TechFlow news, July 2 — According to Decrypt, listed cannabis company Dogecoin Cash Inc. (formerly Cannabis Sativia, Inc.) announced the establishment of a wholly-owned subsidiary, Dogecoin Treasury Inc., dedicated to managing Dogecoin (DOGE) assets and supporting related development projects. The company plans to develop a "Dogecoin protocol" to align its DOGE-related technological efforts with broader business objectives. Previously, the company had accumulated approximately $6 million worth of DOG tokens (a BNB-chain-based meme coin). DOGE price fell nearly 5% in the past 24 hours to $0.158, down over 78% from its all-time high of $0.73 in 2021. The company's stock (DOGP) dropped 2% on the day, with a market cap of about $4 million.
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