Medx Holdings Announces Name Change to Dazed Inc.

Rhea-AI Summary

MedX Holdings Inc. has officially changed its name to Dazed Inc. and its ticker symbol to OTC PINK:DAZE as part of its rebranding strategy. This move aims to reflect the company's focus on retail, distribution, hospitality, licensing, and franchising of counterculture brands. Dazed Inc. plans to expand its market presence, particularly in cannabis consumption experiences, and has applied for adult-use licenses in New Mexico and Las Vegas. The rebranding also includes a new logo and website, with operations under the new name commencing immediately.

Positive

• Name change to Dazed Inc. reflects a strategic focus on cannabis and counterculture brands.
• Plans to expand into adult-use markets with applications for licenses in New Mexico and Las Vegas.
• Rebranding aims to enhance market positioning in anticipation of cannabis legalization.

Negative

• None.

MedX Holdings Inc. (OTC PINK:MEDH) changes its name, ticker symbol and rebranding to Dazed Inc. (OTC PINK:DAZE) to reflect its focus on the retail, distribution, hospitality, licensing and the franchising of their portfolio of counterculture brands.

AUSTIN, TX / ACCESSWIRE / October 5, 2022 / Medx Holdings Inc., (OTC PINK:MEDH), announced today that it has changed its name and will begin operating under a new name and will be known as Dazed, Inc., effective immediately (dazedinc.com). The name change comes as a result from the acquisition of Dazed Inc. and its core focus on the retail, distribution, licensing and franchising of their portfolio of counterculture brands. Along with this change, a newly redesigned company logo has been revealed and a new website is planned to launch in Q4 2022. The Company is also pleased to announce it has applied for the new ticker symbol (OTC PINK:DAZE) pending approval.

Dazed Inc., a Texas Company, has long been the parent company of the brick-and-mortar smoke-shop, "Lazydaze Counterculture" established in 2004. Hans Enriquez, CEO of Dazed Inc said, "The goal has been to build a brand positioned for the inevitable legalization of cannabis. The brand developed, matured and eventually evolved into the "Lazydaze +Coffeeshop", a concept that brings the most consumed substances on the planet, Coffee and Cannabis, under one roof. As state and federal legalization inches closer to becoming reality along with potential legislation such as SAFE BANKING Act, and COMPETES Act and with states such as New York, New Mexico and Nevada all developing their adult-use laws and regulations, which also include consumption lounges and hospitality, we feel these could be major catalysts for us and the entire industry, the timing is inevitable. There is a need for public consumption lounges, and as we move toward cannabis acceptance, our goal is to be the leader in this space and provide the consumer with a positive and satisfying experience. We are also pleased to announce that we have applied for adult use and consumption license in New Mexico and expect opening date Jan 1, and we have also begun the application process for Las Vegas which take place mid October 2022"

"This name change to Dazed Inc. is a huge achievement for us and we are excited to start a new chapter. It allows the company to remain authentic to our counterculture roots and steadfast to our goals. We intend on building and developing our portfolio of brands, continue licensing, franchising and expanding into emerging markets. I look forward to many more milestones as legalization unfolds, so stay tuned!" stated Hans Enriquez, CEO of DAZED INC.

About Dazed Inc.:

Dazed Inc. (OTC PINK:MEDH) We are a Texas based firm with concentrations in retail, distribution, hospitality and licensing. Our mission is to be the leader in cannabis consumption experiences.

At Dazed Inc. we believe in doing things a bit different.

For more information, visit www.dazedinc.com

Follow us on Twitter @DazedBrands

Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements.

Dazed Inc IR Contact:
Dazed Inc.
(737) 777 0420
raji@dazedinc.com

SOURCE: Dazed Inc.

View source version on accesswire.com:
https://www.accesswire.com/718680/Medx-Holdings-Announces-Name-Change-to-Dazed-Inc

FAQ

What is MedX Holdings' new name and ticker symbol?

MedX Holdings has changed its name to Dazed Inc. and its ticker symbol to OTC PINK:DAZE.

What business focus does Dazed Inc. have?

Dazed Inc. focuses on retail, distribution, hospitality, licensing, and franchising of counterculture brands.

What licenses is Dazed Inc. applying for?

Dazed Inc. is applying for adult-use licenses in New Mexico and Las Vegas.

When did the name change to Dazed Inc. take effect?

The name change to Dazed Inc. took effect immediately upon the announcement on October 5, 2022.

What are the future plans for Dazed Inc. regarding cannabis legalization?

Dazed Inc. aims to lead in the cannabis consumption experience as legalization progresses, focusing on developing its brand portfolio.