NexTech Launches Augmented Reality Dispensary Experience for the Legal Cannabis Market

[vc_row][vc_column][vc_column_text]NexTech’s AR Dispensary will enable consumers to preview cannabis products such as flowers, gear, pre-rolls and more from home; platform utilizes immersive AR and 3D photography to educate consumers before the purchasing decision

New York, NY and Toronto, ON – March 12, 2019 – NexTech AR Solutions (the “Company” or “NexTech”) (OTC: NEXCF)(CSE: NTAR)(FSE:N29) today announced the launch of its innovative augmented reality (“AR”) platform for the legal cannabis industry, AR Dispensary.

To experience the AR Dispensary, please click here.

NexTech’s AR Dispensary utilizes immersive AR technology and rich 3D 360-degree photography to provide an eCommerce experience like no other in the legal cannabis industry. The white-label web-based AR solution, integrated into a dispensary’s website seamlessly through just a snippet of code, enables consumers to preview products like flowers, gear, pre-rolls, and more from home or on-the-go. The platform can also support features for online ordering/pickup, and online ordering/delivery (where permitted), creating a complete digital dispensary experience.

“As an end-to-end eCommerce and education solution for the legal cannabis industry, AR Dispensary provides dispensary owners with a comprehensive solution that is scalable, customizable and, most importantly, easy to integrate within an existing web interface,” said Evan Gappelberg, CEO of NexTech. “Whether a dispensary’s goal is to educate customers on potential health benefits of cannabis or simply to increase sales, AR Dispensary provides the interactive online experience consumers crave that drives brand loyalty and awareness.”

Traditionally the education process for cannabis consumers takes place at the dispensary, through a conversation with the “Budtender.” This can be both time-consuming and confusing for the customer, especially if they are new to the industry. Instead, with AR Dispensary, legal cannabis sellers can empower consumers to educate themselves before entering the dispensary, ensuring they have the knowledge to make an informed purchasing decision.

“When people are planning to make a purchase both in-store and online, many are using the internet to research products to ensure they’re making the right purchasing decision. We do it with clothes, electronics, and other consumer goods – why should cannabis be any different?” Gappelberg said. “AR Dispensary provides that traditional research and purchase experience for dispensaries that we’ve seen be so successful across a host of other industries. This is truly a next-generation experience that will drive engagement and learning within the cannabis industry.”

With spending on legal cannabis worldwide expected to reach $57 billion by 2027, according to Arcview Market Research and BDS Analytics, on-demand, interactive AR experiences are the next step towards improving customers’ path to purchase. The release of AR Dispensary continues NexTech’s penetration into the burgeoning market, following its deal with Cannvas Medtech Inc., a leading digital cannabis education and business technology company, in January 2019.

 

About NexTech AR Solutions Corp.

NexTech is bringing a next generation web enabled augmented reality (AR) platform with Artificial Intelligence (AI) and analytics to the Cannabis industry, eCommerce, education, training, healthcare and video conferencing. Having integrated with Shopify, Magento and WordPress its technology offers eCommerce sites a universal 3D shopping solution. With just a few lines of embed code, the company’s patent-pending platform offers the most technologically advanced 3D-AR, AI technology anywhere.  Online retailers can subscribe to Nextechs state of the art, 3D-AR/AI solution for $79/mo. The company has created the AR industries first end-to-end affordable, intelligent, frictionless, scalable platform. To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.

On behalf of the Board of NexTech AR Solutions Corp.
Evan Gappelberg
CEO and Director

For further information, please contact:

Evan Gappelberg

Chief Executive Officer

info@nextechar.com   

Media contact:

Erin Hadden

FischTank Marketing and PR

ehadden@fischtankpr.com

 

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

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “looking forward” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

NEXTECH AND CANNVAS BRINGING AR TO CANNABIS EDUCATION


January 22
th, 2019
Vancouver, BC – Toronto, ON

NexTech AR Solutions Corp. (the “Company” or “NexTech”) (CSE: NTAR) (OTC: NEXCF) (FSE: N29) is pleased to announce it has signed a deal to bring AR to cannabis education with Cannvas Medtech Inc, a leading digital cannabis education and business technology company. Cannvas MedTech Inc. (“Cannvas” or the “Company”) (CSE: MTEC) (Frankfurt: 3CM) (OTCPK: CANVF) Cannvas is a market leader with over one million cannabis consumer data points collected on its digital cannabis education platform since its launch in October 2018. With this deal NexTech’s AR technology will gain a leading position in the cannabis market for the education of consumers interested in the many medical benefits of  cannabis. Cannvas intends to roll out AR enhanced learning kiosks into high-traffic retail areas across Canada to improve accessibility to free and physician-backed education focused on the potential benefits of medical and adult-use cannabis. With the addition of NexTechs AR-3D product demos, and live AR holograms beaming in as experts, the Kiosk capabilities will be dramatically enhanced, creating a very powerful and scalable AR education platform for cannabis.

