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Vext Science - VEXTF STOCK NEWS

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.

Overview of Vext Science, Inc. (Symbol: VEXTF)

Vext Science, Inc. is a U.S.-based cannabis operator with a vertically integrated business model, focusing on cultivation, manufacturing, and retail operations in the key markets of Arizona and Ohio. The company has established itself as a leader in producing high-quality cannabis products and operating profitable dispensaries, leveraging its expertise to deliver a consistent and reliable customer experience.

Core Business Model

Vext operates across the entire cannabis value chain, from cultivation to retail. Its state-of-the-art cultivation facilities ensure the production of premium cannabis flower, which serves as the foundation for its diverse product portfolio. The company’s manufacturing operations are centered around the production of its flagship brand, Vapen™, which includes THC concentrates, edibles, and distillate cartridges. These products are distributed through its own dispensaries and strategic partnerships in other states.

Geographic Focus

Vext’s operations are concentrated in two core states:

  • Arizona: A mature cannabis market where Vext has built a strong presence through its cultivation, manufacturing, and retail operations.
  • Ohio: A limited-license market with significant growth potential. Vext has strategically expanded in Ohio, operating cultivation and manufacturing facilities and multiple dispensaries. The company is actively working towards reaching the state’s dispensary license cap of eight locations.

Competitive Positioning

Vext differentiates itself through its focus on operational efficiency, disciplined cost management, and strategic market selection. By targeting non-urban locations with limited competition and a stable customer base, the company maximizes profitability and market share. Its vertically integrated model allows for tighter control over quality and costs, enhancing its competitive edge.

Product Portfolio

The company’s product line, led by the award-winning Vapen™ brand, includes:

  • THC concentrates
  • Edibles
  • Distillate cartridges
  • High-quality flower

These products are crafted using in-house cultivated cannabis and are distributed across Arizona, Ohio, and other states through partnerships.

Operational Excellence

Vext has been profitable since 2016, a testament to its disciplined approach to growth and cost management. The company’s leadership team brings extensive experience in building and operating multi-state cannabis operations. By focusing on cash flow generation and minimizing capital expenditures, Vext ensures sustainable growth and shareholder value.

Industry Dynamics

Operating in the highly regulated cannabis industry, Vext navigates challenges such as state-specific regulations, pricing pressures, and evolving market dynamics. Its focus on compliance and strategic market positioning enables it to mitigate risks and capitalize on growth opportunities in the burgeoning cannabis market.

Conclusion

Vext Science, Inc. stands out as a disciplined and profitable cannabis operator with a strong focus on quality, efficiency, and strategic growth. Its vertically integrated model, combined with a proven track record in Arizona and Ohio, positions the company as a reliable player in the evolving U.S. cannabis industry.

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Vext Science, Inc. receives regulatory approval and closes debenture conversion transaction. Insider shareholder Sopica Special Opportunities Fund Limited acquires 24,087,500 common shares.
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Vext Science, Inc. completes the acquisition of a cannabis dispensary in Columbus, Ohio, positioning itself for growth in the $4 billion Ohio market. The company pays approximately $3 million for the Columbus Dispensary, enhancing its vertical operations in the state.
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Vext Science, Inc. has entered into an agreement with Zuanic & Associates to participate in US cannabis industry panels, aiming to raise public awareness of the company. The initial term of the agreement is six months.
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Vext Science, Inc. announces the transition of Jason Thai Nguyen from his executive positions with the company while remaining on the board of directors. The settlement agreement details the extended payment period for Mr. Nguyen's cash severance amount. Additionally, an amendment to the promissory note, and a shareholders agreement with certain management shareholders and other shareholders of the company has been made.
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Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) announced the addition of Terry L. Creighton and Spiro A. Phanos to its Board of Directors. Shareholders voted in favor of all matters at the annual general meeting, with each resolution passing with over 96% of the votes cast. The new directors bring leadership capabilities, operating experience, and deep expertise from the pharmaceutical and financial sectors.
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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.
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Vext Science, Inc. (VEXT) to Release Q3 2023 Financial Results on November 28, 2023
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VEXT - Vext Science, Inc. Announces Completion of $6.5 Million Sale of Arizona Cultivation Facility to Elevate Cannabis Co.
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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.
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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.
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FAQ

What is the current stock price of Vext Science (VEXTF)?

The current stock price of Vext Science (VEXTF) is $0.1065 as of March 6, 2025.

What is the market cap of Vext Science (VEXTF)?

The market cap of Vext Science (VEXTF) is approximately 29.5M.

What does Vext Science, Inc. do?

Vext Science is a vertically integrated cannabis operator specializing in cultivation, manufacturing, and retail operations in Arizona and Ohio.

What is the Vapen™ brand?

Vapen™ is Vext's flagship product line, offering THC concentrates, edibles, distillate cartridges, and high-quality flower.

Where does Vext Science operate?

Vext operates in Arizona and Ohio, focusing on cultivation, manufacturing, and retail dispensaries in these key markets.

What differentiates Vext Science from competitors?

Vext focuses on non-urban markets, operational efficiency, and a vertically integrated model, allowing it to control quality and costs effectively.

Is Vext Science profitable?

Yes, Vext has been operating profitably since 2016, emphasizing disciplined cost management and cash flow generation.

What is Vext's growth strategy?

Vext aims to expand its retail footprint in Ohio to reach the state’s dispensary license cap while optimizing its operations in Arizona.

What challenges does Vext face in the cannabis industry?

Vext navigates challenges such as state-specific regulations, pricing pressures, and the evolving dynamics of the cannabis market.

How does Vext ensure product quality?

Vext uses in-house cultivated cannabis and state-of-the-art manufacturing facilities to produce high-quality products under the Vapen™ brand.
Vext Science

OTC:VEXTF

VEXTF Rankings

VEXTF Stock Data

29.50M
61.23M
46.11%
0.36%
Drug Manufacturers - Specialty & Generic
Healthcare
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United States
Phoenix