OLD INFO BUT MAY BE SOME THING IN IT .Notis Global, Inc., formerly Medbox, Inc., incorporated on June 16, 1977, is a provider of specialized services to the hemp and marijuana industry. The Company's business activities include pursuing license rights in various states where marijuana is legalized in a certain capacity and contracting with independent third parties to cultivate and dispense marijuana and hemp products, where legal, through independent operator agreements and joint ventures; consulting with its clients operating in the hemp and marijuana industry in organization, licensing, development, build-out, maintenance, commencement of operations and through to maturity; distribution of hemp products processed by its contract partners, and ownership, development and management of real estate used by its partners as cultivation centers and dispensaries. The Company's consulting services include assisting clients with site selection, zoning compliance, building and tenant improvement design and assistance with licensing and on-going compliance with state and local regulations. The Company also sells a line of portable vaporizers and accessories under the brand name Vaporfection.
The Company operates its business directly and through the utilization of approximately five operating subsidiaries, including EWSD I LLC, Prescription Vending Machines, Inc., Vaporfection International, Inc., Medbox Property Investments, Inc. and MJ Property Investments, Inc. EWSD I, LLC is an Arizona corporation that owns property in Colorado. Prescription Vending Machines, Inc., a California corporation, doing business as Medicine Dispensing Systems in the State of California (MDS) distributes its Medbox product and provides related consulting services. Medbox Property Investments, Inc. is a California corporation specializing in real property acquisitions and leases for dispensaries and cultivation centers. MJ Property Investments, Inc. is a Washington corporation specializing in real property acquisitions and leases for dispensaries and cultivation centers in the state of Washington.
The Company competes with Novus Acquisition & Development, American Cannabis Company, AmeriCann, Inc., United Cannabis Company, CannaVest, Naturally Splendid, Organigram Inc., Stevia Corp and Terra Tech.
