Medx Holdings Posts Strong Q3 Momentum and Reinforces Its Foundation Ahead of 2026 Expansion

Core Insights - MedX Holdings, Inc. reported strong third-quarter results with significant revenue growth and a return to operating profitability, setting the stage for expansion in 2026 [2][3] - LazyDaze achieved Q3 revenue of $568,177, more than doubling year-over-year, with nine-month revenue reaching $1.29 million, up over 130% from the previous year [3] - The company emphasizes a disciplined growth strategy and a business model built for regulatory compliance rather than exploiting loopholes [4][5] Financial Performance - LazyDaze's Q3 revenue of $568,177 represents a more than 100% increase year-over-year, while nine-month revenue of $1.29 million shows over 130% growth compared to the prior year [3] - The company achieved positive operating income for both the quarter and year-to-date, indicating a strengthening core business model [3] Strategic Initiatives - LazyDaze is focusing on reinforcing its operational infrastructure through various key initiatives, including enhancing financial controls, strengthening franchise support, and upgrading internal systems for better transparency and performance [5][8] - The company signed five new franchise agreements, expanding into markets such as Houston, San Marcos, and three additional locations in Maryland [6][8] Future Outlook - LazyDaze is preparing for a major expansion in 2026, focusing on disciplined and replicable growth in strategic markets [7][9] - The company aims to strengthen internal operations and deliver authentic cannabis-culture experiences that blend hospitality and high-margin product lines [9]