Next Gen Metals (CSE:C.N, Stock Forum), a Vancouver-based firm that has left the mining sector and entered the emerging medical marijuana sector, announced today the creation of a wholly-owned subsidiary, GreenRush Financial Conferences, to provide a platform to educate and facilitate both investors interested in MMJ and other entities in the MMJ sector seeking financing.
According to the news release, GreenRush has announced two conferences to be held in Vancouver and Toronto that will highlight investments in health, agri-business, food, legal grow-ops, technology, client generation, education, public awareness, specialty clinics and auxiliary business opportunities involving MMJ and hemp.
The conferences will be the first of their kind and will feature expert speakers in government, health and industry specialists, public and private companies, fund managers, bankers, brokers, analysts and media representing all aspects of the industry.
After the inaugural conference in Vancouver on May 7, 2014, GreenRush intends to hold the second conference in Toronto in late May/early June, with other conferences planned for the United States and Europe.
Company president and CEO, Harry Barr, commented, “A growing proportion of the medical community believe that the Medical Marijuana and, more specifically cannabinoids, have the potential to help patients who are suffering from a variety of ailments and illnesses.”
He went on to explain, “Industrial Hemp is a legal emerging industry in Canada and has a wide range of applications including medicine, exceptionally strong fiber, food and bio-fuel. The Alternative Medicine industry has already established itself as a multi-billion dollar business. All three of these business sectors have the potential for exponential growth. Recent North American legislation has dramatically changed our industry's ability to finance existing and new projects."
Then he concluded, “Investors throughout North America are seeking ways to capitalize on this emerging growth industry. Next Gen, through its wholly owned subsidiary GreenRush Financial Conferences, will provide a platform to educate and facilitate both investors looking to capitalize on this new industry and companies seeking financing for their projects.”
Next Gen was in the news recently when the company experienced a 54% surge in share value yesterday as the MMJ investment community finds its investment footing.
Currently there are 17.4m outstanding shares with a market cap of $11.8 million.
FULL DISCLOSURE: Next Gen Metals is a Stockhouse Publishing client