The Dispensing Solution

Medbox Lockbox

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PINK:MDBX

Medbox Inc (MDBX)

Last value
7.02 on Dec 19, 12:50PM EST
Change
-0.83
52 week
4.25 - 93.50
Volume
64,738.00
Average volume
75,132.00

Latest Medbox News

 

Welcome to Medbox! Our Company features patented systems that dispense medication based on biometric identification (fingerprint sample). Our newly designed systems allow pharmacies, assisted living facilities, prisons, hospitals, doctors’ offices, and alternative medicine clinics to help manage employee possession of sensitive drugs. In a retail environment typical in most alternative medicine clinics, the system also allows these clinics to document that the user is a registered patient and that the patient has a valid and unexpired authorization from a physician to possess and use the medicine dispensed. Each transaction is tracked internally for accounting and compliance purposes. Patient information is all kept securely onsite and is not online as the software is completely self-supportive and does not require an internet connection. In alternative medicine clinics, the machine sits behind the counter, is not accessible by the consumer, and is at the control of the clinic employee as an inventory management and compliance tool.

Alternatively, the MDS machines are used in assisted living facilities, prisons, and urgent care centers directly by nurses and authorized staff. Once at the machine, authorized personnel gain access by simply swiping their registration card, verifying their fingerprint, and choosing the medicine they need. Medicines are dispensed in a variety of doses in a temperature controlled environment as the MDS machine has ample room for various sizes of medicine vials as well as slight refrigeration when needed. All medicines are dispensed in standard pharmaceutical vials or customized packaging, as needed, through the MDS machine.

Medbox, through its subsidiaries, offers turn-key consulting services to the pharmaceutical industry. The Company also provides consulting services to individuals and groups seeking to establish new clinics and facilities, often in jurisdictions that have recently passed legislation concerning the availability of alternative medicines as well as existing jurisdictions, nationwide.

Medbox also engages in the following ancillary services catered to the alternative medicine industry: merchant services and armored transport for cash deposits, cannabidiol R&D, real estate acquisitions and subsequent lease programs to alternative medicine dispensaries, and also alternative medicine dispensary management services.

We have been awarded United States & Canadian Patents concerning the software and hardware related to our medicine dispensing machine. Our company’s founder has appeared in interviews with CNN, ABCNews, Reuters, Associated Press, NPR, and has been featured in articles appearing in Newsweek, Los Angeles Times, and the Wall Street Journal, as well as over 30 other news agencies around the world concerning our cutting-edge products and services.

Our products ensure:

  • Inventory control which translates to lower overhead for operators,
  • Temperature controlled storage of medicine,
  • Fraud prevention as every transaction is documented,
  • Guaranteed compliance to state and local laws,
  • Unparalleled accounting and tracking which translates to proper taxation reporting.

 

Our Company does not engage in the production, sale, or marketing of any products dispensed through our machines.

Testimonials from our clients and shareholders:

Often times in business, there are situations that arise that require a great deal of effort to resolve. A business can either be part of the problem or put forth the effort, creativity and resources to solve difficult situations. This past year I was faced with one of those difficult problems. I contacted my Medbox rep who put me directly in contact with senior level management who were able to quickly resolve my problem and get an agreement signed and on my desk within 24-hours. Medbox makes sure they are part of the solution, not the problem.

Kent N. – California
Client

We are extremely pleased with our investment in Medbox. Vincent has been extremely reachable at all times with any questions that we have had. He has always responded to all emails within the hour, I’m not sure how but that is one of the beauties of modern technology :-). We are so pleased with the progression of medbox and are looking forward too many successful years with the company!

D. Hope – Diamond Club Capital LLC – Florida
Shareholder

Tacky as it may sound, they had me at “Hello”. When the good folks of AZ campaigned for MM, I was on board, and when it passed, I was both shocked & elated. I knew I wanted to be a part of it. But how? So, I reached out to Medbox. The staff was (and still is) professional, candid, and accessible. They treat people with respect & exhibit great patience, more than me, in dealing with doubters and haters. Many of my friends and colleagues were afraid to get involved in the industry. Medbox made me feel comfortable and confident about investing, and I did. They made no false promises nor guarantees of riches; they told it straight.

Well, several years later, my investment has paid off, and it may turn out to be life-changing for my family. The most important thing to me about Medbox is that the principals have remained open, candid, non-defensive and accessible. To this day, they respond to my phone calls or emails, which is truly amazing, given their success and their schedules. Medbox is their professional life, and they show unwavering dedication. In addition, their generosity is something I not only did not expect, but I’ve never seen anything like it before, i.e., they give back to the shareholders, and they give back to the community.

Both company heads, Vince & Dr. Bruce, have been great to me. They have worked tirelessly to grow the company and its value. Their actions show that they care about their customers and their shareholders. I give them and their company an unqualified endorsement!

Randy H. – Arizona
Client & Shareholder

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