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.
Homeland Security Corporation (HSCC: OTC Markets) notes on its new website,
“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.
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