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MedX Holdings, Inc. reports company developments tied to its cannabis retail, hospitality, franchising, and technology portfolio. The company operates around subsidiaries and brands including Dazed Inc., Smart Brand Digital, and LazyDaze + Coffeeshop, with updates focused on franchise development, cannabis and hemp retail concepts, branded product distribution, and regulatory-compliant technology for the industry.
Recurring MEDH news includes operating results, profitability and debt updates, LazyDaze franchise commitments, planned store and lounge expansion, and the rollout of Leaf-trak technology through Smart Brand Digital. Company announcements also cover its OTC trading status, partnerships supporting franchise operations, and positioning within regulated cannabis and cannabis-adjacent markets.
Dazed Inc. (OTC:DAZD), formerly Med X Holdings (MEDH), has officially changed its corporate name to Dazed Inc. and will begin trading under the new ticker symbol DAZD, following a strategic rebranding completed on July 21, 2026.
According to the company, its strategy now centers 100% on brand building and hospitality in the cannabis and lifestyle sectors, led by its Lazydaze brand, coffee shop concepts and cannabis hospitality initiatives. Recent operational milestones include opening new Lazydaze retail stores in Houston and San Marcos, launching revenue-generating activities in its Smart Brand digital division via the Leaftrak platform, activating the Dazed Distribution network with multiple partner brands, and planning several new Lazydaze product launches in Q3. The name and ticker transition is expected to be seamless for shareholders with no required action.
MedX Holdings (OTC: MEDH), soon to be Dazed with ticker DAZE, outlined major 2026 growth initiatives for its Lazydaze brand.
The company plans multiple new franchise openings across Texas and Maryland, launches infused K-Cup, coffee and mushroom products in Q3 2026, acquired the premium Lazydaze.com domain, and is scaling its Daze Distribution infrastructure to support franchise consistency, margins, and multi-state expansion.
Medx Holdings (OTC:MEDH), a multi-state cannabis operator soon to be renamed Dazed with ticker DAZE, has submitted applications to the DEA for federal registration of state-licensed medical marijuana operations via its wholly owned unit Lazydaze ABQ LLC.
The filing uses the new Schedule III framework and a 60-day expedited window, aiming to manufacture, distribute and dispense federally registered medical cannabis products and integrate them into Medx recreational lounges.
MedX Holdings (OTC: MEDH), soon to be Dazed Inc. (pending ticker DAZE), reported strong Q1 2026 results. Revenue reached $521,874, up 52.7% year-over-year, with gross profit of $398,990, up 70.6%, and net income of $22,203.
The Lazydaze franchise expanded with a San Marcos, Texas opening over Memorial Day weekend and June 2026 openings planned in Houston and Baltimore. MedX highlights tailwinds from federal cannabis rescheduling to Schedule III, rising hemp beverage retail presence, and CEO Hans Enriquez speaking at the 2026 Hemp Beverage Expo.
MedX Holdings (OTC: MEDH) reported Q1 2026 operational highlights and ongoing net profitability momentum, emphasizing debt reduction and expansion of its Lazydaze ecosystem.
The company has initiated a corporate rebrand to Dazed Inc. with planned ticker DAZE, announced three June 2026 LazyDaze + Coffeeshop openings, and plans to leverage the U.S. cannabis Schedule III change.
MedX Holdings (OTC: MEDH) reported strong Q4 and full-year results for 2025, achieving net profitability, a significant revenue increase, and retiring a substantial portion of corporate debt to reduce interest burdens.
The company announced aggressive LazyDaze franchise expansion into Houston, San Marcos, Kerrville and Baltimore in 2026, launched the LEAFtrak tech stack, and formed partnerships with Delightree, Checkmate and COMO. Management cited potential upside from a federal rescheduling to Schedule III and outlined Q2–Q3 2026 capital priorities: marketing, fintech growth via Smart Brand Digital, and corporate real estate.
MedX Holdings (OTC: MEDH) reported strong Q3 results on Nov 20, 2025 with Q3 revenue of $568,177 (more than double year‑over‑year) and nine‑month revenue of $1.29M (up >130% YoY). The company said it returned to operating profitability for both the quarter and year‑to‑date and emphasized disciplined, regulation‑focused operations across its LazyDaze + Coffeeshop business.
Operational upgrades included enhanced financial controls, franchise support, reporting transparency, and tightened retail/training/compliance processes. The company signed five new franchise agreements (Houston, San Marcos, and three locations in Maryland) and is progressing on a company‑owned Las Vegas flagship as part of a planned 2026 expansion.
MedX Holdings (OTC: MEDH) has announced significant expansion with five new Lazydaze franchise agreements and plans for a flagship store in Las Vegas. The expansion includes two locations in Texas (Houston and San Marcos), a three-location development deal in Maryland, and a corporate-owned flagship store in Las Vegas targeted for early 2026.
The company's integrated platform approach combines Lazydaze +Coffeeshop cannabis lounges, the Leaf-trak POS system launching in Q4 2025, and Smart Brand Digital for e-commerce. This expansion is expected to help MedX exceed its $1.5M FY25 revenue target through franchise fees, royalties, product distribution, and technology licensing.
MedX Holdings (OTC: MEDH), parent of Lazydaze +Coffeeshop, released its Q2 2025 investor update highlighting strong growth trajectory. The company is on track to achieve approximately $1.5 million in full-year 2025 revenue.
Key developments include: the upcoming Las Vegas consumption lounge pending final approvals, a new Houston Lazydaze franchise targeting Q4 2025/early 2026 opening, and active lounge negotiations in Florida and California. The company is also launching Leaf-trak, a hospitality-grade POS and payments platform specifically designed for consumption lounges, with pilot programs in Q3 and commercial release in Q4 2025.
The company's New Mexico store continues to show positive performance in the recreational market, while their technology platform is expected to begin contributing revenue from Q4 2025 into Q1 2026.
MedX Holdings (OTC: MEDH) has announced its return to active trading with PINK Current status on OTC Markets, coinciding with Lazydaze's 20th anniversary. The company has expanded its product offerings to include wellness products like functional mushrooms and blue lotus teas, while partnering with FRESHgrown Cultivators for premium cannabis supply.
Key developments include:
- Acquisition of Lazydaze ABQ
- New franchises in Austin and San Antonio, Texas
- Planned expansion to Maryland and Las Vegas
- Launch of AI-powered vending machines ('Lazydaze ON the GO')
- Relaunch of Lazydazeshop.com for e-commerce
- Revival of Smart Brand Digital for payment processing
The company anticipates further acquisitions in Q2 2025 and is positioning itself for growth amid expected federal cannabis rescheduling developments.