“Working with NexTech allows Cannvas the opportunity to create a first-to-market AR-based cannabis learning program and lead the way for the digital evolution of education as it continues to intertwine with technology to generate new and exciting ways for people to take in information,” said Steve Loutskou, Chief Operating Officer, Global Markets, Cannvas MedTech Inc. “It has been proven that companies who personalize the user experience through AR enjoy an improvement in their customer relations and overall profitability, and our goal through this partnership with NexTech is to take our Cannvas Kiosk to the next level and ensure users receive accurate and evidence-based cannabis information customized to their needs and location.”

Plans are in the works to integrate Cannvas learning kiosks with select health clinics and platforms from coast to coast whereby users engaging with the Kiosk have an opportunity to follow up with a licensed medical practitioner, should they so choose, and these clinics or platforms will be among their options.

“As someone who comes from the training and education world, the extension of the digital experience to include AR is so promising” comments Reuben Tozman,  Chief Operating Officer of NexTech. “Creating high powered user experiences seems to be common ground between our respective organizations and we are excited to offer the market true next generation experiences that drive engagement and learning.”

NexTech brings AR to a wide audience through its own AR ecosystem,  featuring eCommerce solutions for websites, AR learning and education and AR live streaming for events. Its AR web-enabled eCommerce platform is currently integrated with Shopify, WordPress and Magento, and its e-learning platform “edCetra” has been used by Fortune 500 companies such as Imperial Oil, Bombardier and Staples, as well as the Library of Congress and others to educate and train employees.

“As a leading digital cannabis education and business technology company, we are always exploring ways to leverage new technologies in support of the educational content we provide around the potential health benefits of cannabis,” said Shawn Moniz, Chief Executive Officer, Cannvas MedTech Inc. “The rise of AR as a prevalent marketing tool coupled with the proven track record of NexTech working with top brands to deliver personalized AR experiences to their customers made it an easy decision to retain their services and strengthen the impression our Cannvas Kiosk leaves on cannabis-curious users from coast to coast.”

Content at each Cannvas Kiosk will be powered by the Cannvas.Me platform. Cannvas.Me is a scalable and comprehensive solution for the global medical cannabis community offering interactive tools and physician-backed content to audiences wishing to learn about health care through cannabis. Its mission is to place users in the driver’s seat of their health care journey, arming them with unbiased information on whether medicinal or therapeutic use of cannabis can be beneficial to their lifestyle.

Cannvas and NexTech plan to collaborate on data collection and analysis to examine consumer behavior patterns at Cannvas Kiosks and leverage that information to ensure optimal user experiences. Both companies will also explore their existing networks and strategic partnerships to assess whether there is potential to form a joint service offering through the Cannvas Kiosk platform or an otherwise undiscovered opportunity.


About NexTech AR Solutions Corp.

NexTech is bringing augmented reality (AR) to the masses by creating an AR ecosystem featuring eCommerce solutions for websites, AR learning and education as well as AR live streaming for events.  The company has filed a patent around its AR web-enabled eCommerce platform which has been integrated with Shopify, WordPress and Magento. The AR can “go live” on any ecomm site with just a few lines of embed code creating a highly scalable platform. The global eCommerce industry is a $2.8 trillion-dollar marketplace and growing. NexTech has acquired its e-learning platform “edCetra” which has been used by Fortune 500 companies such as Imperial Oil, Bombardier and Staples, as well as the Library of Congress and others to educate and train employees. NexTech has added augmented reality training and education options into the platform and expects to launch in 2019. The company is also working on bringing forth its AR live streaming platform for shows and live events.  All of the companies platforms run off of one CRM which allows for its AR ecosystem to rise up. NexTech launched its ARitize™ app in August 2018, which is capable of hosting many brands 3D objects and augmented reality experiences. NexTech also owns a large and diverse revenue generating App Portfolio that is deployed on the iTunes and Google play store which it intends to ARitize™.


About Cannvas MedTech Inc.

Cannvas MedTech is a leading digital cannabis education and business technology company within the health sciences space. They design and build patient-centric platforms that enable our partners to harness the power of data to truly understand their customers.

 

For further information, please contact:

Evan Gappelberg
Chief Executive Officer & Director
info@nextechar.com
(631)-655-6733


The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 
Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “looking forward” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

CFN: HOW DUAL LISTINGS ARE HELPING CANNABIS COMPANIES ACCESS CAPITAL

The cannabis industry is projected to reach C$22.6 billion by 2026, according to Cowen & Co., driven by the legalization of adult-use cannabis earlier this year. While Canadian investors have been voracious buyers, many companies have expanded their efforts to reach United States and European investors through dual-listings. These dual-listings offer the ability to increase liquidity, reach more investors, and ultimately, generate more value.

