its entry into a Letter of Intent with Discount Indoor Garden Supply (“DIGS”). Per the terms of the LOI, SinglePoint will acquire 90 percent of DIGS in a stock and cash transaction. The company anticipates that the acquisition will bring immediate revenues to SinglePoint while positioning it as a leader in online products, retail stores, cannabis consulting and equipment in California. “We are committed to identifying and making investments that will strengthen both parties' position in the cannabis industry while building SinglePoint's corporate value,” Greg Lambrecht, CEO of SinglePoint, stated…

Continue Reading