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Enertopia Makes Steady Progress as Industry Heats Up

Posted by AGORACOM-JC at 10:33 AM on Monday, August 25th, 2014

WHITEFISH, MT / August 25, 2014 / Canada’s Marihuana for Medical Purposes Regulations (“MMPR”) program has been mired in controversy since the beginning. After switching from the Medical Marihuana Access Regulations (“MMAR”) to the MMPR program in October 1, 2013, Personal Use Production Licenses (“PUPL”) and Designated Person Production Licenses (“DPPL”) were phased out on March 31, 2014.

The transition from the MMAR to the MMPR program was designed to move marijuana production out of homes and into tightly regulated corporations. Unfortunately, these dynamics translated to an immediate increase in costs for many medical marijuana patients, which led to lawsuits against Health Canada to permit home growing until a better plan was established.

In the meantime, Health Canada has approved 13 licensed producers under the MMPR program that have already begun selling product. These sales are likely to accelerate as the new MMPR program picks up steam, with the government projecting about $1.3 billion per year in revenue by 2024, while home growing operations are likely to end in the near-term following the court resolutions.

Industry Heating Up

The large potential market for licensed producers under the MMPR program has led to tremendous investor interest in the space. With four licensed producers undergoing transactions to become publicly traded, including OrganiGram Inc. (TSX-V: OGI), Mettrum Ltd., Bedrocan Canada Inc., and PharmaCan Capital, investors will have the ability to invest directly or indirectly in seven of the 13 licensed producers.

Tweed Marijuana Inc. (TSX-V: TWD) (OTC: TWJMF) was the first publicly traded licensed producer and has already achieved a market capitalization of over $100 million, as of August 2014. Many private licensed producers have also reported rising demand from fund managers and venture capital firms looking for a piece of the action, signaling investor confidence in the MMPR’s ultimate success.

With many of these publicly traded companies already reaching $50 to $100 million valuations, investors may want to take a look at promising aspiring licensed producers that may be trading at a discount. Diversification across several companies that are approved and/or seeking approval may be the best way to reduce risk in a sector that is characterized by its high volatility.

Making Steady Progress

Enertopia Corp. (OTC: ENRT), with a market cap of only $10.6 million, is an aspiring licensed producer under Canada’s MMPR program that sets itself apart from the competition. With extensive experience under the prior MMAR program, the company has experience growing and handling medical marijuana, unlike many other newer applicants, and regulators know they can trust the firm to deliver on its promises.

CannabisFN Executive Interview | Enertopia Corp. (OTCQB: ENRT) from TDM Financial on Vimeo.

The company’s three major projects are all making steady progress. Security upgrades are being installed at the Green Canvas project in Saskatchewan; design upgrades are in the works at the GTA project in Ontario in partnership with Lexaria Corp. (OTC: LXRP); and, the World of Marijuana project is awaiting its Health Canada site visit as the government continues to work through its backlog.

The company is also actively pursuing opportunities to diversify into related areas like oils, edibles, and industrial hemp markets across North America. Management hopes that these efforts to establish multiple revenue streams will reduce risk for investors and ultimately help internally finance its growth. These efforts also set the company apart from many other pure-plays in the space.

Looking Ahead

Canada’s medical marijuana space may have had a rough start, but the MMPR program appears to be picking up steam. As Health Canada’s site visits take place, many companies are also becoming acquisition targets, as evidenced by Tweed’s acquisition of Park Lane Farms following its approval earlier this month. These dynamics could justify even higher valuations for smaller firms in the space.

Enertopia has a key advantage with its MMAR operating history and experienced management team. As it continues to progress towards licensure, investors in the marijuana space may want to take a second look, including those involved with U.S.-based companies like Medical Marijuana Inc. (OTC: MJNA) or Hemp Inc. (OTC: HEMP), given Canada’s more established federal-level programs.

For more information, see the following resources:

– Company Website – http://www.enertopia.com/

– CannabisFN Profile – http://www.cannabisfn.com/mdc/enertopia-corp/

Sign Up For Future Email Updates On Enertopia Corp.

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Disclaimer: Except for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. Emerging Growth LLC may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. For full disclosure please visit: http://www.cannabisfn.com/legal-disclaimer/

SOURCE: Emerging Growth LLC

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Next Gen Engages America’s First Lady of Cannabis Media Personality Cheryl Shuman to Launch Global Cannabis Summit with GreenRush Financial Conference in Seattle, WA on September 23, 2014

Posted by AGORACOM-JC at 1:26 PM on Thursday, August 21st, 2014

– Next Gen and GreenRush Financial Conferences announce historic international partnership with Media Personalities Cheryl Shuman, American’s First Lady of Cannabis to launch historic Cannabis Summit.

– Ms. Shuman brings with 30 years of expertise in the cannabis, celebrity and media industry and has launched over 1700 companies within the cannabis sector.

