Latest Medbox Inc. Stories
HOLLYWOOD, Calif., May 22, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing consulting services and patented systems to the medical and retail industries, announced today that they have posted their 1(st) Quarter 2013 financials. Highlights include: Revenues increased 20% from same period last year, from $1.455 million to a record $1.749 million EBITDA was a healthy 25% of revenue for the quarter at $448.6k Assets surged 176% from...
"We have exactly what the states want" HOLLYWOOD, Calif., May 17, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing consulting services and patented systems to the medical and retail industries, announced today that their CEO, Dr. Bruce Bedrick, was interviewed on Bloomberg Television's Street Smart. "Marijuana's market potential is massive," Adam Johnson, host of Street Smart stated. "The market for legalized pot could triple by...
HOLLYWOOD, Calif., May 14, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing industry-specific consulting services and patented systems to medical and retail businesses worldwide, commented on the federal tolerance of state regulated marijuana distribution programs. The company's business strategy is specifically not to "touch" marijuana, but to provide the essential infrastructure to allow state departments of health (and similar state...
"The market is potentially huge... rising to $5 billion by 2018" HOLLYWOOD, Calif., May 10, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing consulting services and patented systems to the medical and retail industries, announced today that their company has been featured in an article in Bloomberg Businessweek. The report profiled the company, the management team, and the company's core product. "The devices sit behind sales counters...
HOLLYWOOD, Calif., May 6, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing consulting services and patented systems to the medical and retail industries, announced today that their MedVend automated medication dispensing systems are now in use in medical facilities in the State of Michigan. The MedVend machine is convenient for patients because there is no need to go to a drug store to pick up medicine. After prescribing the medicine,...
HOLLYWOOD, Calif., April 24, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing industry specific consulting services and patented systems to the medical and retail industries, announced that yesterday (April 23, 2013), was the single largest trading day for their stock in the company's history with over 66,000 shares traded. The heavy volume comes when marijuana is dominating headlines across the nation, with an increasing number of...
HOLLYWOOD, Calif., April 15, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing industry specific consulting services and patented systems to various medical and retail related industries worldwide, seeks to be the standard bearer of corporate governance and transparency in the mushrooming legal marijuana industry and has issued a progress report to its shareholders concerning the status of past, present, and future projects. Company CEO,...
HOLLYWOOD, Calif., April 10, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), announced it has filed its Form 10 to become a fully reporting public company with the Securities and Exchange Commission. One of the many highlights of the filing is a licensing agreement that illustrates the devotion the company's patent holding affiliate, PVM International, Inc., has towards the company's shareholders. The agreement calls for exclusive rights to the issued...
Medbox positioned to capitalize on this exploding market HOLLYWOOD, Calif., April 8, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing consulting services and systems to medical and retail industries worldwide, commented on the new research regarding American's views on legalizing marijuana. According to the Pew Research Center, for the first time in more than four decades of polling on the issue, a majority of Americans favor...
HOLLYWOOD, Calif., April 4, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing industry-specific consulting services and patented systems to medical and retail businesses worldwide, announced that the Massachusetts Department of Public Health has published its medical marijuana dispensary program rules. In a statement to the press last Friday, Dr. Bruce Bedrick, CEO of Medbox stated the following: "The Massachusetts Department of Public...
