One secretive virtual reality (VR) company will soon revolutionize how marijuana dispensaries operate.
The startup is currently developing an augmented reality (AR) headset that would allow medical marijuana patients to "touch" a marijuana bud without ever having to leave their couch.
Already, cannabis sales in North America are expected to increase 198%, from $6.7 billion in 2016, to over $20 billion by 2020.
And if these headsets make ordering marijuana easier, which would in turn increase sales, this technology will be another boon for marijuana dispensary stocks.
As members of our free Profit Alerts service know, tech and marijuana are two industries we watch closely for long-term profits.
And as we speak, Money Morning Director of Technology & Venture Capital Research Michael A. Robinson has uncovered a profit opportunity that benefits from the burgeoning marijuana sector and the tech sector at the same time.
But before we get into more details, we want to make sure our readers knew everything there was to know about this new, secretive AR startup.
You see, this company isn't being mentioned by the mainstream media. It might be months or even years before they start coverage.
Fortunately, we're going to give you the scoop right now...
For Marijuana Dispensaries, This Secretive VR Company Could Revolutionize the Sales Process
According to UploadVR, Weed VR launched its website on April 20, 2017. Little is known about this secretive startup.
It has three paragraphs of text and a short video that shows how cannabis shopping in VR would work. A user with a headset could "pick up" a piece of cannabis, and a screen of information would appear next to the marijuana bud.
That information would include the characteristics of the pot, such as taste, effects, what it can be used for, as well as the THC and CBD levels.
After finding a strain, a customer could then reportedly pay for the cannabis within the VR platform and wait for it to be delivered.
And being able to buy cannabis through VR tech will be extremely beneficial for medical marijuana patients with debilitating diseases like cancer, Crohn's disease, and HIV/Aids.
You see, these conditions limit a patient's ability to visit a dispensary in person.
TRENDING: New Legislation Could Turn Tiny Pot Stocks into Millions. Click Here...
And by visiting a dispensary, a patient is able to receive a real-time recommendation on what type of marijuana would help elevate their systems. These real-time recommendations, which would now be possible within the VR app, are so important because different strains of marijuana work better for different diseases.
For example, marijuana strains containing THC and CBD tend to be the most effective at relieving pain, according to Leafly.com. The marijuana review site recommends strain Blackberry Kush, ACDC, and Harlequin for patients fighting pain.
Appetite loss can be countered with hunger-enhancing strains like Bubba Kush, Skywalker OG, and Granddaddy Purple. For treating nausea, the site recommends Northern Lights, Blueberry Diesel, and Super Lemon Haze.
New Nevada Marijuana Laws Will Turn State into a Cannabis Destination
And there's even recommendations on treating fatigue with cannabis.
Even if a patient can't make it to a dispensary in person, they will still have accurate information on what to order through Weed VR.
And as soon as I found out about Weed VR, I gave Robinson a call to see what he thought of this huge development.
What the Future Holds for Marijuana and Augmented Reality
JD: Michael, as Money Morning Members know, you're an expert in the technology sector and cannabis industry. By combining the marijuana market and augmented reality sectors, this Weed VR company seems unstoppable...
MAR: This is certainly a great example of how quickly both cannabis and VR are growing. With the new VR app, the company can literally serve a national customer base that can do all their research right from their living room and get a very real sense of what type of strain they are looking at and literally how it differs from others on the list of potential buys. At this point, it looks to be further along than, say, trying on clothes in a VR environment.
JD: I can imagine that every dispensary will want to get their hands on this technology.
MAR: Well, it won't be just dispensaries, retail will come on strong in states like California, where recreational use will be rolling out next year. Doctors, biotech researchers, and more also could make use of this tech platform, and I believe we'll see it getting tweaked for just that in the next few years. Remember, we've had 20 years of medical use in California, and this has helped spawn changes in platforms such as vaporizers. Edibles are on pace to capture 10% of the market.