– First Cannabis entrepreneur to manage an historic $100 million hedge fund to invest in cannabis businesses.

– Her Celebrity driven “Beverly Hills Cannabis Club” Featured on AdWeek’s Magazine Cover for building the most recognized brand and the largest media platform in the cannabis industry beginning with $150,000 in seed capital in 2009 to $6.5 million in revenue in less than 18 months as the face of KUSH MAGAZINE.

– Shuman’s “mommy lobby” is known as the most powerful political force in American politics. As the Executive Director of Moms for Marijuana Shuman has over 500,000 followers and recognized by media as the “secret to legalizing marijuana”.

– Ms. Shuman launched an historic “rebranding” campaign for cannabis generating $537 million in earned media worldwide to date. Shuman brings an elite level of credibility, experience, relationships and exposure to GreenRush, having both worked with and been seen on ABC’s 20/20, Katie Couric Show, CNN, Fox Business News, The View, Good Morning America and many more.

– The conference is being held in Seattle, Washington on September 23, 2014 at the Washington State Convention Centre – Level 600

– GreenRush Financial Conferences is a wholly owned subsidiary of Next Gen (CSE-N, OTC-PK NXTTF, FSE-M5BN) and is aligned to be the Premier Purveyor of Investment Conferences for the Medical Marijuana, Industrial Hemp and Alternative Medicine Industries

 


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Vancouver, British Columbia, Canada / TNW-ACCESSWIRE / August 21, 2014 / Next Gen Metals Inc. (“Next Gen”, the “Company”) (CSE: N, OTC Pink: NXTTF, FSE: M5BN) is pleased to announce that it has engaged Cheryl Shuman of Echelon Cannabis to consult and co-host GreenRush Financial Conference being held in Seattle, Washington on September 23, 2014. Management of Next Gen is delighted to have the opportunity to work with Cheryl, who is commonly referred to as the “Martha Stewart of Marijuana” and who brings decades of experience working with media, celebrities, marketing and health care. She has been instrumental in the cannabis movement since 1996 working as an activist and legal cannabis patient. Since using cannabis therapy, she has survived cancer and injuries from two car crashes.

Her private medical cannabis collective, “The Beverly Hills Cannabis Club” is unlisted and membership is by referral only. Through her personal relationships and connections within Hollywood and the media, Cheryl Shuman has been named as one of the most influential women in the cannabis reform movement by international media.

Harry Barr, CEO, stated that, “We look forward to working with Cheryl Shuman to develop and brand the GreenRush Financial Conference as the best investment conference in this exciting and emerging multi-billion dollar Industry.”

Next Gen is scheduling a multi city conference schedule over the coming months and in association with Echelon is looking forward to continuing to establish its reputation as the premier investment/business conference in the Industry.

Next Gen and Cheryl Shuman would also like to formally invite interested investors, industry participants, stakeholders and exhibitors to the conference being held in Seattle, Washington on September 23, 2014.

If you are interested in being a speaker, exhibitor or sponsor for the GreenRush Financial Conferences, please contact:

Exhibitors/Sponsors

Cheryl Shuman [email protected] 310.779.4797

Ray Rich [email protected] 604.648.1401

Taylor Barr [email protected] 604.685.1870

Media

Cheryl Shuman [email protected] 310.779.4797

Andrew Brougham [email protected] 604.648.1414

Website: www.greenrushfinancialconferences.com

 


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About Next Gen

(CSE: N, OTC Pink: NXTTF, FSE: M5BN)
Next Gen is a diversified Canadian public company which focuses on investing in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. Recent regulatory/legal changes in North America have provided an opportunity for the company to enter into this emerging multi-billion dollar industry. Next Gen’s vision is to be the leading provider of venture capital, management expertise, education, brokerage and consultancy solutions and a facilitator for these explosive new industries.

Next Gen’s business model generates new industry business proposals and plans on a continuous basis. To that end, Management is currently negotiating with a number of companies who are interested in entering into contractual arrangements to co-venture, co-finance, and option-joint venture on one or more of Next Gen’s large inventory of business opportunities and existing 100% owned companies and projects in these multi-billion dollar industries.

For further information on the company, visit our website at www.NextGenmetalsinc.com.

