Metasphere Labs Enters a Definitive Agreement with ARCannabis to Develop VR Virtual Store

Published: June 25, 2024

Metasphere Labs Enters a Definitive Agreement with ARCannabis to Develop VR Virtual Store

Metasphere Labs Inc. announced the signing of a definitive Software Development Agreement dated June 21, 2024 (the “Agreement”) with ARCannabis BC Ltd., a prominent cannabis retailer based in British Columbia. This partnership aims to enhance the online cannabis shopping experience with the use of advanced virtual reality (VR) technology.

Pursuant to the Agreement, Metasphere Labs will design, develop, and deliver a state-of-the-art VR virtual store for AR Cannabis, leveraging either ThreeJS or Unreal Engine to create an immersive 3D user interface. The virtual store will be accessible on Google Chrome, Safari, and Microsoft Edge browsers, providing a seamless and engaging shopping experience for customers.

The new VR virtual store will integrate with ARCannabis’ existing backend shopping cart system, powered by the Cova software service platform, ensuring a smooth transition and enhanced functionality. Customers will enjoy the same features as the current online store, with the added benefit of a fully immersive virtual shopping environment. Additionally, the store is being designed to be embeddable in open metaverse environments and gaming platforms like Fortnite, subject to their terms of service, broadening its accessibility and appeal.

“We are thrilled to partner with ARCannabis to bring their vision of a VR virtual store to life,” said Natasha Ingram, CEO of Metasphere Labs. “Our expertise in developing immersive metaverse environments aligns perfectly with AR Cannabis’ innovative approach to retail. This collaboration will set a new standard for the online shopping experience in the cannabis industry.”

The development of the VR virtual store is set to be completed by September 1, 2024, followed by a 30-day testing period to ensure it meets all agreed specifications and functionalities. The project is valued at $8,000, reflecting Metasphere Labs’ commitment to delivering high-quality, innovative solutions within a competitive budget.

“We are excited to work with Metasphere Labs to enhance our customers’ shopping experience,” said Joe Le, Co-Founder of ARCannabis. “This VR virtual store will not only showcase our products in a unique and engaging way but also reinforce our commitment to leveraging technology to improve customer satisfaction.”

This Agreement further solidifies Metasphere Labs’ position as a leader in the development of immersive and interactive virtual environments. The Company’s dedication to innovation and excellence continues to drive its success in the rapidly evolving Web3 and metaverse industries. For more information about ARCannabis and their products, please visit https://arcannabis.ca/about-us/

About Metasphere Labs
Based in Vancouver, British Columbia, Metasphere Labs develops solutions for the metaverse, DAOs, gamification, and Web3, addressing social challenges related to climate change and aiming for a positive planetary impact. For more information, contact Natasha Ingram, CEO, at info@metasphere.earth.

About ARCannabis
ARCannabis is a Vancouver legal cannabis store chain, providing British Columbians with the highest quality recreational cannabis on the market.