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Medbox Focuses on Newly Emerging Medical and Recreational Marijuana States
Date:9/19/2013

WEST HOLLYWOOD, Calif., Sept. 19, 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, announced that it has been contracted to file dispensary license applications and build-out facilities in the states of Vermont, Massachusetts, Connecticut, Oregon, Illinois, and Nevada. The company also reports that it has been contracted to obtain recreational retail licenses and build out facilities in the states of Washington and Colorado for its clients.

Licenses in these newly emerging medical and recreational markets are limited, and competition between applicants will be fierce. However, according to Medbox executives, the company is leveraging its unprecedented successes in the Arizona dispensary licensing program to achieve success in these new target markets. The company has set a revenue goal of $5 million per state in consulting and technology sales.

"We have a proven track record of taking care of business for our clients and getting results," stated Dr. Bruce Bedrick, Chief Executive Officer at Medbox, Inc. "We have filed our applications in Vermont and Massachusetts for our clients and we are eagerly awaiting filing additional applications for our clients in Connecticut, Nevada, and Illinois when those licensing periods commence over the course of the next few months. This is truly an exciting time for Medbox and also the industry at large."

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SOURCE Medbox, Inc.
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