About Cheryl Shuman

Cheryl Shuman‘s TV reality started at age three with Charles Kuralt. By age 17 she’d been in several television appearances and was offered to host a twice-weekly regular show on WLWT-TV in Cincinnati that led to a segment on ‘PM Magazine.’ At age 23, Cheryl relocated to Los Angeles as the personal optician to the stars and created a new business Starry Eyes. In Hollywood with Starry Eyes, she worked on the biggest films, TV and music properties generating revenues of $22 million within 36 months. This led to her own show on the QVC Network and a mutually rewarding 7-year relationship expanding to include product placement, production and branded entertainment divisions. In 2006 Shuman was diagnosed with cancer, and after years of following failed allopathic medicine treatments, she opted for medical cannabis (raw juice and oils grown on a California farm) as an alternative. Having successfully used medical cannabis, she subsequently founded the Beverly Hills Cannabis Club, became the face of medical cannabis and is most visible woman in the medical marijuana reform movement. Cheryl received the 2013 Activist of the Year award. Together Cheryl and Aimee, her daughter and EVP of Cheryl Shuman, Inc., have reached over 100 million viewers while appearing on such mainstream shows as CNN’s Piers Morgan Live, the Katie Couric Show, The View, ABC’s 20/20, Good Morning America, Fox Business News and many other international media outlets. Cheryl Shuman is represented by agent Mark Itkin with the prestigious William Morris Endeavor Agency in Beverly Hills. For more information visit http://www.cherylshuman.com or, to contact Cheryl Shuman directly, call 310.779.4797.

On behalf of the Board of Directors

“Harry Barr”

Harry Barr

President & CEO

FORWARD LOOKING INFORMATION

This News Release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This News Release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this News Release

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Medical pot cookie prohibition ruled unconstitutional

Posted by AGORACOM-JC at 10:31 AM on Friday, August 15th, 2014

Court challenge stems from B.C. case of Owen Smith, who was charged with trafficking for baking pot cookies

CBC News Posted: Aug 14, 2014 10:42 AM PT Last Updated: Aug 15, 2014 6:35 AM PT

Ban on medical marijuana cookies ruled unconstitutional 1:57

It’s unconstitutional to forbid licensed medical marijuana users from possessing pot-laced products, such as cookies or body creams, a B.C. Court of Appeal judge has ruled.

Parliament has been given one year to recraft regulations to allow medicinal marijuana users to use products made from cannabis extract. They can include creams, salves, oils, brownies, cakes, cookies and chocolate bars.

Health Canada currently allows people suffering from debilitating illnesses access to medicinal marijuana, but only in the form of dried marijuana.

In her written reasons, Justice Risa Levine said this specification “is arbitrary and cannot be justified in a free and democratic society.”

Levine went on to state that when patients choose to use edible forms of marijuana, it “was a matter of necessity, or put another way, the restriction to dried marijuana interfered with their physical or psychological integrity.”

Pot activists react to ruling RAW2:25

Case of the pot cookie baker

The court challenge stems from the case of Owen Smith, who was charged with trafficking for baking pot cookies and producing topical cannabis creams for a medical marijuana club in Victoria in 2009.

Smith was caught baking more than 200 pot cookies for the Victoria Cannabis Buyers Club, and had a supply of cannabis-infused cooking oils and some dried dope in his apartment when he was arrested.

Marijuana ruling - Owen Smith pot cookie bakerOwen Smith was caught baking more than 200 pot cookies for the Victoria Cannabis Buyers Club in 2009. (CHEK)

He was acquitted in April 2012 after the B.C. Supreme Court ruled the medical marijuana regulations were unconstitutional, because patients were denied access to edible pot products and derivatives.

Justice Robert Johnston concluded that permitting dried cannabis alone was arbitrary and did little to further a legitimate state interest.

Thursday’s ruling means Smith acquittal stands and he will not be retried.

Health Minister Rona Ambrose’s office said in a statement released Thursday that it is “reviewing the decision in detail and considering our options.”

Marijuana laws under the microscope

Canada currently prohibits the possession and trafficking of all marijuana products under subsection 4(1) and Schedule II of the Controlled Drugs and Substances Act. However, subsection 55(1) of this act allows for exemptions to be made.

As such, an annex to that act, the Marihuana for Medical Purposes Regulations, allow people with medical need and authorization access to medicinal marijuana.

Under these regulations, many people suffering from debilitating illnesses get marijuana through Health Canada approved companies or get permission to grow it themselves.

However, the MMPR and its predecessor, the MMAR program, limit this access to dried marijuana and do not make any other exceptions to the list of banned substances detailed in Schedule II of the Controlled Drugs and Substances Act.

These banned substances, aside from the exempted dried marijuana, include cannabis resin and various extracts and derivatives of the cannabis plant.

Ottawa had hoped the B.C. Court of Appeal would strike down the B.C. Supreme Court decision.

But under Thursday’s ruling, government has been asked to review these rules, which could mean medical marijuana users would be supplied with resin or extract or be permitted to make themselves products such as pot cookies using marijuana extracts.

RULING | Full B.C. Court of Appeal ruling on medical marijuana extract case

Source: http://www.cbc.ca/news/canada/british-columbia/medical-pot-cookie-prohibition-ruled-unconstitutional-1.2736526

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Lexaria Closes First Tranche of Financing

Posted by AGORACOM-JC at 4:20 PM on Tuesday, August 12th, 2014

Kelowna, British Columbia–(August 12, 2014) – Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) announces it has closed the first tranche of its Private Placement financing announced on August 9 for gross proceeds of $187,700.

