Meet Legal Weed's First Billionaire

His ATM machine dispenses pot, not cash

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If Americans get their cash from an ATM and their Snickers bars from a vending machine, then why not automated cannabis distribution as well? In 2010, California entrepreneur Vincent Mehdizadeh received a U.S. patent for his “biometric dispensing marijuana machine.” His company, Medbox, has since gone public—and made Mehdizadeh the legal weed industry’s first billionaire.

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