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NextGen Cannabis Consulting Details Compliance And Accountability Systems Built Into Its Hollywood, California, Medical Marijuana Dispensary

2014-06-11 09:14 ET - News Release

FAIRFAX, Va., June 11, 2014 /PRNewswire/ -- Next Generation Energy Corp. (OTCQB:NGMC) and its wholly owned subsidiary, NextGen Cannabis Consulting LLC, announced today that BioTrackTHC™ has been selected as software partner for the Company's DMS (Dispensary Management System).

NextGen Cannabis Consulting LLC provides dispensary management services to the medical marijuana industry including staffing, IT, security, financial, legal and advisory services.

Darryl Reed, Next Generation CEO, stated that "our technical team evaluated numerous dispensary management software products and chose BioTrackTHC™ as the clear choice to add to our suite of DMS services.  BioTrackTHC™ is a fully featured, easy to use, seed to sale solution with grow house/plant management, inventory management, customizable point of sale functionality and a feature rich suite of state and local regulatory agency compliance reporting."

NextGen Cannabis Consulting  recently installed BioTrackTHC™ in its dispensary, Highway 2 Health, under construction in Hollywood, which is scheduled to open within several weeks with a grand opening scheduled the first week in July. "The technical team reported that the installation was flawless and they experienced excellent support from BioTrackTHC engineers who installed and tested the application remotely," said Mr. Reed. NGMC plans to utilize the BioTrackTHC™ software in future dispensary locations as well.

"We are instituting a level of compliance and accountability not typically seen in California.  With sparse regulatory guidance and minimal internal dispensary controls, NGMC is going above and beyond what is required and instituting first-of-its-kind practices in this market," NGMC's CEO said.

("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates.  The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission.  The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)

Contact: Paul Knopick
E & E Communications
940.262.3584

SOURCE NextGen Cannabis Consulting LLC

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