Lexaria will issue 1,251,333 common shares at US$0.15 and 1,251,333 full warrants that expire on February 12, 2016 with an exercise price of US$0.25. The Company may accelerate the expiry date of the warrants if the stock price trades above CAD$0.60 cents for 20 consecutive days at any time after 6 months and one day has elapsed.

Finders’ fees of 51,000 broker’s warrants of the Company were issued, and cash finders’ fees of $7,650 were paid to various brokers.

Further announcements regarding a subsequent tranche closing, and of developments in the medical marijuana sector, will be made as information becomes available.

All issued shares will be subject to a hold period, for any resale into the USA under Rule 144, of six months and one day. Proceeds of the Private Placement will be used for general working capital, for general and administrative needs, and for corporate opportunities in the medical marijuana sector. The Private Placement is subject to normal regulatory approvals.

The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Lexaria

Lexaria’s shares are quoted in the USA with symbol LXRP and in Canada with symbol LXX. The company searches for projects that could provide potential above-market returns.

To learn more about Lexaria Corp. visit www.lexariaenergy.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp.
Chris Bunka
Chairman & CEO
(250) 765-6424

FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. Access to capital, or lack thereof, is a major risk and there is no assurance that the Company will be able to raise required working capital. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that the medical marijuana business will provide any benefit to Lexaria and no assurance that the closed financing will deliver any net benefit to the Company, nor that additional financings will be successful.

The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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Harry Barr, Medical Marijuana Business Visionary Featured on CEO Interview

Posted by AGORACOM-JC at 3:37 PM on Tuesday, August 12th, 2014

(CSE: N, OTC Pink: NXTTF, FSE: M5BN)

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.

  • Since March 2014, NextGen has established two 100% owned Subsidiaries ( GreenRush Financial Conferences and GreenRush Analytical Laboratories) and a new Business Unit (GreenRush Business Brokerage)
  • GreenRush Financial Conferences held in Vancouver and Toronto exceeded expectations and continues to establish the GreenRush Financial Conference as the premier investment/business conferences in the Medical Marijuana, Industrial Hemp and Alternative Medicine Industries
  • Third conference will be September 23, 2014, in Seattle, Washington
  • GreenRush Analytical Laboratories’ management has been working with financial and technical advisors to formulate, consider and propose strategic options that would be in the best interests of NextGen’s Shareholders
  • GreenRush Analytical Laboratories’ management is in the process of assessing and selecting initial locations to establish first laboratory facility and have visited and evaluated different locations.
  • GreenRush Business Brokerage, when fully operational, will provide business to business brokerage services, Business and analytical valuations, consulting, confidential marketing and assistance from initial due diligence to completion of the final transaction.

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Hub On AGORACOM / Watch Interview Now!

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Lexaria Intends to Complete a $900,000 Financing

Posted by AGORACOM-JC at 9:12 AM on Friday, August 8th, 2014

Kelowna, British Columbia–(August 8, 2014) – Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) reports its intention to complete a non-brokered private placement financing, consisting of 6,000,000 Equity Units at US $0.15 per unit, to raise gross proceeds of up to US $900,000 (the “Private Placement”).

Each equity unit will consist of one common share of the Company and one non-transferable share purchase warrant, each warrant entitling the holder to purchase one additional common share of the Company for a period of eighteen months from the date of issuance, at a purchase price of US$0.25. The Company may accelerate the expiry date of the warrants if the stock price trades above CAD$0.60 for 20 consecutive days at any time after 6 months and one day has elapsed.

Lexaria may pay broker commissions of up to 6.0% in cash and 6% in broker warrants in connection with the Private Placement. Each broker’s warrant will be exercisable into one single common share (a “Warrant Share”) at a price of US$0.25 per Warrant Share for a period of eighteen (18) months following closing of the Offering. Certain directors, officers and insiders of the Company may participate in the Private Placement.

The Company is canceling its earlier announced intention to complete a non-brokered private placement financing, consisting of 17,000,000 Equity Units at US $0.20 per unit, to raise gross proceeds of up to US $3,400,000 (the “Private Placement”) due to market conditions and the increased dilution the larger proposed financing would have caused.

The securities issued will be subject to a hold period in Canada of four months and one day, or for any resales possible into the USA under Rule 144, six months and one day. Proceeds from the equity units will be used for corporate development in the Medical Marijuana business, G&A and general working capital. The Private Placement will be subject to normal regulatory approvals.

