NexTech Brings AR to Healthcare & Cannabis Industries


Ryan Allway

March 14th, 2019

Exclusive, News, Top News


There’s no doubt that augmented reality (AR) is gaining traction among consumers. For example, many experts attribute Snap Inc.’s (NYSE: SNAP) success to its unique augmented reality capabilities. Many ecommerce businesses have also found that augmented reality can dramatically improve conversion rates and reduce returns by enabling consumers to “try before they buy” clothing, furniture, and other items.

NexTech AR Solutions (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) has developed a next generation augmented reality (AR) platform that makes these capabilities easier than ever for businesses of all sizes rather than just the giants. With nothing more than a code snippet, these organization can access state-of-the-art AR functionality for an affordable monthly price—a compelling value proposition for many businesses.

Partnership with Premier Health

NexTech AR Solutions recently announced that it’s working with Premier Health (CSE: PHGI) (OTCQB: PHGRF) (FFT: 6PH) by exploring the integration of its AR technology into the Premier Health App, which has the potential to reach nearly three million patients. In particular, the two companies are focused on developing educational tools for healthcare professionals and patients, including third parties.

“We are excited to work with the team at Premier Health to explore creating a custom AR and AI solution to address the healthcare market which represents another multi-billion dollar vertical ripe for disruption,” said Evan Gappelberg, CEO of NexTech, in a recent press release. “AR allows medical knowledge, skills and expertise to be shared remotely in the moment, ensuring they get where they are needed most.”

The companies hope to leverage AR to develop tools to help train healthcare professionals with highly-engaging and immersive educational experiences, which improves retention and better conveys complex concepts. In addition, the companies will develop AR tools to help patients take a more proactive role in their own care by assisting with self-diagnosis, medical device usage, and medical usage.

Next Generation AR Dispensaries

NexTech AR Solutions further announced the launch of its innovative AR platform for the legal cannabis industry—AR Dispensary. AR Dispensary leverages immersive AR technology and rich 3D 360-degree photography to provide an ecommerce experience that’s unmatched in the cannabis industry. The white label solution integrates into a dispensary’s website with a small code snippet, enabling consumers to preview their full line of products.

“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.”

The inclusion of AR technology represents a more scalable way to educate customers compared to traditional budtenders—especially in an industry where many first-time buyers don’t know where to start. Before even entering the dispensary, consumers can use the AR powered website to have a much clearer vision of what they need, enabling them to make instant purchase decisions without the need for costly manual support.

Looking Ahead

NexTech AR Solutions (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) continues to expand into new industries. After its initial launch in the cannabis industry, the company moved on to launch ecommerce and fashion products before targeting the healthcare industry with its most recent announcements. The company also continues to innovate in each of these markets, as evidenced by the launch of its AR Dispensary product.

For more information, visit the company’s website at www.nextechar.com.

Disclaimer

The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


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