Vext Continues Ohio Expansion with Sixth Dispensary Location in Fairfield
Secures a provisional license for sixth Ohio dispensary in Fairfield, with operations expected to begin in Q4 2025, subject to regulatory approvals.Demonstrates Vext's strategic approach to retail location selection, with the Fairfield dispensary located next to Jungle Jim's - a high-traffic regional anchor - as the Company advances toward Ohio's dispensary license cap of eight (8)[1].Continues to scale its vertically integrated presence in Ohio, positioning Vext to drive consistent cash flow and operating leverage, as additional retail stores are added...
2025-06-24 7:30 AM EDT
Vext Opens Fifth Ohio Dispensary in Portsmouth, Growing Retail Footprint in Key Ohio Market
Vancouver, British Columbia--(Newsfile Corp. - June 16, 2025) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company") a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that the Herbal Wellness Center cannabis dispensary in Portsmouth, Ohio (the "Dispensary") commenced operations and officially opened to the public on Friday, June 13, 2025. Located in southern Ohio along the Ohio River, the Dispensary marks the Company's fifth retail location in the state1, advancing Vext toward the state...
2025-06-16 7:30 AM EDT
Vext Announces Change of Auditor
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced it has changed its auditor from Reliant CPA (the "Former Auditor") to MNP LLP (the "Successor Auditor") effective June 4, 2025, until the close of the Company's next annual general meeting of shareholders.The Former Auditor resigned on its own initiative determining that the Company's continued growth and operational scale...
2025-06-05 5:30 PM EDT
Vext Delivers Record Q1 Performance: Achieves $3.1 Million in Operating Cash Flow on $11.6 Million in Revenue
Revenue grew 38% to $11.6 million compared to $8.4 million in Q1 2024, and up 13% sequentially from $10.2 million in Q4 2024, driven by growth in Ohio.Q1 2025 operating cash flow reached $3.1 million compared to $0.1 million in the same period last year and $3.3 million for all of fiscal 2024.The closing of the previously announced acquisition of dispensaries in Athens and Jeffersonville, subsequent to quarter end, doubled Vext's Ohio retail footprint to four (4) locations.Vancouver, British Columbia--(Newsfile...
2025-05-21 6:30 AM EDT
Vext to Announce Financial Results for Q1 2025 on May 21, 2025
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2025) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that it plans to release its financial results for the first quarter ended March 31, 2025, before market open on May 21, 2025.The Company will host a conference call and webcast on the same day, Wednesday, May 21, 2025, at 08:00 a.m. ET to discuss the financial...
2025-05-13 7:30 AM EDT
Vext Strengthens Balance Sheet and Sharpens Focus on Core Markets with Strategic Sale of Kentucky Medical Processing License
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2025) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertically integrated operations in Arizona and Ohio, today announced that Vapen Kentucky, LLC ("Vapen Kentucky"), a wholly owned subsidiary of Vext, together with its local partner, has entered into a definitive agreement (the "Sale Agreement") to sell a medical cannabis processing license in the state of Kentucky for gross proceeds to the Company of...
2025-04-04 7:30 AM EDT
Vext Completes Ohio Expansion Transaction, Expanding Ohio Retail Presence to Four Dispensaries
Vext now operates four retail dispensaries in Ohio's limited license market and remains on track to reach the state license cap of eight (8) total dispensaries, with new locations expected to open during 2025 and early 2026.Vancouver, British Columbia--(Newsfile Corp. - April 3, 2025) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company") a U.S.-based cannabis operator with vertically integrated operations in Arizona and Ohio, today announced that it has completed the acquisition of two cannabis dispensaries...
2025-04-03 7:30 AM EDT
Vext Delivers Solid Q4 Financial Results - Turning Point as Ohio Operations Gain Momentum
Q4 2024 marked Vext's strongest operating quarter in recent years, with growth across revenue, adjusted EBITDA, and cash flow.Revenue of $10.2 million in Q4 2024 (+13% QoQ), driven by Ohio adult-use sales and continued execution in Arizona.Adjusted EBITDA1 of $3.2 million in Q4 2024 (vs. $0.5 million in Q4 2023), reflecting profitability expansion as Ohio scaled, supported by operating leverage, continued efficiency, and disciplined cost control.Cash flow from operations turned positive in Q4 2024, reaching $4 million (vs. -$0.7 million...
2025-03-31 6:30 AM EDT
Vext to Announce Financial Results for Q4 and Fiscal 2024 on March 31, 2025
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2025) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that it plans to release its financial results for the period ended December 31, 2024, before market open on March 31, 2025. The Company will host a conference call and webcast on the same day, Monday, March 31, 2025, at 08:00 a.m. ET to discuss the...
