Under the Symbol:
Players Network's CEO Discusses Setting-Up Shop in Argentina and what it means for the CBD and THC Oil Industry with Uptick Newswire's Stock Day Podcast
Wednesday, November 14, 2018 9:00 AM
PHOENIX, AZ / ACCESSWIRE / November 14, 2018 / Player's Network (OTCQB: PNTV) (The "Company") is a rapidly growing company in the marijuana industry. CEO, Mark Bradley joined Stock Day's Everett Jolly.
Jolly started the interview by mentioning that Bradley and Player's Network are entering Argentinean cannabis market. He asked what makes Argentina different than other cannabis industries.
"Look, the U.S. market is saturated, over regulated, there's too many bureaucrats. They want to over tax you before they make a dime," he started. "In Argentina the weather is beautiful, it's great growing conditions. The government wants jobs, they want people to be put to work. They don't want these big barriers of entry to start an industry. It's an amazing opportunity for us."
He said he is forming partnership with the government and they granted licenses to import seeds and genetics and export oils and flower. He says this will allow for the company to bring in CBD products to the U.S. and Canada and other countries while producing the products at a fraction of the price it costs to produce in the U.S.
"The average person makes $22 a day in Argentina," says Bradley. "They are an agricultural friendly country, used to growing tobacco and sugar cane. Hemp and cannabis are not that much different. There are economic advantages, absolutely. But just the opportunity to operate a business and not spend 50 or 60 percent of your time dealing with compliance. Just to be able to get into business and generate capitol is a wonderful thing."
Bradley then said that while medical marijuana is not legal in Argentina, research is. Currently they are working with the government to create an initiative to address medical marijuana. Jolly then noted that Player's Network is growing on 24,000 acres down there. He asked if they will be distributing through the company's channels in Nevada.
"We are planning on exporting products all around the world. The main product we are going to export is going to be oil. Pure CBD and THC full spectrum oil. We are going to ship it back in barrel loads and like other manufacturers of oil products, we are going to sell it to them and let them create their own products," said Bradley.
He then told Jolly that they have been granted property in a "free zone" and they can operate in that zone as their own country. They can import and export within the zone without paying taxes. He says they have 33,000 acres of land and will use about 24,000 for growing and the rest for other projects and infrastructure.
"This project is 1000 time larger than the largest legal farm in Colorado," said Bradley. "We actually believe we are going to be able to supply about 25 percent of the CBD and THC oil to the world from this one facility with revenues in the billions"
For the entire interview with Player Network, listen here: https://upticknewswire.com/feautured-interview-ceo-mark-bradley-of-players-network-inc-otcqb-pntv-3/
About Player's Network (PNTV)
Player's Network, a rapidly growing company in the marijuana industry that trades on the OTC Market – stock symbol PNTV – is the owner of Green Leaf Farms Holdings, with licensed grow operations in Nevada and California. Over the last 12 months, the Company has gone from a development stage company to a fully operational cannabis business, owner of its media network WeedTV.com, the Cannabis Network. The Company believes the trend of legalizing marijuana will continue and create tremendous growth opportunities for their shareholders as it continues its business strategy of growth by acquisitions, joint ventures, and investments in new emerging market opportunities.
For more information please visit www.PlayersNetwork.com
Activate your FREE account & sign up for news/updates: https://playersnetwork.com/ir.
Player's Network Contacts:
David Klepinger, Investor Relations Manager
Email: [email protected]
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.
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SOURCE: Uptick Newswire