JD: Marijuana is still considered a fringe business. And because selling it legally is so new, cannabis companies are constantly innovating. From virtual reality to marijuana delivery services using drones, will cannabis companies provide more widespread adoption for everyday people of VR and AR technology?
MAR: I do see VR and AR getting used in cannabis as well as just about every sector of the economy. The difference here is the installed cannabis customer base can become early adopters. Having said that, it's more proof of concept and market potential at this point. I don't see this causing a massive increase in the number of headsets sold, but one more reason for folks to try VR beyond gaming and AR beyond the corporate market.
We will let Money Morning readers know as we receive any new updates on this company.
Until then, we wanted to make sure our readers had all the details on the two profit opportunities Robinson is watching right now that he'll only share with our readers.
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Who Is Pot Stock Expert & Tech Guru Michael A. Robinson?
Michael is one of our most prominent and respected investing "gurus" here at Money Map Press - and for good reason. He is one of the top financial analysts working today. Make no mistake: Michael's ideas are completely his own. He's a true original. He works solely for Money Map Press... and receives absolutely no compensation from companies he writes about.
His book, "Overdrawn: The Bailout of American Savings," was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style.
Michael's 30-year track record as a leading tech analyst has garnered him rave reviews, too.
As editor of the financial newsletter American Wealth Underground, Michael amassed an amazing track record using rigorous investing. The first analyst to uncover the rare earth mineral crisis, he amassed cumulative gains of 990% for his readers in just 16 months.
His research is world class, too. The Oakland Tribune, Detroit News, The San Francisco Examiner, The Kansas City Times, Wealth Magazine, and American Banker all publish his reporting. He has appeared on Larry King's syndicated radio show.
Robinson has an honors economics degree from the University of Missouri at Columbia with a minor in journalism.
He's also been a board member of one Silicon Valley venture capital firm and an advisor for two more...
Robinson has been fortunate to get in on the ground floor of the biggest technological breakthroughs in recent history.
He's worked alongside Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, as they led the robotics revolution that saved the U.S. automotive industry.
He was one of five people involved in the early meetings for the $160 billion "cloud computing" phenomenon.
And as cybersecurity was becoming a focus for the national intelligence community, Robinson was with Dave DeWalt, the CEO of McAfee Inc. right before Intel acquired his company for $7.8 billion.
In the marijuana industry, Robinson is watching an earth-shattering government announcement that could completely change the legalization of marijuana - forever. In fact, thanks to this historic legislation, tiny pot stocks trading for under $5 are getting set to double, triple, or quadruple. In an exclusive interview with Money Morning, Robinson shares all the good news - including details on five tiny weed stocks that could potentially turn a small stake into $100,000. Click here to continue.
In the tech sector, Robinson has found a patent pipeline that could make you rich...
He didn't spend his career on Wall Street or at an investment bank. Instead, he preferred to be in the center of the action, not watching it from a distance. For over three decades he's been in the heart of Silicon Valley working alongside some of the biggest tech innovators.
And thanks to the world's smallest medical implant, Robinson has found the most disruptive and lucrative innovation he's seen in his 34-year career.
Today, this device is responsible for creating $11.1 billion in revenue.
But this is just a drop in the bucket compared to what's coming.
Silicon Valley insiders now estimate that revenue from this device is about to surge 63,000%, creating $7 trillion in new wealth.
Already, top experts inside the medical profession are making eye-opening predictions thanks to technology like this.
One of the most renowned doctors in his field believes...
"The end of illness is closer than you might think."
In a few moments you will find yourself agreeing with him...
You see, this isn't a "buy and hold" opportunity. Robinson recommends getting in and getting out with profits, then moving on to the next big windfall. Members of Robinson's Radical Technology Profits newsletter have had the opportunity to collect 43 double- and triple-digit winners in the past 17 months alone.
However, Robinson is only making the details on this opportunity available to a few folks who can see the true size and scope of this opportunity.
His analysis is available to the first 250 people who want to take their future into their own hands today.