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Endexx Enters Into Definitive Agreement to Acquire Dispense Labs, LLC

Endexx's M3Hub and Dispense Labs' Autospense to Enhance Medical Marijuana Management Platform



Welcome to The Dispensary Group

The Dispensary Group is committed to help identify solutions for enhancing the legitimacy and accountability within the professional practice of dispensing medical marijuana.
 
Founded in 2009, The Dispensary Group aims to bridge the gap by identifying and creating technological solutions that sets a new standard in “best” business practices for the medical marijuana industry while supporting the interest of all parties involved including store owners, patients, politicians, law enforcement and the community. The Dispensary Group is the parent company to Dispense Labs LLC. Dispense Labs LLC is the innovator of Autospense.com, a fully automated dispensing system that effectively mitigates a variety of problems and concerns associated with the medical marijuana industry.

 

Dispense Labs
 
The Dispensary Group’s technology company, Dispense Labs LLC., has spent several years investing in the research, design and development of Autospense, a one-of-a-kind technologically sophisticated smart system that allows for the automated dispensing of medical marijuana along with precise inventory control utilizing predictive analytic algorithm and tracking software.

Autospense.com is a uniquely designed, high-tech automated dispensing system that exceeds industry standards. The software used is specifically designed to properly control transactions and manage inventory. This will significantly improve profitability, accountability, security and customer satisfaction.


 


AutoSpense (Click Image To View Video Presentation)


 
Autospense presents the most technologically advanced system to date that meets the needs of the medical marijuana industry and patients. Incorporating sophisticated software along with advanced safety and security measures, this innovative machine is specifically designed and manufactured to dispense medical marijuana while also managing the supply chain, providing up to the minute accounting details and protecting the security of the product as well as the patient accessing the system.
Key Benefits
  • Enables patients to obtain medical marijuana in an orderly, business-like fashion.
  • Provides a safe, legally compliant and professional access to medical marijuana.
  • Allows store owners and staff to properly manage inventory and distribution.
  • Mitigates concerns and problems that have risen from community groups, political figures and law enforcement agencies.
  • Legitimizes and introduces a higher standard of business efficiency to a market that is commonly known for being chaotic, poorly managed and counter culture.
  • Ensures quality of medical marijuana inventory, which is tested by SC Laboratories, www.sclabs.com.
  • Enhances security, accountability, supply chain management and profitability for store owners.
 

Step 1

After providing the proper documentation, the patient will be issued a pre-approved registration/membership card and have the opportunity to register in an optional finger print scanner system, which enables around-the-clock access to the Autospense machine. The member is granted access and walks into a well secured and camera monitored showroom.





Step 2
 
Upon being granted access into the showroom, the member is able to examine and select from the large assortment of medicinal varieties and accessories. Once the member has selected their appropriate medication they are directed to a vending cage where they can complete the donation process.





Step 3
 
Once inside the secured vending cage the member swipes his/her registration/membership card into the Autospense machine and is prompted on the kiosk to verify their identity by placing the right thump on the fingerprint reader (the fingerprint is optional however if you want to access the Autospense machine after hours you must elect this option) then the member will prompted to enter their unique pin which they selected when registering.

Once verified they will be able to view the menu on the kiosk display. From the menu, the member selects their medicinal variety and quantity. The member will then select method of donation (cash, credit or debit) directly through the Autospense. Once the donation is validated, the corresponding Autospense door opens and the member removes their selected medicinal variety.





Machine Specs:
  • Designed specifically for dispensing Medical Marijuana and MMJ products
  • 780 bins – hold up to 780 unique items including glassware, waxes and other items
    (Compared to *Medbox which is limited to 50 different items)
  • 24/7 patient access with swipe card and fingerprint authentication
  • User friendly interface providing rapid access to each item by Category (meds, oils, glass, etc.) Family (strain) and Type (size or weight)
  • Promote specials or sales on the splash screen
  • Lab results for each item are listed in the description
  • Integrated POS software to manage all inventory in the dispensary
  • Accepts cash, credit or debit cards


*DISCLAIMER: Dispense Labs, LLC is in NO WAY associated, sponsored or affiliated with Medbox. All trademarks and registered trademarks are of their respective companies.


