Medbox, Inc. Sees Opportunity in Several New States Company will offer consulting services to states considering changes to marijuana laws

HOLLYWOOD, Calif., Jan. 24, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), announced that they are offering guidance through local lobbyists to officials, regulators and legislators in states that have taken steps toward voting on changing their existing marijuana laws. Medbox is a leader in providing consulting services and products in the legal marijuana industry, and has a goal of working with state and local officials to help craft sensible regulations across the nation.

Medbox has a proprietary system that assures that any marijuana sale or transaction is handled in accordance with all state and local regulations, and provides accurate, unalterable, and HIPAA compliant reporting for both taxation purposes and to regulate amounts dispensed.

Medbox will be establishing a presence in the following states upon legislation adoption:

Alabama
Legislation that seeks to allow for the physician authorized use of cannabis is pending before state lawmakers.

Iowa
Two separate pieces of legislation that seek to allow for the physician supervised use of cannabis are expected to be introduced during the 2013 legislative session.

Kentucky
Legislation that seeks to allow for the physician authorized use of cannabis is pending before state lawmakers. The Medical Marijuana Act will be debated by lawmakers this spring.

Maine
Legislation that seeks to legalize and regulate the adult use of marijuana is pending before state lawmakers. The proposed measure would legalize the sale of controlled amounts to people 21 or older at licensed retail locations.

New Hampshire
Legislation that seeks to allow for the physician authorized use of cannabis is pending before state lawmakers. A coalition of a dozen state lawmakers have pre-filed legislation to allow for the use of cannabis for therapeutic purposes.

Rhode Island
Legislation that seeks to legalize and regulate the adult use of marijuana is pending before state lawmakers and will be debated by this spring.

"As leaders in our industry, we are taking an active role in educating policymakers and the public by demonstrating that medical marijuana can be made available in a regulated environment that is completely transparent, secure, and legally compliant," said Dr. Bruce Bedrick, CEO of Medbox, Inc. "We look forward to continuing to work with officials as well as business owners to provide systems and expertise that assure compliance and help safeguard the entire industry."

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, 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.

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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