Greetings,
On March 9, 2017, Notis Global finalized an agreement with the Securities and Exchange Commission (SEC), whereby the company agreed to abide by current and future regulations. Other than agreeing to the terms of the consent decree, Notis Global was not subjected to any fine or penalty. With the consent decree, Notis Global formally severs any and all ties to the former senior executives of MedBox, Inc.—thereby closing a sad, long-ended chapter in the company’s history.
We, the new Notis Global executive team, have spent the past 30 months cleaning up and moving beyond what had been MedBox, Inc. At the same time, we developed and have been executing our new business plan, which is beginning to show early signs of success.
In the coming weeks and months, we expect to have good, going-forward news to share.
In the meantime, I and the executive team remain committed to running Notis Global with the highest of standards and ethics.
Jeff Goh, President & CEO
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