The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Lexaria

Lexaria’s shares are quoted in the USA with symbol LXRP and in Canada with symbol LXX. The company searches for projects that could provide potential above-market returns. To learn more about Lexaria Corp. visit www.lexariaenergy.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp.
Chris Bunka, CEO: (250) 765-6424
Clark Kent, Media Manager: (647) 519-2646

FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, weather, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. There can be no assurance that road or site conditions will be favorable for field work; no assurance that well treatments or workovers will have any effect on oil or gas production; no assurance that oil field interconnections will have any measurable impact on oil or gas production or on field operations, and no assurance that any expected new well(s) will be drilled or have any impact on the Company. There can be no assurance that expected oil and gas production will actually materialize; and thus no assurance that expected revenue will actually occur. There is no assurance the Company will have sufficient funds to drill additional wells, or to complete acquisitions or other business transactions. Such forward looking statements also include estimated cash flows, revenue and current and/or future rates of production of oil and natural gas, which can and will fluctuate for a variety of reasons; oil and gas reserve quantities produced by third parties; and intentions to participate in future exploration drilling. Adverse weather conditions including but not limited to surface flooding can delay operations, impact production, and cause reductions in revenue. The Company may not have sufficient expertise to thoroughly exploit its oil and gas properties. The Company may not have sufficient funding to thoroughly explore, drill or develop its properties. Access to capital, or lack thereof, is a major risk and there is no assurance that the Company will be able to raise required working capital. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that the medical marijuana business will provide any benefit to Lexaria and no assurance that the proposed financing of up to $900,000 will be successful.

The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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Next Gen Provides Corporate Update

Posted by AGORACOM-JC at 8:38 AM on Wednesday, August 6th, 2014

-Since March 2014, NextGen has established two 100% owned Subsidiaries ( GreenRush Financial Conferences and GreenRush Analytical Laboratories) and a new Business Unit (GreenRush Business Brokerage)

-GreenRush Financial Conferences held in Vancouver and Toronto exceeded expectations and continues to establish the GreenRush Financial Conference as the premier investment/business conferences in the Medical Marijuana, Industrial Hemp and Alternative Medicine Industries

-Our third conference will be September 23, 2014, in Seattle, Washington

-GreenRush Analytical Laboratories’ management has been working with financial and technical advisors to formulate, consider and propose strategic options that would be in the best interests of NextGen’s Shareholders

-GreenRush Analytical Laboratories’ management is in the process of assessing and selecting initial locations to establish first laboratory facility and have visited and evaluated different locations.

-GreenRush Business Brokerage, when fully operational, will provide business to business brokerage services, Business and analytical valuations, consulting, confidential marketing and assistance from initial due diligence to completion of the final transaction.

-Next Gen’s Management continues to aggressively identify and acquire new businesses within our Industries

Vancouver, British Columbia, Canada TNW-ACCESSWIRE / August 6 2014 / Next Gen Metals Inc. (“Next Gen”, the “Company”) (CSE: N, OTC Pink: NXTTF, FSE: M5BN) is pleased to announce an update on the rapid development of the Company and its activities.

Since February 26th, 2014 that Next Gen Metals announced its plan to diversify into Medical Marijuana, Industrial Hemp and Alternative Medicine space; the company has established two wholly owned subsidiaries, GreenRush Financial Conferences and GreenRush Analytical Laboratories’. On June 23rd, the company announced a new Business unit, GreenRush Business Brokerage, due to enormous amount of businesses that require capital and management expertise within our chosen industries.

Our company has gone through a tremendous expansion in the last five months and outside of our new businesses, we have also added a number of key technical and financial advisors. The Company’s seasoned advisors with their significant experience in the above industries will further strengthen our new businesses.

Update on GreenRush Financial Conferences:

GreenRush Financial Conferences’ vision is to be the premier purveyor of educational and investment conferences for the Medical Marijuana, Industrial Hemp and Alternative Medicine industries. Each conference will feature insightful speakers, government, health and industry specialists, public and private companies, fund managers, bankers, brokers, analysts, media and retail investors who share a common interest in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors.

GreenRush Conferences are tailored to institutional, high net worth and retail investors with a focus on education and investment in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors.

Our first GreenRush Financial Conference held on May 7th, 2014 in Vancouver, British Columbia exceeded our expectations. Over 1,500 fund managers, bankers, brokers, analysts, retail investors, interested industry followers and media attended the conference. Over 40 companies exhibited the conference and 28 expert speakers from across North America presented their companies or visions. The conference was covered by major media outlets across Canada the U.S and Europe.

Our Second GreenRush Financial Conference held in Toronto, Ontario also exceeded expectations with over 1200 attendees, over 37 exhibitors and 31 speakers, continues to establish the GreenRush Financial Conferences as the premier investment/business conference in the Industry.

Next Gen also formally invites interested investors, industry participants, stakeholders and exhibitors to our third GreenRush Financial Conference being held in Seattle, Washington in September 2014. We plan to announce our Fall 2014, Winter/Spring 2015 Program within the next 60 days

Companies seeking financing for their projects (business to business) will utilize the GreenRush Financial Conferences as their platform to educate Institutional Investors, Financial Advisors, Accredited and Retail Investors and the general public about their projects, their companies, potential sales from their product lines and related business plans.

