The company is expanding into Canada. It's an interesting mix of various technologies and platforms that exist today.
Pharmabox is an automated kiosk for OTC (over the counter) pharmaceutical products. Currently there aren't any prescribed medications dispensed.
A typical Pharmabox looks like this:
You're already familiar with these types of machines. You can find similar machines selling electronics at airports. Pharmabox in this case is a very specialized vending machine.
A few of my thoughts:
- Few viable locations in urban centres due to presence of many 24/7 stores
- Is there a future play to get into OTC dispensing of recreational cannabis???
- If there is a long-term vision to enter into prescribed medicines space, I hope they learn from the bankruptcy of PharmaTrust
- This isn't going to put any pharmacies out of business or pharmacists out of a job (at this stage)
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