MedBox, Inc. (MDBX)

MedBoxLogoMedBox, Inc. develops, manufactures, and sells automated, biometrically-controlled storage and dispensing systems for medicine and merchandise, and provides consulting services related to the pharmaceutical industry. The company has been featured in articles of more than 30 news agencies worldwide for their cutting-edge products and services. The California-based MedBox, Inc. features patented systems hardware and software for medicine dispensing systems based on biometric identification or through fingerprint samples.

A company affiliate of the MedBox, Inc. has been granted U.S. Patent and Trademark Office for its innovative medicine dispensing systems that allow hospitals, pharmacies, medical clinics, alternative medicine clinics, and assisted living facilities to manage employee possession of various sizes of sensitive pharmaceutical products. The dispensing machines ensure that patient data is secure and kept on-site via computer-based application. MedBox also has exclusive rights to four other pending patents.

Through the company’s subsidiaries, MedBox provides turn-key consulting services to the pharmaceutical industry, as wells as to groups and individuals seeking to establish new facilities and clinics, mostly in jurisdictions with recently passed legislation and existing jurisdictions concerning the alternative medicines’ availability.

Medbox, Inc. is also engaged in ancillary services to the alternative medicine industry, such as providing merchant services and armored car transport for cash deposits, cannabidoil R&D, acquisition of real estate and lease programs, and management services to alternative medicine dispensaries.

MedBox, Inc. is a company publicly traded in the OTC market under the stock symbol MDBX. Since the company started operating their business in 2010, their wholly owned subsidiary, Medicine Dispensing Systems, has grossed $13 million. MedBox was later allowed to acquire and establish a public company presence. The company is based in West Hollywood, CA, and has offices in New York, Los Angeles, Florida, Arizona, Tokyo, Toronto, and London. The company firmly believes that all great industries thrive when regulated and automated.

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