In this article, CFN takes a a look at why cannabis is leading the way in dual-listings and how companies like  us,  NexTech AR Solutions Inc. (CSE: NTAR) (FSE: N29), are capitalizing on these dynamics to build long-term shareholder value.

CFN NEWS SUMMARY:

Where You List Matters

Most North American investors are familiar with U.S. and Canadian stock exchanges, such as the NYSE, NASDAQ, CSE and TSX, but these exchanges only reach investors in those countries. European investors don’t have an easy way to buy securities on these exchanges—just like North American investors can’t easily access European exchanges. These dynamics can limit investor access to public companies on a global level.

Dual listings, also known as interlistings or cross-listings, enable public companies to list their securities on two or more different exchanges. These listings provide access to greater liquidity, more capital, and longer trading hours. For example, many Australian and Canadian resource companies list their shares on European exchanges because there’s substantial investor interest due to the lack of local resource companies…

Cannabis Leads the Way

Many small-cap companies have leveraged dual listings to help build a more diverse shareholder base and raise more capital at less cost. In particular, small-cap companies that operate in industries that aren’t necessarily available overseas have an opportunity to attract a large number of investors and raise more capital. The most prominent industry meeting these criteria is Canada’s nascent cannabis industry…

Many Canadian companies have sought dual listings to capitalize on these dynamics. For example, NexTech AR Solutions Inc. (CSE: NTAR) recently announced its new listing on the Frankfurt Stock Exchange (FSE: N29), which is the largest European stock exchange. The company’s plans to combine augmented reality with the cannabis industry could open the door to significant long-term growth opportunities…

Continue reading the Full Article on Cannabis Financial News

For more information  contact us.

SESSIONS IS OUT AND CANNABIS STOCKS ARE RISING

The cannabis industry has faced no shortage of challenges over the years.

However, without a doubt, the biggest one has always come from the government. Until countries like the U.S. – especially the U.S. – legalize marijuana, cannabis companies will always face obstacles that businesses in other industries never have to even think about.

Recently, one of the biggest challenges to legalization actually disappeared – or, at least, resigned. On November 7th, former Senator Jeff Sessions became former Attorney General, as well.

While there are still plenty of other politicians who oppose legalization of marijuana at the federal level, this was a huge victory for the cannabis industry.

Jeff Sessions Was an Avid Critic of Marijuana Legalization

Jeff Sessions was notorious for his negative views on marijuana, which he once described as “dubious” – a bit of an understatement. For example, he once said, “good people don’t smoke marijuana.”

Last year, he even went so far as to rescind policies set by President Obama that essentially took marijuana off the list of drugs that federal agents would target. Not surprisingly, the news immediately sent cannabis-company stock prices plummeting.

So, it was understandable that cannabis companies collectively tensed up when President Trump named Sessions his Attorney General. It seemed at least possible that Sessions’ new role could lead to some reversals to all the progress that had been made in recent years by this burgeoning industry.

That’s why, as the L.A. Times so aptly put it, with Sessions out, the marijuana movement [exhaled].

While some have made the case that Sessions’ criticism actually helped the industry – by drumming up support among otherwise neutral parties – it seems clear that his resignation is a welcomed change. After his departure, cannabis companies’ stocks surged.

The Horizons Marijuana Life Sciences Index ETF and ETFMG Alternative Harvest ETF both hit new records increasing as much as 7.9% and 9.1%, respectively. Those massive jumps show just how much of a threat many in the industry viewed Jeff Sessions.

What Does This Mean for the Future of the Cannabis Industry?

Even though Sessions’ resignation was clearly good news for cannabis companies, what does it say about the future of the industry?

Obviously, no one knows for sure.

That said, he has voiced support for the STATES Act, a bipartisan bill that would exempt cannabis companies from the Controlled Substances Act, provided they were licensed by the state. Aside from ensuring they wouldn’t face legal consequences from federal authorities, this legislation would also free the industry from the current banking and tax issues that continue to plague it.

This support is consistent with sentiments President Trump had shared about leaving cannabis companies alone when he was on the campaign trail.

However, during that time, he also said he felt “strong” about not legalizing marijuana on a federal level, except for medicinal use.

As we near closer to the 2020 elections, will President Trump push for legalization in an effort to boost his chances of reelection?

It’s not inconceivable.

The Writing Is on the Wall for Federal Legalization

It is hard to believe it would have to come to that, though.

