ALEXANDRIA, Va., March 3 -- United States Patent no. 12,567,300, issued on March 3, was assigned to Crane Payment Innovations Inc. (Malvern, Pa.).

"Vending machine product delivery system with variable retrieval speed" was invented by Carter Edmonds (Columbia, S.C.), Jeremy Vacek (Dusseldorf, Germany) and Talbert Black Jr. (Lexington, S.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A vending machine comprises a chassis, a shelf system including a plurality of product rows, a plurality of product gates each coupled to an associated one of the plurality of product rows, a movable stage, a retrieval platform, and a vending machine controller coupled to at least one memory. The vending machine controller is ...