Medbox, Inc. announced a new, expanded licensing agreement with Bio-Tech Medical Software, Inc. Medbox provided patented tracking and dispensing technologies at the point of sale at licensed marijuana dispensaries. As a result of this amended licensing agreement, Medbox technologies can provide "seed to sale" tracking, covering every aspect of marijuana cultivation and inventory management, all the way to the point of dispensing. As a part of the agreement, Medbox will receive 25% of the sales price, licensing fees, or other revenues generated from any direct referrals that result in sales to Bio-Tech.