MedX Holdings, Inc. (OTC: MEDH) Med X Holdings Q2 2025 Investor Update: We're at an Inflection Point

Core Insights - MedX Holdings reported a sales increase in Q2 2025, projecting approximately $1.5 million in revenue for the full year [2][3] - The company is advancing its lounge pipeline, with Las Vegas nearing approvals and new franchise developments in Houston [3][5] - The Leaf-trak technology platform is transitioning from development to rollout, aimed at enhancing operational efficiency in lounges [4][5] Financial Performance - Q2 2025 sales growth indicates a positive trajectory, with the company on track for ~$1.5 million in FY25 revenue [2][5] - Continued sales growth and traction in New Mexico's recreational market are highlighted as key performance indicators [7] Business Development - The Las Vegas consumption lounge is progressing towards opening, pending final drawings and approvals [5][6] - Houston is set to welcome new Lazydaze franchisees, targeting a Q4 2025 or early 2026 opening [5][6] - Active negotiations for lounge deals in Florida and California are ongoing [5][6] Technology and Innovation - Leaf-trak is designed specifically for lounges, focusing on hospitality economics and compliance, with a pilot expected in Q3 and commercial launch in Q4 2025 [4][5] - The platform aims to integrate payment processing and enhance customer service through online ordering and pickup options [5] Regulatory Environment - The company has navigated regulatory challenges in Texas and sees positive signals at the federal level regarding cannabis rescheduling [5][11] - Anticipated regulatory changes could improve capital access and institutional participation in the cannabis industry [5] Strategic Vision - MedX Holdings is positioning itself to capitalize on the shift from cannabis prohibition to a regulated market, focusing on strategic capital and partnerships [8][9] - The company aims to build a comprehensive portfolio in cannabis retail, hospitality, and technology through its subsidiaries [9][10]