MMJ Inventory Software

Complete Point of Purchase, Counter and Machine Inventory Management Software:
  • Purchase inventory
  • Move inventory from Safe to Bud-Tender at beginning of shift and back at end of shift
  • Check inventory at end of shift
  • Move inventory from Safe to Vending Machine and back


POS Features:
  • Enter weights in grams
  • Calculates price for each item and total for all items
  • Calculates change and pops cash drawer
  • Credit card processing module available
Vending Machine Functionality:
  • Real time inventory tracking for all inventory in the system
  • Real time donation data sorted by patient, time, product or other parameters
  • Customized for each state
  • Alerts when inventory falls below pre-set parameters
  • Refill function identifies inventory needed to refill machine and automatically creates a tag and inventory checklist
  • Enter tag number and machine automatically asks for each item in turn until restock is complete
  • Restock in just minutes




Marijuana Vending Machines, Stoner Fantasy, May Become Industry Norm

Posted:

Marijuana, already legal in two states and on the verge of legitimacy in others, may become a product that can easily be purchased via vending machine.

A Phoenix-based company behind the pot machines, Endexx Corp., envisions a transaction unfolding like this: A woman in Colorado, where recreational pot is legal, uses an app on her iPhone to purchase an ounce of weed, then goes to pick it up at her favorite retail outlet. There, she encounters the vending machine and uses its touch screen to complete her order, adding a book of rolling papers and a cigarette lighter.

“The way we see it, when you walk into a shop, you don’t need the expert or aficionado to help with selection,” Todd Davis, chief executive officer of Endexx, told The Huffington Post. “The people who are using this in the recreational space -- they know what they want, and they don’t want to hear the whole spiel every time.”

Davis's company recently bought two smaller firms that provide vending machines to medical marijuana outlets. One, Dispense Labs, produces a card-reading gadget used by the staff at pot clubs to dole out measured portions of cannabis, streamlining the buying process. (The machine is pictured below.) The other acquisition, CannCan, engineered a modified soda machine that dispenses plastic cans full of marijuana.

Davis said he hopes to turn those technologies into what, for the time being, still sounds like a hardcore stoner fantasy: a marijuana vending machine.

With retail sale of marijuana expected in Colorado by January 2014 –- and shortly thereafter in the state of Washington -- Davis said he believes automated self-service machines ubiquitous in other parts of retail will pop up in weed stores, too. He said he expects his company to be one of perhaps three major players manufacturing those vending machines.

“It’s like a gold rush,” Davis said. “Once significant investment capital comes to the market, who knows?" Full Story

-David Levine has been a vending machine industry consultant for close to a decade. Earlier this year, he sold his own company, CannCan, to Endexx Stock Ticker:EDXC. In recent years, he has visited medical marijuana trade shows to explore sales of his own vending machine -- basically a modified soda machine. He had figured it would take a long time for such equipment to find a market. But the moment is at hand, he said, as a former outlaw industry is flooded with sober-eyed professionals seeking to cash in.


 

MEDICAL TESTING
 
Testing medical marijuana through an accredited third party agency is essential for maintaining a higher standard of service. Potency testing, standardized dosage and testing for pesticides and testing for fungicides and microbiological contamination ensure patients are receiving the optimum quality of medicine. This is consistent with The Dispensary Group’s primary mission of empowering patients to make correct choices in selecting the appropriate medicine.

SC Laboratories
SC Laboratories is comprised of a diverse group of industry experts in the medical cannabis community. It is their goal to further the progression of the medical marijuana movement through science, education and innovation. They are driven by dedication to the movement and belief that safe access to medical marijuana benefits the direction of integrative medicine.



SC Laboratories is an analytical laboratory seeking to co-create a new paradigm in cannabis testing. One that balances need for informed patients with the progress of a healthy industry. It is their vision to be recognized as an industry performance leader, surpassing competitors in quality, innovation, value and excellence in applied scientific methods and processes. Dispense Labs LLC, did extensive research and background into choosing the right testing lab. We feel SC Laboratories meets the criteria we are looking for in a testing facility. SC Laboratories is an independent third party lab; we do not have an interest in their company.


 

 
Features & Benefits
 
Autospense offers a uniquely designed automated dispensing system for store owners and patients, which introduces a new standard of security and medical office efficiency to the medical marijuana industry.

 
Store Owners
Autospense is a significant evolutionary step that will:
  • Introduce a new level of transparency, risk mitigation, profitability, efficiency and accountability.
  • Offer a host of benefits for store owners, patients, law enforcement and other community organizations.
  • Properly control transactions and manage inventory.
  • Apply sound business practices such as maintaining clear financial records and provide safe and secure patient 24/7 access.
  • Improve profitability, accountability and patient satisfaction—the reasoning behind developing Autospense.
 
