Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF), a U.S.-based cannabis operator, is making strategic moves to bolster its presence in the burgeoning Ohio cannabis market.
The company has entered into a letter of intent (LOI) to acquire two cannabis dispensaries in Ohio, along with all related licenses and assets, from Big Perm's Dispensary Ohio, LLC. The total consideration for this expansion is approximately $9.8 million, subject to adjustments, per a press release.
See Also: Ohio's Potential Cannabis Goldmine: $400M In Annual Tax Revenue And Thousands Of Jobs
Expanding Footprint In Ohio
- With the impending recreational legalization ...