A hundred and fifty years ago, Harry Barr's (President and CEO of
Next Gen Metals) (CSE:N) (OTC Pink:NXTTF), ancestors began farming
in the Ottawa Valley. As far back as pre WWII, the family farm was
producing hemp, which in those days was used primarily for rope for
the War Act.
At 23, a young Harry Barr graduated from the University of
Guelph in Agribusiness and began a career that forged him into a
global mining executive and financier. Barr notes that since 1985,
every exploration company he has started is still in business today
and managed from Vancouver.
Now, Barr's company has seized the opportunity to incubate and
mentor those legal marijuana and hemp companies that have the
technical savvy, but require the business acumen that any new or
expanding industry needs; be it fundraising, complex negotiation
skills, capital markets expertise, public company administration or
IPO's.
Those tenets will take shape in a big way on May 7th, when Next
Gen's 100 percent-owned subsidiary, GreenRush Financial Conferences
launches in Vancouver at the Convention Centre East and the Pan
Pacific Hotel with the first of a series of global Medical
Marijuana and Industrial Hemp conferences, bringing together
stakeholders, investors, companies and the legal community. Simply
put, these conferences intend to be the premier purveyor of
investment education and finance for the Medical Marijuana,
Industrial Hemp and Alternative Medicine industries.
"I applaud Mr. Barr for being a pioneer and recognizing the lack
of Marijuana expositions in Canada that focus on finance," stated
Mike Withrow, President and CEO of Abattis Bioceuticals Corp (OTC
PINK:ATTBF). "We now have a forum to tell the world about our Grow
Dry Extract Refine and Sciences model coined GDERS."
"The Medical Marijuana business is slowly recapitalizing the
junior mining industry in Canada," stated Harry Barr, CEO of Next
Gen. "But more than that, it is quickly bringing together the legal
and industry forces necessary to give a complex, highly regulated
market the visibility and transparency that investors require."
Barr's quote that the Medical Marijuana Industry is
recapitalizing junior mining is a result of the fact that Canadian
Securities Laws have allowed for thousands of Venture Capital
companies to be formed. Given the mining downturn of the last three
years, many of these entrepreneurs with proven fund raising and
capital market abilities are now taking their shareholders into
this new multibillion-dollar industry.
As well as discussing direct investment opportunities, the
GreenRush Conferences will focus on the latest Medical Marijuana
research, legal issues and give an overview of the industrial hemp
market and the role of Alternative Medicines.
There is little chance that growth in this space will retreat
anytime soon. The majority of support for the legalization exceeds
50% in Boomers and hits 65% for Millennials. From 1969 to 2013,
legalization of marijuana supporters grew from 12% to 52%. Those
wanting it to remain illegal dropped from 84% to 45% in the same
period.
Barr was an early adopter who, using mining parlance, staked his
claim in the Medical Marijuana space well before most others.
Unlike some juniors, from Day One, his approach was not knee-jerk
opportunism, but a well thought out business strategy utilizing
decades of business acumen to add consistent shareholder value.
Management of Next Gen (as well as other entrepreneurs) is very
good at raising capital. The Company intends to extend its brand to
this industry and is actively seeking and reviewing new business
plans. It intends to be a leader in the space and the go-to Company
for legal marijuana and industrial hemp investments.
Barr is also the driving force of the International Metals Group
(IMG), a brain bank of project acquisition, exploration and
development professionals, including dedicated CEOs, geologists,
engineers, corporate finance and investor relations experts,
corporate managers, public company administrators, and regulatory
and government affairs specialists.
To date, IMG companies (past and present) have completed over
300 option/joint venture agreements with major, mid-tier and junior
companies and raised over $250,000,000 to advance their projects
throughout 9 countries.
Barr could well be right in his assumptions, being a fixture on
the mining scene for 29 years. As CEO, Chairman and Director of
Pacific North West Capital Corp, he is also Chairman and CEO of El
Nino Ventures, President of Next Gen Minerals (CSE:N) (OTC Pink:
NXTTF) and Chairman of Southern Sun Minerals. Pacific North West
Capital Corp is a controlling shareholder of Next Gen (22%),
approximately 10% of El Nino Ventures and has a modest but
important stake in Southern Sun Minerals.
Barr is not abandoning his mining roots and projects. In
Ontario, Barr's Pacific Northwest Capital made a grass roots
discovery on its River Valley Platinum Group metal property, which
is now a multi-million ounce deposit. The Group's mining team is
working hard to joint venture this advanced stage project with a
company capable of financing this project to production.
As well, in Bathurst, New Brunswick, Mr. Barr's El Nino
Venture's has two option agreements with Glencore Canada and
Brazil's second largest mining company Votorantim. Earlier this
year El Nino won a five-year international arbitration on its
D.R.C. copper discovery freeing up this project for continued
development.
The GreenRush Financial Conference Exhibitor Space opens at 7:00
am; the opening talk is at 8:00am and concludes at 6:pm on May 7th
at the Vancouver Convention Centre East and Ballrooms A/B/C/ in the
Pan Pacific Hotel. The final hour hosts a discussion entitled; "The
Great Debate: Legalization versus Prohibition," followed by drinks
and informal networking and discussion.
As well as an impressive lineup of speakers, there is an
exhibitor hall with representatives from the Medical Marijuana
community, investment dealers, financial professionals, media and
the legal profession. Investors, media and other interested
individuals can register through the conference site at
www.greenrushfinancialconferences.com.
Of the more than two-dozen speakers are Bruce Linton from Tweed
Marijuana (TSX-V:TWD), Harry Barr from Next Gen Metals, Chris Bunka
from Lexaria Corp (OTCQB:LXRP), Craig Goodwin of Naturally Splendid
(TSX-V:NSP), John Conroy of Conroy & Company and Daniel L.
Kiselbach from Deloitte.
While the Medical Marijuana market represents a unique
investment opportunity, it is important for investors to arm
themselves with the facts in this complex, burgeoning market.
Highly regulated, the companies that do the stringent due diligence
necessary and develop the most growth-oriented alliances and
partnerships will undoubtedly be the names that rise to the top as
the space matures and garners increasing investor
interest.
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