Patients
With total patient access and the highest levels of security, Autospense provides the following benefits:
  • A more manageable solution of stocking and distributing medical marijuana.
  • An increase in security with its specifically designed technology to ensure professional transactions in an efficient business environment.
  • Fingerprint (optional) and registration card access to allow patients convenient entry to Autospense 24 hours a day/seven days a week.
  • Camera surveillance systems for stores using Autospense.
 
Community
Autospense will satisfy community concerns as it aims to become:
  • The model for state compliance by offering both proponents and advocates for the legalization of medical marijuana a sophisticated solution.
  • A bridge between store owners and the state as a result of accurate tracking and management of inventory related to the disbursement of medical marijuana.
  • A dramatic improvement of financial accountability and security for store owners and patients alike.
  • A solution to issues at the state and federal level with 24/7 tracking and reporting capabilities.
  • A potential step for the medical marijuana industry to become a legitimate source of tax revenue thanks to new and highly dependable business standards in place.
 
Distinctive Security Features
Autospense will enhance store security by:
  • Electronically tracking the movement of inventory.
  • Solving theft, improper handling and other problems associated with the medical marijuana industry thanks to the use of sensors, optional fingerprint software and other technologies.
  • Mitigating risks associated with money being handled by store personnel since all transactions, whether cash, credit or debit, are processed through Autospense.
  • Monitoring all activities pertaining to the store from Dispense Labs’ main office.
  • Only enabling registered members who have agreed to the finger print option to gain access to Autospense during after-hours by using a fingerprint scanner and swiping a registration card.
  • Visually monitoring and recording all transactions 24 hours a day, seven days a week.
  • Securely containing inventory, which is pre-packaged in a vault-like system to prevent mishandling and theft, maintain a better record of inventory and ensure accuracy in the amount being distributed.
Thanks to its accounting and reporting capabilities in real time, Autospense presents an innovative solution to other governing bodies and proponents for the legalization of medical marijuana


FAQs
 
Question:
What ensures the freshness of the pre-packaged medicinal varieties in Autospense?
Answer:
Through careful monitoring and Autospense’s unique tracking software, pre-packaged products are not typically held in Autospense for more than 15 days.

Question:
Why is finger printing validation necessary?
Answer:
Using the finger printer scanner is necessary for access to Autospense after store hours or during store hours if the patient does not want to go through the registration window although the patient must go through the registration protocol prior to accessing the machine directly. In addition to ensuring that the person accessing the machine is the actual patient. Those wishing to opt out of the finger print option will not be allowed access to the Autospense machine after store hours.

Question:
Why is my phone number and email required?
Answer:
The reason is to simply maintain contact with members electronically and keep them updated and informed if and when necessary.
















