Welcome to our dedicated page for VEXT SCIENCE news (Ticker: VEXTF), a resource for investors and traders seeking the latest updates and insights on VEXT SCIENCE stock.
Vext Science, Inc. (VEXTF) is a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, specializing in cultivation, manufacturing, and retail of high-quality cannabis products. The company owns and operates cutting-edge cultivation and manufacturing facilities, alongside dispensaries, offering a range of award-winning products like Vapen™. Known for its commitment to quality and profitability, Vext's leadership team focuses on delivering a superior customer experience while driving shareholder value.
Rhea-AI Summary
Vext Science, Inc. (VEXT) reported Q3 2023 revenue of $8.1 million, marking the 14th consecutive quarter of positive EBITDA and positive Adjusted EBITDA. The company generated $6.5 million in cash from the sale of its Prescott Valley cultivation facility and completed a private placement for net proceeds of $11.5 million. Vext also announced agreements to acquire two retail dispensaries in Ohio, positioning the company for growth in the adult-use market expected in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.1%
Tags
-
Rhea-AI Summary
Vext Science, Inc. (VEXT) to Release Q3 2023 Financial Results on November 28, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
-
Rhea-AI Summary
VEXT - Vext Science, Inc. Announces Completion of $6.5 Million Sale of Arizona Cultivation Facility to Elevate Cannabis Co.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
Rhea-AI Summary
VEXT - Vext Science, Inc. comments on Ohio's approval of adult-use cannabis, highlighting the company's fully integrated footprint in Ohio and plans for expansion. CEO Eric Offenberger emphasizes the potential for growth in the state's robust adult-use market, with a focus on revenue and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
-
Rhea-AI Summary
Vext Science, Inc. has signed a definitive agreement to sell its cultivation facility in Prescott Valley, Arizona to affiliates of Elevate Cannabis Co. for $6.5 million in cash. The sale is aligned with Vext's strategy to match internal cultivation with demand from its dispensaries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.08%
Tags
-
News
Rhea-AI Summary
Vext Science, Inc. announces agreement to acquire two cannabis dispensaries in Ohio for $9.4 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.98%
Tags
Rhea-AI Summary
Vext Science, Inc. completes non-brokered private placement of $11.5 million through issuance of common shares. Proceeds to be used for Ohio Expansion Transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
Tags
-
Rhea-AI Summary
Vext Science completes acquisition of Appalachian Pharm Processing, expects ownership transfer of Columbus dispensary by end of 2023. Acquisition makes Vext a larger, more diverse operator in the Ohio market. Company paid $12.5 million for APP.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.94%
Tags
-
Rhea-AI Summary
Vext Science reports Q2 2023 financial results, with generated revenue of $9.2 million and positive EBITDA and Adjusted EBITDA for the 13th consecutive quarter. Regulatory approval received for acquisition of cultivation and manufacturing facilities in Ohio. Ownership transfer of Columbus dispensary expected by end of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.87%
Tags
Rhea-AI Summary
Vext Science, Inc. plans to release its financial results for Q2 2023 on August 23, 2023. The company will host a conference call and webcast to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.54%
Tags
FAQ
What is the current stock price of VEXT SCIENCE (VEXTF)?
The current stock price of VEXT SCIENCE (VEXTF) is $0.129 as of November 22, 2024.
What is the market cap of VEXT SCIENCE (VEXTF)?
The market cap of VEXT SCIENCE (VEXTF) is approximately 34.1M.
What is Vext Science, Inc. known for?
Vext Science, Inc. is renowned for its vertical operations in Arizona and Ohio, specializing in cultivation, manufacturing, and retail of high-quality cannabis products.
Where does Vext Science, Inc. operate?
Vext Science, Inc. is based in the U.S., with key operations in Arizona and Ohio, where they own and operate state-of-the-art cultivation facilities, manufacturing plants, and dispensaries.
What products does Vext Science, Inc. offer?
Vext Science, Inc. offers a variety of products, including award-winning THC concentrates, edibles, and distillate cartridges under the brand Vapen™. These products are known for their quality and popularity in Arizona and Ohio.
How does Vext Science, Inc. differentiate itself?
Vext Science, Inc. distinguishes itself through its focus on profitability, quality, and customer experience. The company's leadership team is dedicated to delivering value to shareholders while maintaining a strong presence in the cannabis market.
What is Vext Science, Inc.'s stock symbol?
Vext Science, Inc. is listed on the Canadian Securities Exchange under the symbol VEXT and trades on the OTCQX market under the symbol VEXTF.
VEXT SCIENCE INC
OTC:VEXTF
VEXTF Rankings
VEXTF Stock Data
34.05M
61.23M
45.8%
0.36%
Drug Manufacturers - Specialty & Generic
Healthcare
United States of America
Phoenix