The problem is an especially frustrating one seeing as how the writing is on the wall. Support for national legalization of marijuana has never been so high (no pun intended). 64% of Americans believe marijuana should be legalized, up more than 50% from just 10 years ago. 75% of Millennials are on board with the idea.

Even states like Oklahoma, which has a reputation for being one of the most conservative in the state, recently voted to legalize medicinal marijuana. The initiative passed with an impressive 57% of the votes.

Keep in mind that this is a state where, just 10 years ago, getting caught using cannabis in public could earn a prison sentence of up to a decade if it happened twice in 10 years.

Similarly, the people of Texas seem open to some degree of marijuana legalization, as well.

Recently, Utah and Missouri both legalized medicinal marijuana, while Michigan actually made it legal to use recreationally. That was yet another big outcome of the recent elections that the industry noticed and responded to with increased stock prices.

These included:

  • Aurora Cannabis Inc. went up 8.8%
  • Canopy Growth Corp. went up 8.2%.
  • Tilray Inc.  went up 30.6%

Of course, full legalization in Canada didn’t hurt stock prices, either.

Sessions’ Resignation Isn’t the Only Force Behind Rising Cannabis Stocks

In what may actually be one of the most interesting developments, alcohol companies have increasingly shown interest in investing in cannabis companies. Back in August, news broke that Diageo plc (DEO), the brand behind Guinness beer, was in talks with at least three cannabis companies from Canada about working together on the potential for marijuana-infused drinks.

Around the same time, Constellation Brands Inc. – a Fortune 500 Company that makes beer, wine, and spirits – made headlines by investing $4 billion in Canopy Growth, a leader of the medical marijuana industry in Canada. This wasn’t their first time doing so, either. However, this newest investment brought their stake in Canopy Growth from 9.9% to 38%.

Yet Another Good Sign for the Cannabis Industry

Finally, we’d like to think that the industry growing (again, no pun intended) around cannabis companies is another encouraging sign that full legalization is on the horizon.

Obviously, we’re a little biased, but the amount of technology, alone, that has been developed to help these businesses succeed is reason to be optimistic.

At NexTech AR Solutions, we’re doing our part by introducing augmented reality to the cannabis industry and have even been listed on the CSE and the Frankfurt stock exchange.

If you’d like to improve your cannabis company’s marketing and engagement capabilities, we’d love to show you what we can do. Contact us today and we’ll explain our suite of powerful services.

4 REASONS AUGMENTED REALITY IS PERFECT FOR THE CANNABIS INDUSTRY

What Makes Cannabis the Perfect Segment for Augmented Reality?

As 2018 comes to a close, it seems clear that the coming year is going to be another big one for augmented reality (AR). While AR has opened up brand new opportunities for many companies, it has also proven to be a perfect complement for many strategies that businesses were already executing.

This is perhaps exemplified best by the cannabis industry. A burgeoning market in its own right, cannabis companies and augmented reality have proven to be an ideal match.

4 Reasons Augmented Reality Is Perfect for the Cannabis Industry

Augmented reality is expected to be a $133.7 billion industry by 2021, a statistic that reflects just how much experts believe it will grow in the coming years.

Much of this growth will come from new adopters. Some of it will come from companies that already use AR but decide to increase their investments in the technology.

While almost every industry will adopt AR to some degree or another, expect cannabis companies to continue being extremely receptive for the following 4 reasons.

1. The Market for Cannabis Is Tech-Savvy

According to the Cannabis Consumers Coalition, 40.79% of cannabis users are between the ages of 21 and 35. In other words, the largest consumer segment of cannabis users is Millennials.

This is important to understand as 68% of Millennials want an integrated seamless experience across channels from businesses. This means that they expect to experience a seamless transition between their mobile devices, phones, and in-store experiences when interacting with a company.

That’s great news for dispensaries, as it dispels the myth that Millennials only want to make purchases online. They’re actually more than happy to visit a physical store to get what they want (their only choice for cannabis), provided that company invests in omnichannel engagement.

Dr. Tim Hilken is a professor of Marketing and Supply Chain Management at Maastricht University School of Business and Economics. In his paper, “Making omnichannel an augmented reality: the current and future state of the art”, he found that augmented reality offers several opportunities that provide a seamless omnichannel journey to customers. As well, it smoothens current obstacles through combined customer experiences that have been embedded, extended, and embodied.

All three of those opportunities are being leveraged by companies with large Millennial markets. Many of them are part of the cannabis industry.

2. Augmented Reality Is Making It Easier to Market Cannabis

Education has been central to the cannabis industry. Educating the public about the realities of cannabis use has been central to its legalization. Education has remained a central strategy for cannabis companies looking to win new customers, too.

