NetworkNewsBreaks – Player’s Network, Inc. (PN
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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 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 the OTCQB stock exchange. This trend continued May 31 with PNTV scoring the 10th-highest volume on the OTCQB. More good news came on June 1 with the company’s announcement of its first revenues along with the awarding of state-issued licenses allowing PNTV to supply Nevada-based retail dispensaries with recreational marijuana products, which it will commence as early as the beginning of July.
The markets also applauded news issued on June 2, when the company announced that it had completed phase 1 of its Green Leaf Farms Holdings facility in North Las Vegas.
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