 


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We have now set the stage for future conferences. Our next conferences are slated for the Seattle, Washington-fall 2014 and additional conferences would be held in Calgary, Edmonton, Montreal, other U.S cities and Europe in 2014-2015.

Update on GreenRush Analytical Laboratories:

GreenRush Analytical Laboratories’ management has been working with financial and technical advisors to formulate, consider, and propose strategic options that would be in the best interests of Next Gen’s Shareholders with respect to its wholly owned subsidiary, GAL. As part of this process, meetings have been held with several consultants, government authorities and advisors to identify and consider financing and technical solutions that would work best for Next Gen’s stakeholders. We are also in the process of assessing and selecting initial locations and jurisdictions to establish our laboratories. To that end we have visited and evaluated several different locations in British Columbia and Ontario.

A consult company that specializes in the laboratory setup has also been contracted to help establish GreenRush analytical laboratories

GreenRush Laboratories (GAL) is Next Gen’s fully owned subsidiary providing Analytical Analysis for medical-grade cannabis products. GAL will seek to become a certified Analytical Laboratory under the new Marijuana for Medical Purposes Regulations (MMPR) and will establish analytical laboratories equipped to provide product analysis and micro propagation and other professional services to Licensed Producers, distributers, caregivers and Industrial Hemp farmers. Our goal is to provide analytical testing to the cannabis industry to ensure the health and safety of consumers and to maximize the quality of our client’s products.

GreenRush Business Brokerage:

On June 23rd, Next Gen announced that it has established its wholly owned Business unit, GreenRush Business Brokerage (GBB). GreenRush Business Brokerage (GBB) is a business brokerage and advisory and consultancy business unit of Next Gen (CSE: N, OTC Pink: NXTTF, FSE: M5BN).

The Mission of GreenRush Business Brokerage is to broker our growing business inventory utilizing a standard agreement finder’s fee with businesses that require finance to interested parties who can provide Professional Management, Investment Expertise and Venture Capital for the Medical Marijuana, Industrial Hemp and Alternative Medicine business sectors.

GreenRush Business Brokerage (GBB), when fully operational, will provide business to business brokerage services, Business and analytical valuations, consulting, confidential marketing and assistance from initial due diligence to completion of the final transaction.

At GreenRush Business Brokerage (GBB) we constantly solicit and investigate Business Plans and Proposals for the Medical Marijuana, Industrial Hemp and Alternative medicine industries. Management and our corporate advisors are experts in analyzing trends, developments and policies in the above industries.

Our combined management team has over 300 years of experience in managing public and private companies, negotiating complex deals and raising venture capital. We plan to add this expertise to our GreenRush Business Brokerage unit.

About Next Gen

(CSE: N, OTC Pink: NXTTF, FSE: M5BN)

 

Next Gen is a diversified Canadian public company which focuses on investing in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. Recent regulatory/legal changes in North America have provided an opportunity for the company to enter into this emerging multi-billion dollar industry. Next Gen’s vision is to be the leading provider of venture capital, management expertise, education, brokerage and consultancy solutions and a facilitator for these explosive new industries.

Next Gen’s business model generates new industry business proposals and plans on a continuous basis. To that end, Management is currently negotiating with a number of companies who are interested in entering into contractual arrangements to co-venture, co-finance, and option-joint venture on one or more of Next Gen’s large inventory of business opportunities and existing 100% owned companies and projects in these multi-billion dollar industries. For further information on the company, visit our website at www.Next Genmetalsinc.com .

On March 20, 2014 Next Gen Metals announced that it had established its first wholly owned subsidiary, a Conference Division that intends to host Canada’s first conferences focused on business to business opportunities, the investment and education in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. GreenRush Financial Conferences’ vision is to be the premier purveyor of investment conferences for the Medical Marijuana, Industrial Hemp and Alternative Medicine industries. After two very successful conferences in Canada, management has selected Seattle Washington for its third conference. Seattle was selected due to recent changes in Washington’s laws (see Company’s last press release for more information on why Seattle and why US conferences).

If you are interested in being a speaker, exhibitor or sponsor for future Financial Conferences please submit your indication of specific interest as soon as possible to the GreenRush Financial Conference team as the available spaces are fill up quickly.

On May 6, 2014 Next Gen announced the establishment of its second wholly owned subsidiary GreenRush Analytical Laboratories Inc. GreenRush Analytical Laboratories Inc. will provide analytical testing to the cannabis industry by delivering customized solutions and accurate analytical results and ensure the health and safety of consumers. GreenRush Analytical Laboratories vision is to become a leading Laboratory company focused on servicing the legalized cannabis industry in North America.

Next Gen’s Management’s intention is to invest in a basket of companies within these growing industries. The company’s business model continues to generate new business plans and project submittals 24/7. In light of Next Gen’s vision, Management is evaluating multiple new business plans and industry related proposals on an ongoing basis. Management continues to receive and review numerous proposals including: alternative medicine, health, food, agri-business, legal grow-ops, science and technology, client generation, education, Brokerage and Consultancy Solutions, Public awareness, specialty clinics and ancillary business opportunities. The directors of Next Gen have given management the directive to identify core business opportunities and then to invest in a basket of companies within these emerging sectors.


