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.