2014

Medbox and Its Clients Benefit From Another Huge Arizona Court Ruling Judge overturns Maricopa County zoning ban on dispensaries

WEST HOLLYWOOD, Calif., Oct. 15, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing industry specific consulting services and patented systems to the medical and retail industries, responded to a landmark ruling issued by an Arizona state court yesterday that sent positive reinforcement throughout the medical marijuana industry in Arizona.

As reported by the Associated Press today, A judge has overturned Maricopa County's zoning ordinance for medical marijuana dispensaries, ruling that the 2011 local law was a "transparent attempt" to keep the businesses out of county areas outside incorporated cities and towns.

Superior Court Judge Michael Gordon said the county wrote the zoning ordinance so that it wouldn't allow dispensaries to be established because marijuana remains illegal under federal law.

"This court will not rule that Arizona, having sided with the ever-growing minority of states and having limited it to medical use, has violated public policy," Judge Michael Gordon of Maricopa County Superior Court wrote.

Company CEO, Dr. Bruce Bedrick commented, "The decision paves the way for some of our clients that were granted licenses by the state but were prevented from erecting a dispensary by the county. We are extremely happy for our clients." 

Medbox played a key role during the Arizona dispensary lottery system and helped its consulting clients obtain 20 of the 97 total licenses granted by the Arizona Department of Health Services. The 2-year process was fraught with legal challenges and pitfalls that Medbox properly navigated on behalf of its clients. This ruling directly affects Medbox and its clients since 7 of the 20 approved licenses were in Maricopa County zones. Thus, Medbox will now be able to complete those contracts and receive additional revenue from its clients as a result. 

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, Arizona, Connecticut, Massachusetts, Florida, Tokyo, London and Toronto, and has their corporate headquarters in Los Angeles.

Medbox provides their patented systems, software and consulting services to pharmacies, dispensaries, urgent care centers, drug rehab clinics, hospitals, prison systems, hospice facilities, and medical groups worldwide. In addition, through its wholly owned subsidiary, Vaporfection International, Inc. (www.vaporfection.com), the company offers an industry award winning medical vaporizer product.

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

For more information on Medbox, please contact the Medbox Investor Relations Department at (800) 762-1452 or go online to www.medboxinc.com.

SOURCE Medbox, Inc.



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