VEXTF - Vext Science: Scaling Up for Adult Cannabis Use in Arizona
2024-03-27 17:08:02 ET
The U.S. cannabis market is estimated to be worth 30 billion dollars nationwide by 2024
Vext Science is a vertically integrated US Cannabis, THC and hemp cannabinoid products company. They manufacture THC cartridges, concentrates, edibles, and accessories under the Vapen™ Brand. Further they make hemp based products under the Pure Touch Botanicals brand as well as the Vapen CBD brand.
"We were one of the first in the vaping space. We have the Vapen Brand and it's well-established," says CEO and COO, Eric Offenberger.
Based in Arizona, Vext Science, has one of the leading THC concentrates, edibles, and distillate cartridge brands sold in most of the state’s 100+ dispensaries. Moreover, Herbal Wellness Center dispensaries are among Arizona’s leading dispensaries and Vext executes all aspects of the cultivation, extraction, edibles infusion and manufacturing processes which insures a product of the highest quality and purity. Quality, accessibility and efficacy are among their most essential core values.
Vext Science continues to grow and expand throughout the U.S. and internationally. In fact, the company uses its knowledge, experience and expertise in extractions, product manufacturing, and marketing, including through various revenue and profit-sharing joint venture partnerships.
Additionally, Vext stands by their products always being 100 percent pure. "The patients look for us. We've been very fortunate to have influencers that have taken our product, like our product, and talk highly of it. We've been operating profitable since 2016," says Offenberger.
Offenberger believes that if the Arizona market behaves like other markets when recreational or adult use come into play, that they'll see between three to five times growth over the next 12 to 18 months period of time."We're currently doing construction projects to expand our capacities, our grows, our efficiencies of distribution and be prepared for it. So, we're ready," states Offenberger.
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