LAS VEGAS, NV (December 20, 2018) Surge Holdings,
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Posted On: 12/26/2018 11:51:41 AM
LAS VEGAS, NV (December 20, 2018) Surge Holdings, Inc. (OTCQB: SURG), Las Vegas-based Telecom and Blockchain FinTech software company, and Player’s Network, Inc. (OTCQB: PNTV), a rapidly growing company in legal marijuana industry announce today a joint venture to distribute Green Leaf PURE CBD products to a network of approx. 40,000 retail stores throughout the United States.
The relationship allows PNTV to focus on continual development of high quality CBD products and brands while SURG utilizes their SurgePays Blockchain B2B distribution platform and outbound call center to introduce, sell and manage the ongoing replenishment of these products.
CBD continues to be one of the fastest growing markets in the United States with sales expecting to reach $22 billion by 2022. Additionally, the passing of the Farm Bill 2018 which included the Hemp Act of 2018 removed the barriers associated with growing hemp due to federal prohibition to include restricted access to banking, water rights, and crop insurance. The signing of this bill will define hemp as a federally legal agricultural product; subsequently removing all of the restricting legislation and opening the door for PNTV and SURG to capitalize early on this multi-billion dollar industry.
Through the JV, the initial order for new stores will will range from approximately $399 to $1,500 or more. Anticipated monthly orders will be of similar value based on location and the size of the retailer.
Currently, the market for CBD is on track to generate more than $600 Million in 2018. Analysts project that CBD sales will reach over $1 Billion by 2020 and is expected to exceed $22 Billion by 2022.
Grow with $PNTV
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SURG has recently signed contracts to grow their distribution network of convenience stores and bodegas to 40,000+ retail locations throughout the United States. The joint venture with PNTV creates an immediate distribution channel for Green Leaf PURE to capture a share of nationwide brick and mortar CBD sales while both companies expect to realize significant revenue increases as the CBD market grows.
“The bulk of the first to market CBD product sales will not be through big box retailers, but through the 100ks of corner stores, convenience stores and bodegas nationwide.” said Brian Cox, Surge Holdings CEO. “With the passing of the Farm Bill, we expect CBD products to be in high demand and first to market usually wins. We will leverage all of our relationships and software platform to blitz the market nationwide and claim our first to market stake and shelf space..”
Brett H. Pojunis, Director of PNTV, said “now that the Farm Bill of 2018 which includes the Hemp Act of 2018 has passed, this opens up the entire United States as potential customers for our CBD products. The relationship with SURG couldn’t have come at a better time! Brian (SURG CEO) and I have been working on developing the best products for the targeted demographics of their retail stores and we feel this will be a huge success.”
About Surge Holdings:
Surge Holdings a publicly traded company that wholly owns subsidiaries that utilize emerging technology to improve the quality of life for the unbanked, under-banked, and the overlooked. Current holdings include Telecommunications, Blockchain Fintech Software as a Service (SaaS), Cryptocurrency Asset Mining and Social Media Digital Marketing. Surge Holdings, Inc is traded under the stock ticker symbol: SURG.
For the latest news alerts for Surge Holdings, sign up at https://surgeholdings.com
Follow Surge Holdings and CEO, Brian Cox, on Twitter: @surgeholdings and @kbriancox.
About Player’s Network (PNTV)
Player’s Network is a rapidly growing company in the marijuana industry as the owner of Green Leaf Farms Holdings with licensed grow operations in Nevada and California that trades on the OTC Market – stock symbol PNTV. 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 this trend of legalizing marijuana will continue and create tremendous growth opportunities for their shareholders as it continues its business strategy growth by acquisitions, joint ventures, and investments new emerging market opportunities.
The Green Leaf PURE CBD brand is made from the highest quality CBD, developed with strong dosage as well as superior ingredients in their formulations. All Green Leaf PURE CBD products are tested to ensure safety and the highest quality CBD. Green Leaf PURE is currently accepting pre-orders on the company’s website https://greenleafpure.com.
The relationship allows PNTV to focus on continual development of high quality CBD products and brands while SURG utilizes their SurgePays Blockchain B2B distribution platform and outbound call center to introduce, sell and manage the ongoing replenishment of these products.
CBD continues to be one of the fastest growing markets in the United States with sales expecting to reach $22 billion by 2022. Additionally, the passing of the Farm Bill 2018 which included the Hemp Act of 2018 removed the barriers associated with growing hemp due to federal prohibition to include restricted access to banking, water rights, and crop insurance. The signing of this bill will define hemp as a federally legal agricultural product; subsequently removing all of the restricting legislation and opening the door for PNTV and SURG to capitalize early on this multi-billion dollar industry.
Through the JV, the initial order for new stores will will range from approximately $399 to $1,500 or more. Anticipated monthly orders will be of similar value based on location and the size of the retailer.
Currently, the market for CBD is on track to generate more than $600 Million in 2018. Analysts project that CBD sales will reach over $1 Billion by 2020 and is expected to exceed $22 Billion by 2022.
Grow with $PNTV
First Name*
Last Name*
Email*
SURG has recently signed contracts to grow their distribution network of convenience stores and bodegas to 40,000+ retail locations throughout the United States. The joint venture with PNTV creates an immediate distribution channel for Green Leaf PURE to capture a share of nationwide brick and mortar CBD sales while both companies expect to realize significant revenue increases as the CBD market grows.
“The bulk of the first to market CBD product sales will not be through big box retailers, but through the 100ks of corner stores, convenience stores and bodegas nationwide.” said Brian Cox, Surge Holdings CEO. “With the passing of the Farm Bill, we expect CBD products to be in high demand and first to market usually wins. We will leverage all of our relationships and software platform to blitz the market nationwide and claim our first to market stake and shelf space..”
Brett H. Pojunis, Director of PNTV, said “now that the Farm Bill of 2018 which includes the Hemp Act of 2018 has passed, this opens up the entire United States as potential customers for our CBD products. The relationship with SURG couldn’t have come at a better time! Brian (SURG CEO) and I have been working on developing the best products for the targeted demographics of their retail stores and we feel this will be a huge success.”
About Surge Holdings:
Surge Holdings a publicly traded company that wholly owns subsidiaries that utilize emerging technology to improve the quality of life for the unbanked, under-banked, and the overlooked. Current holdings include Telecommunications, Blockchain Fintech Software as a Service (SaaS), Cryptocurrency Asset Mining and Social Media Digital Marketing. Surge Holdings, Inc is traded under the stock ticker symbol: SURG.
For the latest news alerts for Surge Holdings, sign up at https://surgeholdings.com
Follow Surge Holdings and CEO, Brian Cox, on Twitter: @surgeholdings and @kbriancox.
About Player’s Network (PNTV)
Player’s Network is a rapidly growing company in the marijuana industry as the owner of Green Leaf Farms Holdings with licensed grow operations in Nevada and California that trades on the OTC Market – stock symbol PNTV. 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 this trend of legalizing marijuana will continue and create tremendous growth opportunities for their shareholders as it continues its business strategy growth by acquisitions, joint ventures, and investments new emerging market opportunities.
The Green Leaf PURE CBD brand is made from the highest quality CBD, developed with strong dosage as well as superior ingredients in their formulations. All Green Leaf PURE CBD products are tested to ensure safety and the highest quality CBD. Green Leaf PURE is currently accepting pre-orders on the company’s website https://greenleafpure.com.
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1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
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