Source: MedBox Press Release March 19, 2014
Newly appointed director Mitch Lowe joins CEO Bruce Bedrick to discuss Medbox and legalized marijuana businesses
LOS ANGELES, March 19, 2014 /PRNewswire/ – Medbox, Inc. (OTC Markets: MDBX) (www.medbox.com), a leader in providing consulting services and patented medicine storage and dispensing systems to the medical and retail industries, today announced that Dr. Bruce Bedrick, chief executive officer of Medbox, and Mitch Lowe, co-founder of Netflix, former Redbox president and a new, independent member of the Medbox Board of Directors, will appear today on Opening Bell with Maria Bartiromo on Fox Business at approximately 10:45 a.m. ET.
Dr. Bedrick has been invited to appear to discuss Medbox and its “Secure Safe” dispensing and storage systems, along with the legalized business of marijuana and innovation. Medbox is the industry leader in the legal marijuana industry. The Company has consulted with more than 400 clients since 2010 and helped them identify zoned locations, secure licenses, turn-key build-out of storefronts and outfitting the dispensaries with the company’s patented dispensing technology, educate patients and operators on how to conduct business in a safe, secure, and legally compliant way.
“Increasingly, the scientific and medical communities are helping state legislators and federal administrators recognize the proven and potential benefits of marijuana, and this is driving legalization across the country,” commented Dr. Bedrick. “Already, 20 states and the District of Columbia have some form of legalization. Two states, Washington and Colorado, have legalized recreational use. We expect this trend will continue, helping millions of patients access medicine that will help their conditions and improve the quality of their lives, and Medbox is committed to providing services and technology to facilitate this important, compassionate trend. I am excited to discuss the next boom industry with Ms. Bartiromo this morning.”
About Medbox, Inc:
Medbox is a leader in the development, sales and service of automated, biometrically controlled dispensing and storage systems for medicine and merchandise. Headquartered in Los Angeles, Calif., Medbox, through its wholly owned subsidiary, Medicine Dispensing Systems, offers their patented systems, software and consulting services to pharmacies, medical dispensaries and local governments in the U.S.. In addition, through its wholly owned subsidiary, Vaporfection International, Inc. (www.vaporfection.com), the company offers an industry award winning medical vaporizer product.
Medbox, Inc. is a publicly traded company, and is quoted on the OTC Markets, ticker symbol MDBX.
Forward-Looking Statements: The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
For more information on Medbox, please contact the Medbox Investor Relations Department at (800) 762-1452 or go online to http://www.medbox.com.
SOURCE Medbox, Inc.
Source: PR Newswire (March 19, 2014 – 9:00 AM EDT)