LOS ANGELES, Oct. 27, 2014 /PRNewswire/ -- Medbox,
Inc. (OTCQB: MDBX) (www.medbox.com), a leading dispensary
infrastructure/licensing specialist, patented technology provider,
and partner to the cannabis industry, is proud to announce the
addition of Ms. Jennifer S. Love, a
former senior executive of the FBI, to its Board of
Directors. Ms. Love was a 27-year veteran of the FBI, having
retired as the Assistant Director of the FBI Security Division, a
position she was appointed to in September
2011 by then FBI Director Robert S.
Mueller III.
Ms. Love's appointment adds to an already world class Board of
Directors, joining Mr. Mitch Lowe,
co-founder of Netflix and former President of Redbox, and U.S.
Ambassador to the Bahamas (ret),
Ned L. Siegel. The addition marks
Medbox's third independent director, which is an important step in
the company's strategy to uplist its stock to the NASDAQ stock
market.
"We have assembled what I consider to be a "dream team" between
our board and management team at Medbox," commented Guy Marsala, CEO at Medbox, Inc. "As we make the
move to NASDAQ, adding an executive with Ms. Love's background and
character is critical to ensuring that Medbox is able to properly
secure, monitor, and oversee cannabis operations for our clients.
She fits into our security minded, compliance focus
seamlessly."
"I look forward to bringing my experience and expertise to an
already talented and distinguished board at Medbox," stated Ms.
Love. "As the medical marijuana industry begins to expand and
mature, I feel strongly that my experience and talents will blend
well with Medbox's focus on security, transparency, and oversight
in this young, rapidly emerging industry."
Ms. Love brings a vast wealth of knowledge and government
experience to the Medbox board, including:
- Managing and directing government programs, field offices and
headquarter divisions, and multi-million dollar operating
budgets.
- Directing multiple facets of national security and criminal
intelligence investigations.
- Establishing order, direction, collaborative partnerships, and
purpose among federal law enforcement, regulatory and intelligence
agencies, and domestic law enforcement officials.
- Proven business acumen in creating enterprise risk management
strategies with emphasis on security operations, investigations,
field operations, intelligence and criminal programs, employee
misconduct, ethics violations, and security risks.
- Highly skilled in organizing, distributing, and delivering
sensitive information to a diverse range of personnel.
About Medbox,
Inc:
Medbox (http://www.medbox.com) is the leading dispensary
infrastructure and licensing specialist, patented technology
provider, and partner to the cannabis industry. Headquartered in
Los Angeles, CA, Medbox, through
its wholly owned subsidiary, Medicine Dispensing Systems, offers
its patented systems, software and consulting services to
pharmacies, alternative medicine dispensaries, and local
governments in the U.S. In addition, through its wholly owned
subsidiary, Vaporfection International, Inc.
(www.vaporfection.com), the company offers an industry
award-winning line of medical vaporizer products. Medbox, through
its newly established subsidiaries, is also developing ancillary
services tailored to the alternative medicine industry, including:
real estate acquisitions and subsequent lease programs to
alternative medicine dispensaries and cultivation centers, and
alternative medicine dispensary and cultivation management
services.
Forward-Looking Statements:
Statements in this press release constitute forward-looking
statements within the meaning of federal securities laws. Such
statements are based on our current beliefs and expectations and
are inherently subject to significant business, economic and
competitive uncertainties and contingencies, many of which are
beyond our control. In addition, such forward-looking statements
are subject to assumptions with respect to future business
strategies and decisions that are subject to change. Potential
risks and uncertainties include, but are not limited to, technical
advances in the industry as well as political and economic
conditions present within the industry. We do not take any
obligation to update any forward-looking statement to reflect
events or developments after a forward-looking statement was
made.
Contacts:
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Investor
Relations
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Media
Relations
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Stephen
Hart
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Jackie Herskovitz
Russell
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Hayden IR
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Teak Media +
Communications
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917-658-7878
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O:
617-269-7171
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hart@haydenir.com
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jackie@teakmedia.com
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@TeakMedia
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Medbox:
For more information on Medbox, please call (800) 762-1452 or visit
www.medbox.com.
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visit:http://www.prnewswire.com/news-releases/medbox-adds-former-fbi-assistant-director-of-security-to-its-board-176521528.html
SOURCE Medbox, Inc.