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Medbox Upgrades Its Medical Dispensing Safes For North American Recreational-Medical Marijuana Facilities Market

Area Development Online News Desk (01/20/2014)
Medbox, Inc., a Los Angeles, California, firm that provides industry specific consulting services and patented safe storage systems to medical and retail industries, upgraded its products which can be used at recreational and medical marijuana facilities throughout the US and Canada.

The firm develops, sells and services automated, biometrically controlled dispensing and storage systems for medicine and merchandise to pharmacies, dispensaries, urgent care centers, drug rehab clinics, hospitals, prison systems, hospice facilities, and medical groups worldwide. Company executives said they have made many improvements to their Medbox machines, “which shall soon be marketed as a ‘safe’ that dispenses medicine.”

"In preparing our equipment for the Canadian medical marijuana program, which require a UL rated 'safe' to secure the medicine at all times, we decided to improve our systems with electronic and biometric locks, which would aid in the safety and security of the marijuana products," stated Vincent Mehdizadeh, Chief Operating Officer of Medbox, Inc. "The team at AVT, Inc., also a public company, has been instrumental in helping develop modifications and improvements to our existing platform that they helped us create based on the biometric dispensing machine patent I was issued in 2010."

The company said it also boosted its overall inventory by ordering 2 containers of machines from AVT, which will be outfitted with the proprietary technology that makes the Medbox so unique.

"We have well over 200 machine orders that have been placed by our clients. These orders are contingent on licensing approvals in the markets of Massachusetts, Washington, Colorado, Oregon, Nevada, and Illinois over the course of the next 12 months," Mehdizadeh stated. "Accordingly, we need to make sure a ready supply of machines is available for immediate delivery when the time comes."

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