Point Roberts, WA/ New York, NY - June 10, 2013 (Investorideas.com Newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on Marijuana stocks in the race for Marijuana vending machines.
According to an article today in the DailyMail in article entitled, “Marijuana vending machines coming to a store near you?”Entrepreneurs are looking to cash in on the marijuana vending machine market in Colorado and Washington State, where marijuana was recently legalized. Retail sales are expected to start in Colorado by January 2014 with Washington State following shortly after.
Several public companies have entered the space, including Medbox Inc., (OTC: MDBX) , Tranzbyte Corporation (ERBB OTC Markets) and Homeland Security Corporation (HSCC:OTC Markets) . Medbox and Tranzbyte are further ahead in development, with Medbox having a patent on their design that uses biometrics but Homeland Security Corporation is also betting on the added value of their biometric security technology.
“We are first and foremost a security and surveillance organization. One of our evolving goals is to be the premier MMJ/MJ compliance and security systems innovator for the cannabis and hemp industry, leveraging our team of highly experienced, educated, and seasoned professionals. The MMJ industry is one of the most scrutinized industries in the world. From seed to sale all aspects of the MMJ industry including growers, producers, and dispensaries are under twenty-four hour recorded surveillance.”
The company also goes on to say, “Over the past three years our HSCC representative (Gary Williams) was based in Colorado working directly with a leading MMJ compliance organization, the Colorado Medical Marijuana Enforcement Division (MMED), and also with other state regulatory agencies.” More info: http://www.hsccsecurity.com/MMJ-Consulting.html
Medbox Inc., (OTC: MDBX), the leader so far, features patented systems that dispense medication to individuals based on biometric identification (fingerprint sample). The stock has had a wild ride for an OTC stock as investors bet on the future of legalized Marijuana and the future of vending machines.
Tranzbyte Corporation (ERBB OTC Markets) announced in April it will begin distribution of its Automated Marijuana Vending Machine within qualifying states and locales beginning next quarter. Although some of the specific details of the machine's operation must be kept under wraps for competitive reasons, the company has been at work for the past year identifying and working with a vending machine manufacturer that has the technological background and capability to exclusively deliver the Altitude Organix "Green Machine" – designed specifically to serve the exploding cannabis industry in the 21st Century with a complement of exclusively available Zazzz™ products coupled with state-of-the-art security enhancements.
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