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For more information on GreenRush Conferences please visit our website at www.greenrushfinancialconferences.com, email us at info@Next Genmetalsinc.com or contact us by phone at (604) 685-1870.
About GreenRush Financial Conferences


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GreenRush Financial Conferences is a wholly owned subsidiary of Next Gen (Public Company, CSE: N, OTC Pink: NXTTF, FSE: M5BN). GreenRush’s vision is to be the premier purveyor of educational and investment conferences for the Medical Marijuana, Industrial Hemp and Alternative Medicine industries.

The conference will feature insightful speakers, government, health and industry specialists, public and private companies, fund managers, bankers, brokers, analysts, and media who share a common interest in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. GreenRush Conferences will be tailored to institutional, high net worth and retail investors with a focus on education and investment in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors.

We would also like to invite the participants, attendees, keynote speakers, industry and investment experts all to attend to our next conferences which are slated for the Seattle, Washington-Fall 2014 with additional conferences in Calgary, Edmonton, Montreal, other US cities and Europe in 2014-2015.

About GreenRush Analytical Laboratories Inc.:

 

GreenRush Laboratories (GAL) is Next Gen’s fully owned subsidiary providing Analytical Analysis for medical-grade cannabis products.

GAL will seek to become a certified Analytical Laboratory under the new Marijuana for Medical Purposes Regulations (MMPR) and will establish analytical laboratories equipped to provide product analysis and micro propagation and other professional services to Licensed Producers, distributers, caregivers and Industrial Hemp farmers.

Our goal is to provide analytical testing to the cannabis industry to ensure the health and safety of consumers and to maximize the quality of our client’s products.

Initial locations are being finalized in British Colombia and Ontario

For further information on GreenRush Analytical Laboratories Inc. please visit us at http://www.greenrushanalyticallabs.com/

About GreenRush Business Brokerage

 

GreenRush Business Brokerage (GBB) is a business brokerage and advisory and consultancy business unit of Next Gen (CSE: N, OTC Pink: NXTTF, FSE: M5BN), GBB is headquartered in Vancouver, British Columbia with satellite offices in Toronto and Rockport, Ontario, and Maui county, Hawaii, USA. GreenRush Business Brokerage unit serves as an intermediary between buyers and sellers of small to medium-size businesses across the Medical Marijuana, Industrial Hemp and Alternative medicine industries.

For further information on GreenRush Business Brokerage Unit please visit us at www.Next Genmetalsinc.com

On behalf of the Board of Directors

“Harry Barr”

Harry Barr

President & CEO

FORWARD LOOKING INFORMATION

This News Release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This News Release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this News Release

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Lexaria Announces Corporate Update

Posted by AGORACOM-JC at 8:31 AM on Tuesday, August 5th, 2014

Kelowna, British Columbia–(August 5, 2014) – Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) is announces that it is in the process of making all the cash and stock payments required to secure its lease of the Burlington marijuana production facility to Dec 9, 2014. This includes the issuance of 91,662 restricted common shares to the building owner as Lexaria’s portion of the lease costs.

As earlier announced, the Burlington joint venture with Enertopia Corp has received municipal approval. The Lexaria/Enertopia joint venture is for a building of approx 75,000 sq ft in total potential space available. Additional lease payments will be required after Dec 9, 2014. Progress on the joint venture continues to be made and Lexaria will report new developments soon, as they are finalized.

Separately, the Company has issued 82,031 restricted common shares to Agora Internet Relations Corp, for a quarterly payment as per an agreement originally announced in March, 2014.

Although the share issuances disclosed herein are not large, Lexaria has a policy of informing investors on every occasion when shares are issued, as changes to the Company’s capital structure are material events. It is important that shareholders have the most current information possible, and this is part of Lexaria’s continuous efforts at full transparency. After these shares are issued, Lexaria will have 32,998,357 shares issued and outstanding.

The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Lexaria

Lexaria’s shares are quoted in the USA with symbol LXRP and in Canada with symbol LXX. The company searches for projects that could provide potential above-market returns.

