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I'm Samantha Deutscher for Investmentpitch.com
Next Gen Metals is one of the latest new listings on the Canadian Securities Exchange, formerly
known as the Canadian National Stock Exchange, and is trading under the symbol "N".
Concurrent with its new CSE listing, the company has voluntarily de-listed from the TSX Venture
Exchange and consolidated its shares on the basis of one new share for each one and a
half old shares, leaving the company with approximately 17.4 million shares
Next Gen Metals has a history as a mineral exploration company in North America, with
a property portfolio that includes the Silver Chalice gold/silver project in Alaska.
With this new listing, the company will be diversifying into the legal marijuana and
industrial hemp industries.
In the United States, Medical Marijuana is legal in 20 states.
Furthermore, Colorado and Washington State have legalized recreational use with additional
states contemplating legalization.
The ArcView Investors Network have issued an analysis of the American marijuana marketplace
and forecast a 64% surge in the legal U.S. cannabis market to $2.34 billion.
They also estimate that the 5-year national market could grow to $10.2 billion amid rising
demand and potentially new state markets.
Next Gen plans to consolidate certain sectors of this fragmented industry and plans to provide
financing for Medical Marijuana and Industrial Hemp related companies in exchange for an
interest in the companies and/or a royalty on sales.
The company is currently researching investment opportunities in the following industries:
health, agri-business, food, legal grow-ops, technology, client generation, education,
public awareness, specialty medical devices and other related opportunities.
Harry Barr, President and CEO of Next Gen, stated, "Next Gen's vision is to be a leading
provider of venture capital, management expertise, education and a facilitator for this explosive
new industry."
Next Gen's management believes it can bring several competitive advantages to this emerging
industry.
They have a combined 150 years of experience managing public and private companies, negotiating
complex agreements, and raising venture capital, having raised more than $250 million in equity
for various projects.
Harry Barr further stated, "A growing proportion of the medical community believe that Medical
Marijuana and, more specifically cannabinoids, have the potential to help patients who are
suffering from a variety of ailments and illnesses. In addition, Industrial Hemp is an emerging
industry in Canada and hemp is one of the strongest natural fibers known to man. Hemp
has a wide range of applications including medicine. Both sectors show the potential
for exponential growth."
Next Gen is a member of the International Metals Group (www.internationalmetalsgroup.com)
of companies, which includes Pacific North West Capital (TSXV:PFN), and El Nino Ventures
(TSXV:ELN).
For more information please visit the company`s website www.nextgenmetalsinc.com, call 1-800-667-1870
or email info@nextgenmetalsinc.com
I'm Samantha Deutscher for Investmentpitch.com For more video news, and to view our disclaimer,
please visit our website at www.investmentpitch.com This video is for information purposes only
and it not a recommendation to buy or sell any securities.