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Ownership transfer of Columbus, Ohio dispensary expected to be approved by the end of 2023 Upon closing of the recently announced Ohio Expansion Transaction , Vext will have an operating Tier I cultivation facility, an operating manufacturing facility, and four strategically located ret...
With recreational legalization on the ballot in Ohio's general election in November 2023, this proposed transaction will position Vext with a meaningful footprint in the state and the scaled retail presence necessary to generate sustainable long-term returns as the market matures. Pro Forma f...
Generated revenue of $9.2 million, EBITDA of $2.3 million and Adjusted EBITDA of $1.0 million. 13 th consecutive quarter of positive EBITDA 1 and positive Adjusted EBITDA 1 . Regulatory approval received for the Company's previously announced acquisition of entities contr...
Vancouver, British Columbia--(Newsfile Corp. - August 16, 2023) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company") a U.S.-based cannabis operator with vertical operations in Arizona and Ohio 1 , today announced that it plans to release its financial results fo...
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2023) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) (" Vext " or the " Company ") a U.S.-based cannabis operator with vertical operations in Arizona and Ohio 1 , reported that Stephan Bankosz has resigned as CFO and Corporate Secreta...
Revenue of $9.1 million, Adjusted EBITDA of $2.9 million, Adjusted EBITDA Margin of 32%. Generated positive EBITDA of $1.6 million. Expanded retail footprint through the acquisition of Jackson, Ohio dispensary and reported solid performance during first quarter under Vext ownership. Pre...
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2023) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio 1 , today announced that it plans to release its financial results for the f...
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2023) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company") a U.S.-based cannabis operator with vertical operations in Arizona and Ohio 1 , announced today that it will be participating in two upcoming conference...
Demonstrates ability to drive consistent operating performance even against a challenging consumer backdrop - 2022 Revenue of $35.4 million; Adjusted EBITDA of $15.1 million (+12.8% vs. 2021). Q4 Revenue and Adjusted EBITDA of $8.2 million and $3.2 million, respectively. 2023 expected to br...
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio 1 , today announced that it plans to release its financial results for the ...
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Revenue of $8.4 million; Adjusted EBITDA 1 of $1.9 million. With launch of adult-use program in Ohio anticipated to occur in the near term, Vext will benefit from its vertically-integrated position in the state. Announced $2 million standby credit facility, providing additional liquid...
Vancouver, British Columbia--(Newsfile Corp. - May 24, 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 first...
2023 Revenue of $34.8 million; Adjusted EBITDA 1 of $5.5 million; EBITDA 1 of $16.6 million. Generated YTD cash flow from operations of $4.4 million. Anticipated launch of adult-use program in Ohio expected to drive significant growth for Vext. On closing of Ohio Expansion Transac...