Augmented reality perfectly lends itself to this unique requirement. Companies have been using “virtual budtenders” to help spread the word about the different strains they have to offer. These AR aficionados offer a similar experience to the one a customer could expect in an actual dispensary. The professional walks them through various options, explaining their effects. All the while, a sample of the product turns in a 360-degree effect.

In Canada, marketing laws for cannabis companies are extremely limiting, despite legalization. One example of Canada’s cannabis laws is that cannabis is required to be packaged in a single, uniform color, without any other images/graphics except for the logo and health warning. This is based on Health Canada’s guidelines for cannabis packaging.

That doesn’t give companies a lot of options for differentiation. That’s an especially big blow to smaller businesses that don’t have the same budgets as their larger counterparts, many of which have even attracted big-name celebrity investors.

Fortunately, augmented reality may represent a promising workaround to Canada’s stifling laws. Cannabis companies could outfit their products with “augmented reality-enhanced packaging” that could go into much greater detail for customers who are interested in learning more.

3. AR Brings the Amazon Effect to Dispensaries

Every company with a physical storefront needs to content with the Amazon Effect, a phenomenon that describes how customers expect retailers to provide an ecommerce-like experience in-person.

They want all the information they need to make an informed decision.

They want it right at their fingertips.

And they want it without having to actually engage an employee.

So, even after you attract customers into your dispensary, they may want to be in charge of their own shopping experience.

A number of retailers have already embraced AR to sell everything from clothes to furniture to paint and more.

As cannabis remains a product that has to be sold in-person, it only makes sense that dispensaries will invest in augmented reality to not just attract their largely Millennial clientele but also keep them engaged during their visits.

4. The Cannabis Industry Still Faces Unique Challenges

Above, we touched on the major challenges facing cannabis companies in Canada, but there are obviously a number of obstacles south of their border, as well. In the United States, where cannabis use hasn’t been legalized on a federal level, there’s still some taboo surrounding the topic, even in states where using recreational marijuana is no longer a crime.

While more than 55 million Americans use cannabis, just over 40% say doing so is not socially acceptable.

That is to say, one of the driving forces behind AR-adoption in the cannabis industry is easing the anxiety that some customers may feel about visiting a dispensary and going through the formal purchasing process for the first time.

Once again, virtual budtenders to the rescue.

Furthermore, as the industry faces a number of unique challenges – challenges companies in other fields don’t have to worry about – every marketing opportunity should be taken.

Is Your Cannabis Company Ready for Augmented Reality?

As you can see, augmented reality represents a number of powerful benefits for cannabis companies. Whether it’s improving the overall experience you provide customers or simply marketing to them in the first place, AR is a force-multiplier that should not be ignored.

Of course, you may think that it’s also an advantage your company can’t afford or doesn’t currently have enough time to fully invest in and leverage.

At Next Tech AR, we’re bringing augmented reality to the cannabis industry and have already experienced success with a number of other companies.

If you’d like to learn how we can help your business grow with augmented reality,contact us today.

NEXTECH AND CANNABIS CREATIVE GROUP FORM PARTNERSHIP

November 20, 2018 – Vancouver, British Columbia – Toronto, ON – NexTech AR Solutions (the “Company” or “NexTech”) (CSE: NTAR(FSE:N29) is pleased to announce a partnership with Cannabis Creative Group, a cannabis centric website design and development, online marketing, and consulting services company with offices in Newton, MA.  NexTech and Cannabis Creative have agreed to refer clients to each other under a mutual referral agreement.

Under the agreement NexTech will offer AR business solutions for e-commerce, e-learning and live streaming events utilizing their 3D Aritize™ App which offers AR channels for brands, live on iOS and Google Play. NexTech will also offer project management, 3D asset creation as well as full production of AR scenes, content design and content management.

Some of Cannabis Creative’s recent clients include High Purity Natural Products, Tricann Alternatives, the National Cannabis Risk Management Association, Fronto King, Cambio Naturals, Revolutionary Clinics and CBDease Products.  “This is a win-win partnership where NexTech gets exposure to the growing list of clients while Cannabis Creative gets to offer  a complete end to end augmented reality program for clients” comments Sharon Shapcott VP Sales, NexTech.

“Cannabis Creative Group is excited to partner with NexTech AR Solutions.  We think that with NexTech AR technology, cannabis companies are able to create an educational and innovative experience that will set their dispensary apart from others.” Dan Serard, Business Development Executive, Cannabis Creative Group.

About NexTech AR Solutions Corp.

