The Dispensing Solution

Medbox Lockbox

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PINK:MDBX

Medbox Inc (MDBX)

Last value
14.25 on Jul 31, 3:57PM EDT
Change
-0.05
52 week
8.11 - 93.50
Volume
15,250.00
Average volume
51,893.00

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:

We would like to thank you and your Team for all the help and support you provided. You helped us start and operate our first dispensary, if it wasn’t for Medbox we would not be where we are today. We are looking forward to opening many more locations with Medbox in 2014.

Thank You,
R. Doktorovich — Los Angeles & San Diego
Client

Medbox helped me secure a license in a very desirable location in metro Arizona. Unfortunately, my partner and I ran into some major impediments that almost cost us the opportunity to build our dispensary before the state imposed deadline. If we had not built our dispensary in time, we would have lost the license we worked so hard to secure. Vincent found out about the situation and personally handled our build-out on credit until we were able to pay the company back. The company also filed a lawsuit for its clients and forced Arizona Department of Health Services to extend their deadlines an extra year. I owe my new business to Vincent, Dr. Bruce, and the gang at Medbox.

J. Chacon – Kind Meds – Arizona
Client

I’m an automobile mechanic by trade. I contacted Medbox to help me find new opportunities in the booming medical marijuana industry. Vincent and his staff where attentive to all my needs and quickly saw to it that I was up and running with all the necessary training and industry insight they bring to the table with their consulting and top-notch dispensing machines. Looking back, I can’t see operating without the Medbox equipment as it controls odors, keeps medicine fresh, and documents every transaction while keeping tabs on the dispensary’s inventory. Thanks to Medbox for the support!

P. Garcia – Pacoima, Ca
Client

read all testimonials