Medbox to Receive Approximately $3.5 Million, as Form S-1 Registration Statement Becomes Effective
LOS ANGELES, CA / ACCESSWIRE / June 11, 2015 / Medbox, Inc. (MDBX), a leading provider of specialized consulting and technology solutions to the legal marijuana industry, today announced that its Form S-1, as filed in April with the U.S. Securities and Exchange Commission, has become effective. As a result, the company will receive approximately $3.5 million in committed funds from existing investors.
Medbox said the funds will be used principally for working capital and general corporate purposes |