NexTech is bringing augmented reality to the Cannabis market by turning 2D products into exciting 3D consumer experiences. NexTech is currently developing a proprietary and disruptive Augmented Reality (AR) advertising and education platform that uniquely engages by connecting brands and retailers through a fully immersive 3D AR experience called Native AR. NexTech launched its ARitize™ app in August 2018, which is capable of hosting many brands 3D objects and augmented reality experiences. NexTech also owns a large and diverse revenue generating App Portfolio that is deployed on the iTunes and Google play store which it intends to ARitize™.

About Cannabis Creative Group

Cannabis Creative Group is a full-service digital marketing agency providing a suite of marketing solutions including branding, web design & development, SEO, packaging design, print, social and email marketing for 420-friendly companies.  Recent clients include High Purity Natural Products, Tricann Alternatives, the National Cannabis Risk Management Association, Fronto King, Cambio Naturals, Revolutionary Clinics and CBDease Products

On behalf of the Board of NexTech AR Solutions Corp.

Evan Gappelberg

CEO and Director

For further information, please contact:

 

Evan Gappelberg

Chief Executive Officer

info@nextechar.com

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

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “looking forward” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

NEXTECH TO SHOWCASE AUGMENTED REALITY AT MJBIZCON 2018

November 7, 2018 – Toronto, ON – NexTech AR Solutions Corp. (CSE: NTAR) (“NexTech” or the “Company”) is pleased to announce it is sponsoring the Golden Key 2.0 after party at MJBizCon in Las Vegas, NV on November 14th – 16th.  The Golden Key 2.0 after party is a highly exclusive gathering of founders, influencers, investors and policy makers. Guests are immersed in stimulating experiences designed to encourage bonding, networking and cultivation of long lasting partnerships. Golden Key 2.0 is the second annual presentation of the event and, like last year, the date is aligned with the timing of MJBizCon, one of the largest and most notable cannabis conference in North America. The Golden Key event is the ideal venue for NexTech to be showcasing its augmented reality (AR) capabilities and ARitize (™) application with its partners.

“NexTech is fortunate to have partnered with cannabis brands; Trellis, Liv Humbl, Vapexhale and Cova to create an augmented reality cannabis showcase where cannabis brands and company executives get to experience a virtual 3D volumetric world where they can interact and engage with holograms and AR without the need for special glasses. This will be a very memorable event for all the lucky invitees”,  comments Evan Gappelberg CEO of NexTech.

About NexTech

NexTech s bringing augmented reality and holographic teleportation to the Cannabis market and other fast-growing markets by turning 2D products into exciting 3D consumer experiences. NexTech is currently developing a proprietary and disruptive Augmented Reality (AR) advertising and education platform that uniquely engages by connecting brands and retailers through a fully immersive 3D AR experience called Native AR. NexTech launched its ARitize™ app in August 2018, which can dynamically host many brand’s 3D objects and augmented reality experiences. NexTech believes it has the first mover advantage in pursuing the Cannabis market which is the fastest growing economy in the world. NexTech AR Solutions Corp. also owns a large and diverse revenue generating App Portfolio that is deployed on the iTunes and Google play store which it intends to ARitize™.

To view Augmented Reality:

Download the ARitize™ App on iOS & Android

iPhone Download:https://apple.co/2AKybaw Android Download:http://bit.ly/2SNQmBc

On behalf of the Board of NexTech AR Solutions Corp.

“Evan Gappelberg”

CEO and Director

For further information, please contact:

Evan Gappelberg

Chief Executive Officer

 

info@nextechar.com

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

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding NexTech’s sponsorship of the Golden Key 2.0 after party and demonstrations and involvement at the event are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

NEXTECH TO BROADCAST FIRST EVER CANNABIS AUGMENTED REALITY LIVE STREAMING EVENT IN PARTNERSHIP WITH CFN MEDIA AND STRAINPRINT

AT NEW WEST SUMMIT in OAKLAND, CA on OCTOBER 11TH

October 9, 2018 – Toronto, ON – Nextech AR solutions (the “Company” or “Nextech”) in partnership with CFN Media is excited to announce the launch of its AR live streaming platform at the New West Cannabis Summit in Oakland CA October 11th-13. The New West Summit is the ideal venue for Nextech AR live streaming to be showcased as it’s the only cannabis conference to focus exclusively on game changing disruptive technology. CFN Media and Nextech signed a partnership agreement on June 12th, 2018 where Nextech will supply the augmented reality technology and CFN Media will productize, market and sell the technology to its Cannabis clients. For this first augmented reality live streaming event Stephanie Karasick the founder of Strainprint will be live streamed as a Hologram from Toronto to Oakland CA.

On October 11th at 1:30 pm EST (10:30 am PST) Nextech will be streaming live from its Toronto broadcast studio to CFN Media’s booth in the media center of the New West Summit in Oakland, CA plus onto mobile devices worldwide through the Aritize™ App. Everyone is invited to watch this live event at New West Summit from work, home or wherever you can get a wifi signal.

