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Medbox, Inc. Interviewed on BBC Radio Regarding Medical Marijuana Policy


News provided by

Medbox, Inc.

Jan 09, 2013, 09:05 ET

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HOLLYWOOD, Calif., Jan. 9, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), announced that a radio interview was conducted by BBC in the UK with one of the company's founders regarding medical marijuana policy as well as the company's recent stock price surge.

During the interview, which ran live at 10:20 am PST yesterday, Vincent Mehdizadeh, Founder and Senior Consultant at Medbox, Inc, commented, "As we all step back from the proverbial fiscal cliff in the US and a stagnant global economy, it's important that governments worldwide explore new tax bases that are gaining momentum. As such, Medical Marijuana should be given serious consideration as a burgeoning industry."

The company was also asked about its position on the recent outright marijuana legalizations in the US States of Washington and Colorado for recreational use. Medbox commented that while recreational legalizations appear to be gaining traction in some US jurisdictions, the company's focus remains on helping medical marijuana dispensaries operate in accordance with their states' laws. However, the company also confirmed that its technology, used behind-the-counter and at an operators' discretion, can also be utilized in retail businesses in recreational marijuana jurisdictions to assist with inventory control and accurate tax reporting.

The company was also interviewed yesterday by a Chilean journalist with "La Segunda" newspaper in Chile regarding Medbox's international aspirations as to spreading its medicine dispensing technology on a global level. The company confirmed with that reporter that 24-hour access to medical marijuana is not allowed through the company's equipment but that other solutions for after-hours prescription medication dispensing has been developed by the company for use in traditional pharmacies for access to standard medications. 

"We are pleased that Medbox is garnering so much national and international attention for our cutting-edge products and services," stated Dr. Bruce Bedrick, CEO of Medbox, Inc. "Educating the media about the differences between a "vending machine" and a "dispensing system" are a definite priority for our company."

To listen to the BBC Radio interview, simply copy and paste the link below to a web browser:
https://www.dropbox.com/s/69csechyn1kqjml/BBC%20Interview.mp3

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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