To learn more about Lexaria Corp. visit www.lexariaenergy.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp. Chris Bunka, CEO: (250) 765-6424
Clark Kent, Media Inquiries: (647) 519-2646

FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, weather, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. There can be no assurance that road or site conditions will be favorable for field work; no assurance that well treatments or workovers will have any effect on oil or gas production; no assurance that oil field interconnections will have any measurable impact on oil or gas production or on field operations, and no assurance that any expected new well(s) will be drilled or have any impact on the Company. There can be no assurance that expected oil and gas production will actually materialize; and thus no assurance that expected revenue will actually occur. There is no assurance the Company will have sufficient funds to drill additional wells, or to complete acquisitions or other business transactions. Such forward looking statements also include estimated cash flows, revenue and current and/or future rates of production of oil and natural gas, which can and will fluctuate for a variety of reasons; oil and gas reserve quantities produced by third parties; and intentions to participate in future exploration drilling. Adverse weather conditions including but not limited to surface flooding can delay operations, impact production, and cause reductions in revenue. The Company may not have sufficient expertise to thoroughly exploit its oil and gas properties. The Company may not have sufficient funding to thoroughly explore, drill or develop its properties. Access to capital, or lack thereof, is a major risk and there is no assurance that the Company will be able to raise required working capital. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that the medical marijuana business will provide any benefit to Lexaria, and no assurance that any proposed new facility will be built or proceed, nor that municipal or Health Canada regulatory approvals will be obtained. There is no assurance that any municipality where proposed facilities are located will retain its approval for a medical marijuana production facility. The Company is not currently growing or selling medical marijuana.

The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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Enertopia Provides Corporate Update

Posted by AGORACOM-JC at 8:07 AM on Tuesday, August 5th, 2014

VANCOUVER, BC /August 5, 2014 / Enertopia Corporation (ENRT-OTCBB) (TOP-CSE) (the “Company” or “Enertopia”) announces the following corporate update.

With the recent success of the Burlington municipal approval the Company is pleased to announce it has issued 118,416 shares to 1475714 Ontario Inc. as required under the building lease agreement for its base share of lease costs for the remainder of 2014 under the Lease agreement. The Company and its JV partner Lexaria Corp will have a project update in the coming weeks.

The Company is currently reviewing opportunities in the oil & edibles, and industrial hemp markets across North America, as it looks to broaden its opportunities for multiple streams of revenue.

The Company has also engaged Neil Blake to help out with our Investors Relations outreach.

The Enertopia website has been updated to reflect the company’s growing focus on patient well being as the investment community grows in its understanding of the importance of Medical marijuana and the importance of natural CBD medication, please visit www.enertopia.com

Follow Enertopia:

Twitter: www.twitter.com/EnertopiaCorp

Facebook: www.Facebook.com/EnertopiaCorp

The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call

Ken Faulkner, Business and Institutional Development: (250) 765-3630

Clark Kent, Media Inquiries: (647) 519-2646

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its medical marihuana projects, evaluation of clean energy projects, oil & gas projects, , competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that the Burlington JV will obtain a license under MMPR and or that the Company will be able to obtain future financings. Similarly, there can be no assurance that the Company will be successful in securing operations in the oils, edibles or hemp markets.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

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Parents of six-year-old medical marijuana user calling for legal access to marijuana oil

Posted by AGORACOM-JC at 10:11 AM on Tuesday, July 29th, 2014

CTV Ottawa

The parents of six-year-old Ottawa Constance Bay boy who suffers from a rare form of epilepsy are desperately calling for changes to Canada’s medicinal marijuana laws.

Liam McKnight’s parents are breaking the rule by giving him marijuana oil to help treat his severe seizures.

Liam has Dravet Syndrome, a rare form of epilepsy that causes him to suffer violent seizures, sometimes dozens a day.

But under Heath Canada rules, licensed producers can only produce and distribute dried marijuana.

Liam’s mother Mandy McKnight says her son is technically only allowed to smoke it or vaporize it.

But she doesn’t want Liam smoking marijuana, and she says he wouldn’t be able to anyway.

Liam is developmentally delayed, and his mother says he would not understand how to inhale it.

McKnight says the best way for Liam to receive the medical benifits of the drug is to ingest it as an oil, not to smoke it.

The strain of marijuana Liam is taking is higher in CBD, the compound that helps him, and very low in THC, the compound that produces the drug’s “high” effects.

Liam’s mom says they have tried several different medications to treat Liam’s seizures, and so far marijuana oil has been their best defence against them.

Liam’s parents are calling on the federal government to make medicinal marijuana oil legal.

Right now, they must go through the costly and lengthy process of buying the dried marijuana, having it converted into oil, then tested to check its properties so they can determine the proper dosage to give Liam.

They say they don’t know how long they can sustain that.

According to Health Canada, “current regulations for clinical trials would allow a sponsor to propose a clinical trial for extracts of cannabis. A manufacturer or another sponsor (e.g., a physician or treatment centre) can submit a clinical trial application to Health Canada at any time.”

But the McNights say they don’t have time to wait for a clinical trial.

They say last year, 14 children in their Dravet Syndrome support group passed away.

They want Liam to have easier access to the oil so his quality of life can be improved.
“I don’t understand why Health Canada is preventing him from accessing a medication that could potentially save his life, or extend it for a very long period of time,” Mandy McKnight said.

“We’re trying to do everything we can to just give him a break, and give him a chance to just be a kid,” she said. “I think it’s a viable treatment option, and he deserves a chance to try it.”

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