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Revision as of 05:42, 28 October 2013 by RichardWeiss (talk | contribs) (Not a crystal ball, we cant say what will happen, do much detail for things that havent actually happened)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)It has been suggested that this article be merged with Medical cannabis. (Discuss) Proposed since October 2013. |
A marijuana vending machine is a vending machine for selling or dispensing marijuana. They are currently in use in the United States. In the United States, they are normally located in secure rooms in medical marijuana dispensaries. They are operated by employees after a fingerprint scan is obtained from the patient. In Canada, marijuana vending machines are planned to be used in centres that cultivate the drug.
Development of machines
At least three companies are developing the vending machines.
Endexx Corp. (ticker symbol: EDXC) has recently acquired two smaller companies to merge their respective technologies into a marijuana vending machine. The first acquisition, called Cann-Can LLC, was announced by Endexx on April 9, 2013. Cann-Can's founder and developer, David Levine, was brought onto the Endexx board as a specialty consultant. David Levine has extensive vending machine expertise and holds a patent for a vending machine messaging system. The second acquisition, known as Dispense Labs LLC, was finalized and announced by Endexx on October 7, 2013. Dispense Labs has developed an advanced vending machine, known as Autospense, through it's partnership with the leader in industrial vending inventory solutions, Autocrib, Inc. The Autospense machines have many built-in benefits and features to improve security, inventory management, profitability, efficiency, accountability and to mitigate risk. Endexx, through its wholly owned subsidiary, Dispense Labs, has secured exclusive worldwide rights for medical marijuana dispensing technology with Autocrib. Together, with M3Hub and the recent acquistion of THCFinder.com, these vending machine acquisitions will enable Endexx to provide a complete seed-to-sale solution to assist dispensaries, and other cannabis-related businesses, to work within the confines of the law. Additionally, it is expected that the THC Finder website will enable marijuana patients to locate the nearest dispensary with an Autospense marijuana vending machine.
Medbox Inc. is the industry leader in medical marijuana dispensing machines. They sell two machines for $50,000, one for edible marijuana products like brownies, and the other for portions of marijuana itself. As of October 2013, Medbox has sold approximately 160 marijuana vending machines to US medical marijuana dispensaries.
Tranzbyte Corp. plans to commence distribution of vending machines that use radio-frequency identification tags.
References
- Laskow, Sarah (2013-06-10). "Marijuana vending machines are the future of recreational drug use". Grist. Retrieved 2013-10-19.
- "Marijuana vending machines". News.msn.com. Retrieved 2013-10-19.
- ^ "The pot vending machine's first foreign market? Canada, of course, 'a seed for the rest of the world' | National Post". News.nationalpost.com. Retrieved 2013-10-19.
- "Marijuana Vending Machines Popping Up At California Pot Clubs « CBS San Francisco". Sanfrancisco.cbslocal.com. 2013-03-20. Retrieved 2013-10-19.
- Vrankulj, Adam (2012-11-13). "Medbox partners with Canadian medical marijuana R&D lab". BiometricUpdate.com. Retrieved 2013-10-19.
- "Marijuana vending machines coming to a store near you? | Mail Online". Dailymail.co.uk. 2013-06-10. Retrieved 2013-10-19.
- Epstein, Mike (2012-11-16). "Marijuana Vending Machine Maker's Stock Skyrockets and Everybody Freaks Out". Geekosystem. Retrieved 2013-10-19.
- ^ "Marijuana Vending Machines, Stoner Fantasy, May Become Industry Norm". Huffingtonpost.com. Retrieved 2013-10-19.
- "Marijuana vending machines: helfpul or just hype? | Marijuana and Cannabis News". Toke of the Town. 2013-03-29. Retrieved 2013-10-19.
- "Marijuana Vending Machine Investing". Wealthdaily.com. 2013-05-13. Retrieved 2013-10-19.
- "Endexx Acquires Cann-Can LLC". PR Newswire (US).
- "MB Media Brokers To License Vending Messaging System". Vending Market Watch.
- "Endexx closes Acquisition of Dispense Labs LLC". PR Newswire (US).
- "www.Autospense.com".
- "Endexx Secures Exclusive World Wide Rights for Medical Marijuana Dispensing Technology". PR Newswire (US).
- "www.m3hub.com".
- "www.thcfinder.com/".
- "Endexx's M3Hub(TM) Platform Supports State Legalized Marijuana Laws". PR Newswire (US).
- "Endexx's M3Hub Platform Is the Robust "Seed to Sale" Tracking Solution". PR Newswire (US).
- "THCFinder.com Joins the M3Hub(TM)". PR Newswire (US).
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