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Medicine Dispensing Systems, a Subsidiary of Medbox, Inc., Emerges as a Leader in Arizona Medical Marijuana Clinic License Ap...

Medbox (PC) (USOTC:MDBX)

Today : Monday 11 June 2012


Medicine Dispensing Systems, Inc., a subsidiary of Medbox, Inc., (Pinksheets: MDBX) (www.medboxinc.com) has successfully completed and filed 110 applications for the granting of medical marijuana dispensing licenses for its consulting clients in the State of Arizona. The company completed the lengthy and complicated process on behalf of groups and individuals that are seeking to open dispensaries in Arizona's tightly regulated market.

Neither Medicine Dispensing Systems nor Medbox, Inc. own any marijuana dispensing clinics. The company acts as a consultant and helps guide those wishing to open a clinic through the complex issues that regulate the medical marijuana industry, and the steps that are necessary to operate in full compliance of each individual States regulations. The company has become nationally recognized as a leader in obtaining positive outcomes in the application process due to their comprehensive suite of services, which includes in-depth consultations, securing special zoning permits, handling lease negotiations, and specifying specialized clinic equipment.

The company also provides their patented Medbox™ Dispensing System, which is the most secure and transparent method to assure patient verification and compliance with all state and local regulations. The system, whether by machine or the company's POS system, is currently in use by over 100 clinics nationwide, and provides assurance to state regulators that clinics are being operated legitimately, legally, and in accordance with all rules governing these types of clinics.

Arizona voters approved a Measure in 2010 that allows certain qualifying patients to obtain medical marijuana from a registered dispensary. The Arizona Department of Health Services accepted dispensary applications from May 14 thru May 25, 2012.

The DHS received 484 dispensary applications for 126 possible dispensaries. The state allows a maximum of one dispensary per each of the State's 126 Community Health Analysis Areas (CHAAs). Arizona, with its forward-thinking regulations and seed to sale transparent tracking is looking to be the gold standard for future States as they navigate ways to allow their citizens access to medical marijuana without creating a detriment to the community. According to Will Humble, Arizona's Department of Health Services Director, the DHS expects to award the Dispensary Certificates on August 7.

"Our company is focused on States that have polished regulations concerning medical marijuana. States like Arizona and now Connecticut are setting a proper example for other States moving forward that have learned a lesson from less organized States like California and Colorado. The numbers of medical marijuana clinics should be based on population density and awarded by the State, in a tightly regulated system," stated Dr. Bruce Bedrick, CEO of Medbox, Inc. "Policies need to be crafted on a State level at the onset in order for these clinics not to cause a nuisance on communities."

About Medbox, Inc:

Medbox is a leader in the development, sales and service of automated, biometrically controlled dispensing and storage systems for medicine and merchandise. Medbox has offices throughout the world, including New York, Tokyo and Toronto, and has their corporate headquarters in Los Angeles.

Medbox provides their patented systems, software and consulting services to pharmacies, urgent care centers, clinics, hospitals, and medical groups worldwide.

Medbox, Inc. is a publicly traded company, and is listed on the OTC Board, ticker symbol MDBX.

For more information on Medbox, please contact the Medbox Investor Relations Department at [phone] or go online to www.medboxinc.com.

SOURCE Medbox, Inc