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    Medbox, Inc. (MDBX)

    -Other OTC
    4.21 Down 0.41(8.87%) 1:02PM EST
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    Medbox, Inc.
    8439 West Sunset Boulevard
    Suite 101
    West Hollywood, CA 90069
    United States - Map
    Phone: 800-762-1452
    Website: http://www.medboxinc.com

    Index Membership:N/A
    Full Time Employees:7

    Business Summary 

    Medbox, Inc., through its subsidiaries, provides patented biometrically controlled medicine storage and dispensing systems to the medical and retail industries. The company offers Medbox, a biometric medicine dispensing machine that dispenses herbal and prescription medications to individuals based on biometric identification primarily for pharmacies, assisted living facilities, prisons, hospitals, and doctorsÂ’ offices. Its products also include Safe Access Storage Lockers that are used by medium to large mail-order chains; Medbox medicine storage machines; and Lockbox Rx, a storage/retrieval system that is used for prescription medication, over-the-counter medicines, and other pharmacy products. In addition, the company provides Sample-Safe, a wall-mounted unit for use in doctorÂ’s offices; sells the point-of-sale system that includes a monitor, keyboard, credit card reader, and computer with interface; and offers Medbox OTC machines, a non-biometric machine for over-the-counter items, as well as sells various vaporizer and accessory products, such as miVape, through online and distribution partners. Further, it offers turnkey consulting services, including site selection, permitting, design, full build-out, and licensing to individuals and pharmaceutical industries; merchant and armored transport services for cash deposits, cannabidiol research and development, and real estate acquisitions; and lease programs to alternative medicine dispensaries, as well as offers alternative medicine dispensary management services. The company was formerly known as MindfulEye Inc. and changed its name to Medbox, Inc. in October 2011. Medbox, Inc. was incorporated in 1977 and is headquartered in West Hollywood, California.

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    Key Executives 
    Mr. P. Vincent Mehdizadeh , 36
    Founder, Sr. Advisor and Consultant
    Mr. Guy M. Marsala , 63
    Chief Exec. Officer, Pres and Director
    Mr. C. Douglas Mitchell CPA, 64
    Chief Financial Officer
    Mr. William R. Smith III,
    VP of Sales & Marketing, Director of Mergers & Acquisitions and Chief Exec. of MDS
    Mr. Matthew Feinstein , 45
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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