2025-03-19 5:30 PM EDT
Vext Relocates and Expands Dispensary Located in Jackson, Ohio, Doubling Store's Retail Footprint
The new Herbal Wellness Center, now closer to central Jackson, Ohio, offers a broad product selection, and improves customer convenience with a drive-thru window.Vext remains well-positioned to continue to capture market share in Ohio, expecting to reach the state license cap of eight total dispensaries upon the closing of previously announced acquisitions1 and the receipt of additional licenses from the Ohio Division of Cannabis Control ("DCC") under the DCC's 10(B) license program.Vancouver, British Columbia--(Newsfile Corp. - February 13, 2025) -...
2025-02-13 7:30 AM EST
Vext Announces Voting Results of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("VEXT" or the "Company") a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced final voting results from its annual general meeting of shareholders held on December 13, 2024 in Vancouver, British Columbia (the "Meeting").The shareholders of the Company voted in favour of all matters included in the management information circular for the Meeting, demonstrating strong support for the matters brought before the...
2024-12-13 5:30 PM EST
Vext Secures Fifth Ohio Dispensary Location, Strengthening Retail Footprint
Vext's fifth Ohio dispensary, located in Portsmouth, is expected to commence operations in Q2 or Q3 of 2025, pending regulatory approvals.The Company expects to reach the state license cap of eight total dispensaries upon the closing of previously announced acquisitions[1] and the receipt of additional 10(B) licenses from the Ohio Division of Cannabis Control.Vext is focused on driving cash flow growth as major capital expenditures for its Ohio operations wind down, and production and retail operations ramp to full capacity.Vancouver,...
2024-12-11 5:30 PM EST
Vext Extends Engagement with Zuanic & Associates
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that it has entered into an agreement (the "Revised Services Agreement") with Zuanic & Associates ("Zuanic") to expand the services previously provided by Zuanic under its prior engagement. Pursuant to Revised Services Agreement, Zuanic will provide advisory, research and investor relations services to the Company over an...
2024-12-03 5:30 PM EST
Vext Provides Update on Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that it has sent the Management Information Circular, Notice of Meeting and proxy form (the "Meeting Materials") for the Company's upcoming Annual General Meeting to be held on December 13, 2024 (the "Meeting") to shareholders of the Company. Copies of the Meeting Materials have also been filed...
2024-11-25 7:30 AM EST
Vext Reports Solid Financial Results for Q3 2024
Generated $9.0 million in revenue and Adjusted EBITDA1 of $2.9 million, driven by early growth from rollout of adult-use sales in Ohio, market share gains in Arizona and disciplined cost control.Well positioned to continue to grow revenue and cash flow from fully vertically integrated Ohio footprint. Upon closing of previously announced acquisitions2 and completion of additional licensing under state law for the Tier 1 cultivation facility, Vext anticipates reaching the state dispensary license cap of 8, with dispensaries expected to...
2024-11-21 6:30 AM EST
Vext to Announce Financial Results for Q3 2024 on November 21, 2024
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that it plans to release its financial results for the third quarter ended September 30, 2024, before market open on November 21, 2024.The Company will host a conference call and webcast on the same day, Thursday, November 21, 2024, at 08:00 a.m. ET.CONFERENCE CALL DETAILSDate: November 21, 2024...
2024-11-07 7:30 AM EST
Vext Engages PartnerCap Securities, LLC
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that it has entered into an agreement dated effective as of September 23, 2024 (the "Services Agreement") with PartnerCap Securities, LLC ("PartnerCap"), an affiliate of Partner Capital Group, pursuant to which PartnerCap will provide a number of services which may be considered "Investor Relations Activities" under the...
2024-09-23 5:00 PM EDT
Vext Announces Financial Results for Q2 2024
Revenue of $8.4 million; Adjusted EBITDA1 of $1.1 million.With one of the largest footprints in Ohio amongst publicly traded peers, Vext is well-positioned to grow revenue and cash flow from operations following the August 6th launch of the adult-use program in the state.Vext's Ohio network currently includes a Tier 1 cultivation facility, a manufacturing facility, and two operating retail dispensaries. Upon closing of previously announced acquisitions2 and completion of additional licensing under state law for the Tier 1 cultivation facility,...
2024-08-20 6:30 AM EDT
Vext to Announce Financial Results for Q2 2024 on August 20, 2024
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that it plans to release its financial results for the second quarter ended June 30, 2024, before market open on August 20, 2024.The Company will host a conference call and webcast on the same day, Tuesday, August 20, 2024, at 08:00 a.m. ET.CONFERENCE CALL DETAILSDate: August 20, 2024...
2024-08-09 7:30 AM EDT
Vext to Commence Adult-Use Cannabis Sales in Ohio on August 6
The Company has an operating Tier I cultivation facility, manufacturing facility and two strategically located retail dispensaries in Jackson and Columbus with two more dispensaries in the pipeline1. As a Tier 1 Cultivator in Ohio, Vext is entitled to receive three additional adult-use licenses under rule 10(B), bringing its retail footprint in the state to seven. Vancouver, British Columbia--(Newsfile Corp. - August 2, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator...
2024-08-02 4:48 PM EDT