Agoracom Blog

AGORACOM Welcomes Next Gen, looking to capitalize on $2.4B Medical Marijuana Market

Posted by AGORACOM-JC at 9:31 AM on Friday, March 7th, 2014

  • New Entrant to this $2.4B industry
  • Plans to consolidate certain sectors of this  currently fragmented industry
  • Provide financing for Medical Marijuana and Industrial Hemp related companies who require capital in exchange for an equitable interest in the business and/or a royalty on sales
  • Intends on Incubating companies that are technically savvy but require professional assistance in fundraising, complex negotiations, capital markets, public company administration and IPO’s
  • Management’s due diligence and recent regulatory and legal changes in North America have prompted team to enter into this emerging multi-billion industry

Next Gen Metals Inc. is a diversified public company which focuses on the Medical Marijuana and Industrial Hemp industries in North America. Next Gen also has a Mineral Exploration division.

The Company’s Medical Marijuana/Industrial Hemp divisions are working towards branding Next Gen as the go-to Canadian public company for Legal Marijuana and Industrial Hemp investment.

To be a leading provider of venture capital, management expertise, education and a
facilitator for this explosive new industry.

Next Gen is one of the first Canadian public companies to enter this multi-billion dollar green rush whose objective is to invest in a basket of companies in this sector.The Company is currently researching investment opportunities in the following industries within the Medical Marijuana and Industrial Hemp space: health, agri-business, food, legal grow-ops, technology, client generation, education, public awareness, specialty medical devices and ancillary business opportunities.

Next Gen is actively reviewing new business proposals in the Medical Marijuana and Industrial
Hemp industries.

Click on the image above to view
slide presentation

 

Government Regulation Change Leads to Growth in Industry

Health Canada’s website explains that “The Marihuana Medical Access Program (MMAP) ends on March 31, 2014. This is also the date that all previous Authorizations to Possess, Personal-Use Production Licenses and Designated-Person Production Licenses expire. As of April 1, 2014, the only legal access to marihuana for medical purposes will be through licensed producers under the Marihuana for Medical Purposes Regulations (MMPR).” (http://www.hc-sc.gc.ca/dhp-mps/marihuana/index-eng.php).

These regulation changes allow licensed producers to grow Medical Marijuana on a commercial scale. Previously, licensed individuals had been allowed to grow Medical Marijuana in their homes. Health Canada estimates that the market could be worth $1.3 billion by 2024. Analysts and industry experts peg estimates to be closer to $2.6 billion by 2016.

Health Canada’s website explains that “The Industrial Hemp Regulation Program permits Canadian farmers to grow low-TCH cannabis for industrial use, under controlled circumstances. This program administers the regulatory approval process for the commercial production of industrial hemp. It is comprised of a system of licenses, permits and authorizations for all persons in Canada engaged in the cultivation, distribution, importation, exportation, and processing of industrial hemp.” (See http://www.hc-sc.gc.ca/hc-ps/substancontrol/hemp-chanvre/about-apropos/index-eng.php).

In the United States, Medical Marijuana is legal in 20 states including Washington, DC. Furthermore, Colorado and Washington State have legalized recreational use with additional states contemplating legalization. Recent analysis on the American marijuana marketplace by ArcView Angel Investors forecast a 64% surge in the legal U.S. cannabis market to $2.34 billion in 2014. They also estimate that the five-year national market could grow to $10.2 billion amid rising demand and potentially new state markets.


20 States and Washington DC – Legal Medical Marijuana
Colorado & Washington – Legal Recreational Marijuana

In the United States, Medical Marijuana is legal in 20 states including Washington, DC. Furthermore, Colorado and Washington State have legalized recreational use with additional states contemplating legalization. Recent analysis on the American marijuana marketplace by ArcView Angel Investors forecast a 64% surge in the legal U.S. cannabis market to $2.34 billion in 2014. They also estimate that the five-year national market could grow to $10.2 billion amid rising demand and potentially new state markets.

Vision

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 team is one of the first Canadian public companies to enter this multi-billion dollar green rush whose objective is to invest in a basket of companies in the sector. The Company is currently researching investment opportunities in the following industries within the Medical Marijuana and Industrial Hemp space: health, agri-business, food, legal grow-ops, technology, client generation, education, pu

Multi-billion-dollar green rush, USA and CANADA Combined

Recent analysis on the American marijuana marketplace:

  • ArcView Angel Investors forecast a 64 percent surge in the legal U.S. cannabis market to $2.34 billion by 2014
  • “The five-year national market could grow to $10.2 billion amid rising demand and potentially new state markets”

Recent analaysis of the Canadian marijuana marketplace:

  • The Conservative government is launching a $1.3-billion free market in medical marijuana this Tuesday, eventually providing an expected 450,000 Canadians with quality weed. (Pawel Dwulit/Canadian Press)

New American Legislation drive Marijuana Industry

  • Recently updated state laws allow the possession of small amounts of marijuana and provide for regulation of marijuana production, processing, and sale
  • A game changer for the industry when CO & WA moved from legalized Medical Marijuana to legalizing Recreational Marijuana – Potential shift throughout America
  • Dormant projects in the Cannabis industry became active and funded immediately after the above mentioned changes became effective (2013)
  • Federal Marijuana enforcement policy updated by the U.S. department of Justice (DOJ – August 2013)

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks


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