Medbox Inc (OTCMKTS:MDBX), a licensing and infrastructure dispensary specialist, is proud to announce that Ambassador Ned L. Siegel has become the new Chairman of its Board of Directors.

Insights On Siegel’s Background:

Ned L. Siegel comes with a rich background in the corporate political environment. Previously, he was appointed as the U.S. Ambassador to the Commonwealth of the Bahamas by none other than President George W. Bush. Siegel served in that position for two years starting from October 2007 to January 2009.

Apart from this position, he also served under Ambassador John R. Bolton at the United Nations as the Senior Advisor to the U.S. Mission and as the United States representative. It was President George W. Bush, who appointed him to such key position to the 61st Session of the United Nations General Assembly. Ned L. Siegel has a huge corporate experience, which has helped him earning such reputed position in UN General Assembly.

Prior entering the political field, Ned L. Siegel was a member of Overseas Private Investment Corporation’s Board of Directors. Apart from the excellent public service record, Siegel also has a rich experience of over 30 years as an entrepreneur.

At present, Ned L. Siegel serves as the Chairman of Board of Directors of The Siegel Group. It is an international business management advisory firm that focuses mainly on real estate, infrastructure, ports, utilities, energy, financial services, and technology.

Management Call:

The senior management of Medbox Inc is delighted to appoint Ned L. Siegel as the new chairman of the company. According to Mr. Guy Marsala, CEO, Medbox Inc (OTCMKTS:MDBX), over the past 12 months or so, the company has emerged into one of the best-managed organizations in the world. It has won over eight provisional cultivation licenses recently, which is something any company running in the similar field would want. Under the solid leadership of Ned L. Siegel, Medbox is ready to touch newer heights in the coming months.