Dazed Inc. Expands to Dallas, Reports Q2
Analysis based on 11 articles · First reported Aug 19, 2026 · Last updated Aug 20, 2026
The announcement of expansion, strong Q2 results, and planned buyback may positively influence Dazed Media's stock price and investor sentiment. The potential federal rescheduling of cannabis could create tailwinds for the entire sector, but regulatory uncertainties in United States — Texas remain a risk.
Dazed Media (OTC: DAZD), formerly MedX Holdings, Inc., announced major corporate milestones on August 18-20, 2026. The company signed a new franchise location in United States — Dallas, United States — Texas, bringing its Lazydaze Coffeeshop brand to 13 stores total (7 operating, 11 signed franchise agreements, 2 corporate-owned). Dazed Media released its Q2 2026 financial results, highlighting sustained revenue growth, debt reduction, and a strengthened balance sheet. Management also announced plans for a stock buyback in Q4 2026, with terms yet to be determined, and stated no intentions of dilution or reverse split. Dazed Distribution introduced new THC-infused products including Bud and Bloom wine and Papa's Alternative Brew non-alcoholic beer, with rollouts planned for Q3-Q4 2026. The company launched two digital platforms: dazedinc.com as a corporate hub and leaftrak.com under Smart Brand Digital to expand its fintech footprint. CEO Hans Enriquez emphasized shareholder-first strategy. The company remains optimistic about federal cannabis rescheduling to Schedule III by the DEA, which could benefit the sector.
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