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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.
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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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Vext Science, Inc. announces agreement to acquire two cannabis dispensaries in Ohio for $9.4 million.
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FAQ
What is the current stock price of VEXT SCIENCE (VEXTF)?
The current stock price of VEXT SCIENCE (VEXTF) is $0.1234 as of January 10, 2025.
What is the market cap of VEXT SCIENCE (VEXTF)?
The market cap of VEXT SCIENCE (VEXTF) is approximately 27.5M.
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
27.46M
61.23M
46.11%
0.36%
Drug Manufacturers - Specialty & Generic
Healthcare
United States of America
Phoenix