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EDXC
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Wiki
EDXC News: Endexx Enters Into Definitive Agreement to Acquire GreenLeaf Consulting LLC. 07/02/2014 09:50:00 AM
EDXC News: Endexx to Launch Collaboration Program in Colorado 06/23/2014 08:15:00 AM
EDXC News: Endexx, AnythingIT and BudgetWeed to Present at the First Annual WeedStock Conference, Presented by Marketfy 06/11/2014 03:45:00 PM
EDXC News: Top Cannabis Experts To Speak at the First Annual WeedStock Conference, Presented by Marketfy 06/03/2014 02:10:00 PM
EDXC News: Endexx Releases Investor and Industry Conference Schedule for June 05/29/2014 09:45:00 AM
PostSubject
#33667  Sticky Note Endexx Due Diligence Freeparking100 08/06/14 12:35:37 PM
#32600  Sticky Note EDXC NEWS OUT Jul 2 Mungyboy 07/02/14 09:49:10 AM
#23901  Sticky Note Endexx and CEN Biotech Launch Operations in Canada neophyte184 11/23/13 11:58:50 PM
#33885   Exactly why he was critical to get on dshade 08/27/14 02:55:40 PM
#33884   A list of all seed to sale service providers. Freeparking100 08/27/14 02:32:10 PM
#33883   2.7% according to one of Todd's video presentations. iamablackbeltman 08/27/14 01:37:52 PM
#33882   What % of profits does EDXC want if Yeahmeeks 08/27/14 11:48:30 AM
#33881   Here is the response from Admin Warren on neophyte184 08/27/14 11:27:04 AM
#33880   And there's the douche behind ATDF...what a surprise... TyTrades 08/27/14 11:14:52 AM
#33879   I find it interesting as well...someone posted here TyTrades 08/27/14 10:44:56 AM
#33878   I find the clinical testing statement of interest. smoke advisor 08/27/14 10:40:24 AM
#33877   Adding here on EDXC ...dd and chart will Junknpump 08/27/14 10:33:35 AM
#33876   In further news, Endexx today announced it will iamnottheone 08/27/14 09:58:24 AM
#33875   Could happen this year or early 2015 Ty. neophyte184 08/27/14 09:43:26 AM
#33874   I think your prediction is on point Neo! $EDXC TyTrades 08/27/14 09:24:34 AM
#33873   Love this part! I have a feeling we'll TyTrades 08/27/14 09:20:33 AM
#33872   Endexx today announced it will be receiving next dshade 08/27/14 09:03:52 AM
#33871   Way to go Todd! September is going to neophyte184 08/27/14 08:28:38 AM
#33870   Awesome. Amazing how I hub doesn't show jamie13 08/27/14 08:27:05 AM
#33869   Endexx to Present at Aegis Capital 2014 Healthcare Entendance 08/27/14 08:18:36 AM
#33868   hahahah....so damn true. EDXC will fly once the neophyte184 08/26/14 11:09:52 PM
#33867   That is quite correct. When this sucker begins neophyte184 08/26/14 10:53:11 PM
#33866   I slapped the ask earlier today @ .07, d4ward 08/26/14 03:26:01 PM
#33865   Anything is not liquid if you're not willing jzinvestment 08/26/14 03:06:47 PM
#33864   Anything is not liquid if you're not willing jzinvestment 08/26/14 03:06:47 PM
#33863   Trying to add to my position here with rifreede 08/26/14 02:40:17 PM
#33862   exactly. this company will morph into a MJ dshade 08/26/14 01:59:35 PM
#33861   GreenLeaf's "one" addition was a huge addition. He dshade 08/26/14 01:58:50 PM
#33860   I usually prefer to make a stock move neverenough44 08/26/14 01:47:17 PM
#33859   I don't care if he's actually a monkey. jzinvestment 08/26/14 01:27:17 PM
#33858   Real dumb fucks hitting the bid.... TyTrades 08/26/14 01:26:30 PM
#33857   Thanks - This should really help the stock TyTrades 08/26/14 01:22:38 PM
#33856   Some size on the bid now. jzinvestment 08/26/14 01:16:58 PM
#33855   When is management going to step up and neverenough44 08/26/14 12:58:34 PM
#33854   so thin til .08 what a game dshade 08/26/14 12:23:54 PM
#33853   and they have 3.5 bil O/S, EDXC only dshade 08/26/14 11:44:31 AM
#33852   yep. add time on this game dshade 08/26/14 11:41:14 AM
#33851   Let it get beat down/severely oversold/undervalued. It will jzinvestment 08/26/14 10:53:26 AM
#33850   No doubt bud much more to gain here pumpnass 08/26/14 10:45:39 AM
#33849   EDXC down 5% while partner FITX up 23%... megatron31 08/26/14 10:44:10 AM
#33848   Scored my 13k @.062. Weeeeeeee! hummba 08/26/14 10:30:03 AM
#33847   They are gonna wish they hadn't pumpnass 08/26/14 09:38:06 AM
#33846   Wow guess we have some more douche bags TyTrades 08/26/14 09:31:43 AM
#33845   Nice premarket action! TyTrades 08/26/14 09:26:49 AM
#33844   This is a monumental day for $FITX as TyTrades 08/26/14 09:18:49 AM
#33843   perhaps a refresher to the board as to dshade 08/26/14 09:09:36 AM
#33842   Looking for a solid green day with plenty Freeparking100 08/26/14 07:52:09 AM
#33841   Look for a sudden explosion FITX just gave pumpnass 08/25/14 06:51:40 PM
#33839   add and add some more. MJ is only dshade 08/25/14 03:35:14 PM
#33838   That's hardly true considering we've been channeled the jzinvestment 08/25/14 03:16:11 PM
#33837   this stock barely knows what a green day hummba 08/25/14 02:35:58 PM
#33836   You gotta be kidding! Allota nerve! For la cochin dor 08/25/14 02:33:40 PM
#33835   wow. someone really put up a .0631 bid? hummba 08/25/14 02:14:38 PM
PostSubject