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Medbox, Inc.: Distribution Commences For Vaporfection’s Patient-Friendly miVape Vaporizer

‘Vape Critic’ Praises Flavor and Purity of miVape Vapor; Now Available Online at VaporNation.com

Medbox, Inc. (OTCQB: MDBX), a provider of specialized services to the cannabis sector, including operators of dispensaries, cultivation centers, manufacturers and research facilities in those states where approved, today announced that its wholly owned subsidiary, Vaporfection, has commenced distribution of its “miVape” vaporizer through its exclusive North American distributor, VaporNation.

“In the last five years, the vaporizer market has evolved tremendously. The primitive smoking tools of yesterday have been replaced with high-tech devices that offer high performance and functionality,” said Bobby Fernandez, chief operating officer of VaporNation. “The miVape by Vaporfection continues this trend of ingenuity, and we are proud to be a distributor of this progression in portable vaporizer technology.”

The miVape is a glass-on-glass vaporizer that uses high-quality quartz crystal components, as well as medical and food grade materials and true convection heating. The device can also be charged via micro USB and has a replaceable battery.

“Innovation is key to our success, and miVape aligns perfectly with Vaporfection’s strategy to introduce in-demand products that provide patients with safe, effective and convenient delivery systems,” said Dan Wynick, President and CEO of Vaporfection. “Initial demand has been strong, and now that units are shipping, we look forward to introducing our vaporizer to patients on a global scale.”

Wynick said the miVape is available worldwide, and plans are in place to sell abroad and reach more international patients. The company expects to record its first revenues in the current third quarter.

miVape has already received industry accolades. Prominent vaporizer expert “Vape Critic” said, “The flavor and purity of your vapor is of paramount importance, and that’s exactly where Vaporfection zeroed in their focus with the miVape.” Vape Critic has reviewed more than 75 of the top vaporizers and reaches a quarter of a million viewers each month.

About Medbox, Inc.

Medbox, Inc., a leader in the rapidly emerging cannabis sector, provides specialized services to operators of dispensaries, cultivation centers, manufacturers and research facilities in those states where approved. Through trusted clients and affiliates, the company promotes efficient, consistent, high quality products that are priced right, readily available and safely packaged. For more information about the company or to explore partnership, please visit www.medbox.com.

Forward-Looking Statements

Certain statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements, including, but not limited to, anticipating strong demand, reaching more international patients and recording revenues, are based on current beliefs and expectations and are inherently subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond the company’s control. In addition, certain forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties also include, but are not limited to, regulatory developments in the industry, as well as political and economic conditions present within the industry. For a more detailed description of the risk factors associated with the company, please refer to the company’s latest Annual Report on Form 10-K, and in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter.The company does not assume any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made, unless required by law.

For more information, contact:

Janet Simmons
PondelWilkinson Inc.
310-279-5980
pwinvestor@pondel.com

SOURCE: Medbox, Inc.


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