Medbox Inc (OTCMKTS:MDBX) announced that its client, Nature’s Treatment of Illinois, has received medical marijuana dispensary authorization from Illinois. The company was assigned the task of advising and managing the application process by Nature’s Treatment.
After Nature Treatment received award, it engaged subsidiary of Medbox to provide its ongoing management services. Medbox Inc (OTCMKTS:MDBX) Management Services is a wholly owned subsidiary of Medbox. It will take care of all the major operations of medical marijuana dispensary. It will identify qualified state-approved third party operators to look after activities of the medical marijuana dispensary. The professional guidance will be provided by Medbox.
The award details
‘Illinois Department of Financial and Professional Regulation’ awarded authorization for medical marijuana dispensary to Nature’s Treatment. The organization stated that after review of the application, the division has approved application as the qualified candidate in District 7. The selection was done as per the Medical Cannabis Pilot Program.
Matt Stern, the owner and partner in Nature Treatment, said that association with Medbox Inc (OTCMKTS:MDBX) is a unique opportunity. The authorization from the state of Illinois paves way for growth in coming years. It was a tough competition, and guidance of Medbox helped them achieve authorization from the state. The focus of medical marijuana dispensary would be to increase jobs in the sector for overall economic development. The dispensary will work for well-being of patient and community in the Rock Island area.
The management view
Guy Marsala, the CEO of Medbox, said it is thrilling to take a step in the process of opening a medical marijuana dispensary in Illinois. Medbox Inc (OTCMKTS:MDBX) has once again provided its expertise in getting state license awards for its customers, by working in association with State regulatory bodies. It makes sure that all standards of compliance are met so that there is no hurdle in receiving authorization.