To view the Cannabis augmented reality live streaming event:

Download the Aritize™ App

Type in the code: CFN

iPhone Download:

https://apple.co/2AKybaw

Android Download:

https://play.google.com/store/apps/details?id=com.NexTechAR.ARitize&rdid=com.NexTechAR.ARitize

“This live streaming event is groundbreaking for the Cannabis industry as it allows for brands and company executives to imagine a future where they can interact and engage with consumers and investors in real time as a live hologram, this is the genie out of the bottle moment for the industry” comments Evan Gappelberg CEO of Nextech.

“We are extremely thrilled to pioneer new technology to help us build our community. Strainprint was built by patients for patients and we always want to ensure we’re providing engaging content for our users. This is a great opportunity” says Stephanie Karasick, founder of Strainprint

“CFN media prides itself in leveraging technologies that help form deeper connections between cannabis companies and their constituents. Nextech’s AR platform will allow us to rollout a full suite of augmented reality products, especially AR live streaming, which will enhance and add value to what we already provide our clients”, comments Frank Lane, President of CFN Media. “Our clients will be able to communicate broadly to their investors, customers and other stakeholders in a much more memorable, personal and realistic way than ever before allowing them to rise above the industry noise”.

For the past year Nextech has been developing a full suite of augmented reality product offerings which includes, AR live streaming, AR enhanced powerpoints, AR brochures, AR University for 3D learning on demand, and large format AR holographic teleportation displays all to be viewed with the company’s Aritize ™ app. CFN Media will showcase this technology for the first time to the Cannabis industry in its booth at the New West Summit in Oakland, CA on October 11-13th.

About Strainprint™

Founded in Toronto in 2016, StrainprintTM Technologies Ltd. is the leading demand-side cannabis data and analytics company. With the world’s largest longitudinal, observational data-set of its kind and a mission to advance the scientific understanding of cannabis and its legitimization as a mainstream therapy, Strainprint helps medical cannabis patients and doctors to use cannabis in the most effective and responsible way possible. StrainprintTMdata supports global cannabis research and provides advanced business intelligence and treatment guidance to producers, retailers, medical practitioners, pharmacies, government and industry. Strainprint is HIPAA, PIPEDA and PHIPA privacy compliant, military-grade encrypted and all patient data is completely anonymized and at rest in Canada. Strainprint can be seamlessly embedded or integrated with most electronic medical records (EMR) and seed2sale software systems. Strainprint Analytics is accessed by customer subscription. The Strainprint App is free to patients and can be downloaded from both the iOS App Store and GooglePlay Store. www.strainprintanalytics.com. facebook, twitter, linkedin.

About CFN Media

For Visitors and Viewers

CFN Media’s Cannabis Financial Network (CannabisFN.com) is the destination for savvy investors and business people profiting from the worldwide cannabis industry. Viewers will see breaking news, original coverage and exclusive interviews of the people, companies and investments shaping the space.

For Cannabis Businesses & Companies

CFN Media is a leading agency and digital financial media network dedicated to the cannabis industry. We help private, pre-public and public cannabis companies in the US and Canada attract capital, investors and media attention.

Our powerful media and distribution platform conveys a company’s message and value proposition directly to accredited and retail investors and national media active in the North American cannabis markets.

Since 2013, CFN Media has contributed to the capital and public markets success of the world’s preeminent cannabis companies.

About NexTech

NexTech is bringing augmented reality to the Cannabis market by turning 2D products into exciting 3D consumer experiences. NexTech is currently developing a proprietary and disruptive Augmented Reality (AR) advertising and education platform that uniquely engages by connecting brands and retailers through a fully immersive 3D AR experience called Native AR. NexTech launched its ARitize™ app in August 2018, which is capable of hosting many brands 3D objects and augmented reality experiences. NexTech also owns a large and diverse revenue generating App Portfolio that is deployed on the iTunes and Google play store which it intends to ARitize™.

On behalf of the Board of NexTech AR Solutions Corp.

“Evan Gappelberg”

CEO and Director

For further information, please contact:

Evan Gappelberg

Chief Executive Officer

info@nextechar.com

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

NEXTECH AR SOLUTIONS LAUNCHES ITS FLAGSHIP ARITIZE™ APP BRINGING AUGMENTED REALITY TO CANNABIS

On August 29th-, 2018, Nextech AR Solutions Corp. is pleased to announce the 1.1 version of its Aritize™ app is now live and available for download in the iTunes app store while the Android version is still in development. The application features a gallery of rich and exciting Augmented Reality (AR) objects which can be used in a variety of creative ways to create a new and imaginative world. The Aritize™ app is available for cannabis brands and others to white label and create AR marketing campaigns, a first for the Cannabis industry.

