Player’s Network Announces Green Leaf Farms Holdings Received Approval to move Its Medical Cannabis Cultivation and Production Business

LAS VEGAS, NV / ACCESSWIRE / April 23, 2015 / The new approved location is an existing building, which will allow
product to be brought to market and revenues to commence in 2015, 12
months ahead of the previous schedule.

Players Network Inc. (OTCQB: PNTV)
announced today that its 80% owned subsidiary Green Leaf Farms Holdings
Inc. was granted approval by both The State of Nevada and City of North
Las Vegas to relocate the MME Licenses from the undeveloped land to an
existing building also in North Las Vegas. This 22,000 sq. foot building
with the needed special use permit for medical marijuana growth and
production recently became available. The Company was able to capitalize
on this extraordinary opportunity and gain a competitive advantage in
bringing the product to market on an expedited schedule. The lease with
option to purchase agreement has been finalized, executed and funded.
Green Leaf Farms possesses two licenses from the State and the City to
grow and produce medical marijuana product for the Nevada market. Plans
for the interior build-out will include a second floor to double the
growth and production capacity to a 44,000 facility. The build-out will
be implemented in stages to reflect the demand in the emerging Nevada
market.

As stated in the previous shareholder update Green Leaf Farms has
raised all the needed capital to develop, build out and operate the
facility, based upon the current rollout plan. Furthermore, the Company has entered into a management and licensing agreement with Agritek, www.agritk.com (OTCQB: AGTK),
including overseeing the facility’s design and the production of drink,
edibles, oils and a broad line of other infused goods.

Nevada is one of the only states that recognize reciprocity between
medical marijuana patients in other states allowing anyone with a legal
medical marijuana card to purchase medicine. This exponentially
increases the potential for the Nevada market today for its products. In
addition, there are already doubling the amount of signatures needed in
the State of Nevada required for recreational use of marijuana to be on
the ballot, and for recreational approval in 2016. With this
combination of factors and the 40 million visitors per year to Las
Vegas, Nevada, it is expected to quickly become one of the largest
markets in the world for marijuana.

Mark Bradley CEO of Players Network stated, “This approval is the
final milestone that was necessary to move forward and begin
construction. We have everything we need and are quickly finalizing
design time schedules, construction permits and plans and expect our
first crop around the 4th quarter of this year. The Company will
immediately recognize revenues through its 80% ownership of Green Leaf
Farms from the production of extracts from other cultivators who did not
get approved for a production licenses. This approval marks what I
believe is the beginning of a new paradigm for the Company, a foundation
of sustained profitability and growth that will provide value to our
shareholders who have been patient during this development process.”

About Player’s Network

Player’s Network, Inc. (PNVT) is a fully reporting publicly traded diversified holding company who operates in two main areas; Media and Medical Marijuana. PNTV’s
primary objective is to create shareholder value by identifying
opportunities in niche emerging markets. For more information please
visit www.PlayersNetwork.com or call our Investor Relations Department at 702.743.3457.

About Green Leaf Farms Holdings

Green Leaf is 80% owned by PNTV
and has been granted 2 licenses by the state of Nevada for Medical
Marijuana Cultivation and Production of Marijuana infused products.
Green Leaf is constructing a substantial facility in North Las Vegas for
its operations. “Green Leaf Farms” will be the GLFH’s
consumer brand in our product development as well as branding for
additional facilities. This brand equity will be used to expand into
other states as they receive legislative approval. The Company will not
expand beyond Nevada until this is compliant with Federal laws.

Statement under the Private Securities Litigation Reform Act

With the exception of the historical information contained in this
Release, the matters described herein contain forward-looking statements
that involve risk and uncertainties that may individually or mutually
impact the matters herein described, including but not limited to: the
ability of the Company to increase revenues in the future due to the
developing and unpredictable markets for its products, the ability to
achieve a positive cash flow, the ability to obtain orders for or
install its products, the ability to obtain new customers and the
ability to continue to commercialize its products, which could cause
actual results or revenues to differ materially from those contemplated
by these statements.

CONTACT:

INVESTOR RELATIONS

702-734-3457 ex 102
info@playersnetwork.com

MEDIA

Lisa Mayo-DeRiso
702.576.2659

SOURCE: Player’s Network, Inc.

ReleaseID: 428130