Core Business Overview - Dogecoin Cash Inc. (DOGP) is a publicly traded company that operates in the cannabis telemedicine sector and blockchain innovation, holding a patented cannabis strain and product for hypertension treatment [6][7] - The company focuses on developing and commercializing cannabis-based products, including CBD-infused wellness solutions and pharmaceutical-grade formulations, while seeking to expand its portfolio through strategic partnerships and acquisitions [7] Blockchain and Digital Asset Strategy - Dogecoin Cash Inc. is actively exploring blockchain technology and decentralized finance (DeFi) applications, aiming to enhance transparency, security, and efficiency in cannabis supply chains and financial transactions [8][11] - The company is assessing potential utility tokens, NFTs, and other crypto-related ventures that align with its long-term vision [9] Recent Acquisition - MEME COINS INC., a subsidiary of Dogecoin Cash Inc., has entered into an agreement to acquire 2 billion Dogecoin Cash (DOG) tokens, which will double its total DOG holdings to approximately 4.02 billion tokens without any dilution [1][3] - In exchange for the DOG tokens, MEME COINS INC. will issue 250,000 shares of Preferred Stock to Tipestry, Inc., maintaining its status as a wholly controlled subsidiary of DOGP [2][3] Strategic Growth Initiatives - Dogecoin Cash Inc. is committed to pursuing strategic mergers, acquisitions, and joint ventures to enhance its influence in both the cannabis and blockchain sectors [10] - The company aims to broaden its investor base and diversify revenue streams while leveraging emerging technologies to drive growth [11]
MEME COINS INC., a Controlled Subsidiary of DOGP, to Acquire 2 Billion DOG Tokens from Tipestry
Globenewswire·2025-06-25 19:00