Download the Aritize™ app here:

ARitize™ – 3D Augmented Reality by NexTech AR Solutions
https://apple.co/2AKybaw

Use the Aritize™ app to Aritize your world! Download the app today and experience Purple Kush as a life size augmented reality bud in your living room, car or anywhere you happen to be. Place the Nextech 458 GT3 Ferrari in your driveway stand next to it snap a picture and show it off to your friends, is it real or is it augmented reality.

“The world is changing right before our eyes and augmented reality is going to be the biggest change to come along since the iPhone itself” comments Paul Duffy President of Nextech.

“The Cannabis industry is the fastest growing economy in the world growing at a CAGR of 24.9% and AR is the fastest growing technology growing at 100% per year, as we are positioned at the crossroads of both industries we believe we occupy a very valuable space” comments Evan Gappelberg, CEO of Nextech.

According to the latest IDC report, the Virtual Reality (VR)/Augmented Reality (AR) market is forecast to grow 100% year over year for the next 4 years, and according to BIS Research to reach almost $200 billion by 2025. The global legal marijuana market is expected to reach USD 146.4 billion by 2025 and is expected to grow at a CAGR of 24.9% from 2018 to 2025 according to a report by Grand View Research, Inc..

ABOUT NEXTECH AR SOLUTIONS

Nextech AR Solutions is bringing augmented reality to the Cannabis market by turning 2D products into exciting 3D consumer experiences. Nextech is currently developing a proprietary and disruptive Augmented Reality (AR) advertising and education platform that uniquely engages by connecting brands and retailers through a fully immersive 3D AR experience called Native AR. Nextech is launching its ARitize™ app in August 2018, which will host many brands 3D objects and augmented reality experiences. Nextech believes it has the first mover advantage in pursuing the Cannabis market which is the fastest growing economy in the world. NexTech AR Solutions Corp. also owns a large and diverse revenue generating App Portfolio that is deployed on the iTunes and Google plays store which it intends to ARitize™.

NEXTECH AR SOLUTIONS SIGNS DEAL WITH ARHT MEDIA TO BRING HOLOGRAPHIC DISPLAY TECHNOLOGY TO CANNABIS MARKET

TORONTO, CANADA – July, 2018
Nextech AR Solutions is excited to announce that it signed a worldwide exclusive license agreement with ARHT Media Inc. (“ARHT” or “the Company”) (TSXV:ART), (OTCBB: ARHTF) to bring its patented holographic display technology to the cannabis industry. For the next five years NexTech agrees to purchase a minimum of 12 holographic display units per year, and ARHT Media will earn ongoing royalties on commercial uses of each display. According to Arcview the North American Cannabis market is estimated to grow from $9.2 billion in 2017 to $47 billion by 2027. With over 5,000 marijuana dispensaries open in the U.S and growing Nextech believes that this holographic technology is both needed and ready be launched into the cannabis market.

ARHT CEO Larry O’Reilly comments “while we are making great inroads into the traditional retail, education, events and entertainment markets, we see the cannabis market as another big opportunity for our technology and are excited to work with Nextech to make this happen. The sector is exploding in growth and our holographic displays and telepresence technology are a natural fit to take cannabis retailing to a whole new level. We have the potential to be in hundreds of locations in North America over the next few years.

Reuben Tozman Chief Product Officer of Nextech explains “Imagine walking into your local dispensary and being able to see a 3D 8-foot image of a cannabis bud spinning around with a 360-degree view of every trichrome, every fiery orange hair, the sugary crystals, chunky knobs enveloped by tiny leaves, without any special glasses. Tozman continues “With this proven holographic technology, we now can put 3D screens (with no glasses) into the cannabis market allowing cannabis brands to advertise as well as stream live events directly to its consumer bringing them closer to their favorite brand.

ABOUT NEXTECH AR SOLUTIONS
Nextech AR Solutions is bringing augmented reality to the Cannabis market by turning 2D products into exciting 3D consumer experiences. Nextech is currently developing a proprietary and disruptive Augmented Reality (AR) advertising and education platform that uniquely engages by connecting brands and retailers through a fully immersive 3D AR experience called Native AR. Nextech is launching its ARitize™ app in August 2018, which will host many brands 3D objects and augmented reality experiences. Nextech believes it has the first mover advantage in pursuing the Cannabis market which is the fastest growing economy in the world. NexTech AR Solutions Corp. also owns a large and diverse revenue generating App Portfolio that is deployed on the iTunes and Google plays store which it intends to ARitize™.