Vext Announces Exchange of $4.6 Million Debt for Common Shares
Vancouver, British Columbia--(Newsfile Corp. - December 27, 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, today announced that it has entered into definitive agreements (the "Conversion Agreements") with the holders (the "Debentureholders") of the Company's existing 11.25% secured non-convertible debentures (the "Debentures"), pursuant to which the Debentureholders will convert all...
2023-12-27 5:00 PM EST
Vext Announces Voting Results of Annual General Meeting and Strengthens Board
Adds accomplished executives Terry L. Creighton and Spiro A. Phanos to the Board of Directors Vancouver, British Columbia--(Newsfile Corp. - December 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, today announced final voting results from its annual general meeting of shareholders held on December 15, 2023 in Vancouver, British Columbia (the "Meeting"), including the election of...
2023-12-15 4:30 PM EST
Vext Reports Financial Results for Q3 2023
Generated revenue of $8.1 million and Adjusted EBITDA1 of $1.1 million.Reported 14th consecutive quarter of positive EBITDA1 and positive Adjusted EBITDA1Recorded cash flow from operations of $3.8 million YTD, marking 13 out of 14 consecutive quarters of positive cash flow from operations.On November 16th, closed the sale of Prescott Valley cultivation facility, generating $6.5 million in cash. Closed private placement on October 12th for net proceeds of $11.5 million, with insiders...
2023-11-28 6:30 AM EST
Vext to Announce Financial Results for Q3 2023 on November 28, 2023
Vancouver, British Columbia--(Newsfile Corp. - November 21, 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, today announced that it plans to release its financial results for the third quarter ended September 30, 2023, before market open on November 28, 2023.The Company will also host a conference call and webcast on Tuesday, November 28, 2023 at 8:00 a.m. ET to discuss its third...
2023-11-21 5:30 PM EST
Vext Completes Consolidation of Arizona Cultivation Footprint with Close of Prescott Valley Facility Sale
Vancouver, British Columbia--(Newsfile Corp. - November 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, today announced that the Company has completed the previously announced sale of its cultivation facility located in Prescott Valley, Arizona (the "Prescott Valley Facility") to affiliates of Elevate Cannabis Co. for $6.5 million in cash (the "Transaction"). Unless otherwise...
2023-11-16 6:30 AM EST
Vext Welcomes Ohio Approval of Adult-Use Cannabis Legalization
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2023) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical oper
2023-11-08 7:07 AM EST
Vext Announces Consolidation of Arizona Cultivation Footprint to Drive Continued Profitability
Vancouver, British Columbia--(Newsfile Corp. - October 18, 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, is pleased to announce that it has signed a definitive agreement (the "Sale Agreement") to sell its cultivation facility located in Prescott Valley, Arizona (the "Prescott Valley Facility") to affiliates of Elevate Cannabis Co. ("Elevate Cannabis") for $6.5 million in cash (the...
2023-10-18 6:30 AM EDT
Vext Agrees to Enter into Definitive Agreements to Acquire Two Additional Retail Locations in Ohio
Ohio.Vancouver, British Columbia--(Newsfile Corp. - October 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, is pleased to announce that it has reached agreement pending a regulatory review period on an...
2023-10-16 6:15 AM EDT
Vext Announces Closing of Private Placement Financing, Including Full Exercise of Over-Allotment Option
Vancouver, British Columbia--(Newsfile Corp. - October 12, 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, today announced that it has completed the previously announced non-brokered private placement of $11.5 million (the "Offering") through the issuance of 67,647,058 common shares of the Company ("Common Shares") at a price of $0.17 per Common Share, including the full exercise of a...
2023-10-12 5:26 PM EDT
Vext Announces Close of Ohio Acquisition, Solidifying its Vertically Integrated Position in the State
Ohio1Vancouver, British Columbia--(Newsfile Corp. - October 4, 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, today
2023-10-04 6:15 AM EDT
Vext Signs Agreement to Acquire Two Additional Ohio Retail Locations and Announces Concurrent Private Placement - Gives the Company a Scalable Footprint in a Large Growth Market
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 for this announcement and the previously announced Appalachian Pharm acquisition, Vext will have an operating Tier I cultivation facility, an operating manufacturing facility, and four retail dispensaries...
2023-10-02 6:17 AM EDT
Vext Reports Financial Results for Q2 2023 and Provides Update on Ohio Acquisition
Generated revenue of $9.2 million, EBITDA of $2.3 million and Adjusted EBITDA of $1.0 million.13th consecutive quarter of positive EBITDA1 and positive Adjusted EBITDA1.Regulatory approval received for the Company's previously announced acquisition of entities controlling a Tier I cultivation facility and an operating manufacturing facility in Ohio - on track to close prior to the end of August 2023.Ownership transfer of Columbus, Ohio dispensary expected to be approved by the end of 2023,...
2023-08-23 6:30 AM EDT
Vext to Announce Financial Results for Q2 2023 on August 23, 2023
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 Ohio1, today announced that it plans to release its financial results for the second quarter ended June 30, 2023, before market open on August 23, 2023.The Company will also host a conference call and webcast on Wednesday, August 23, 2023 at 8:00 a.m. ET to discuss its second quarter...
2023-08-16 2:49 PM EDT
Vext Appoints New CFO
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 Ohio1, reported that Stephan Bankosz has resigned as CFO and Corporate Secretary of the Company effective August 25, 2023 to pursue other opportunities. Vext will appoint experienced financial executive and operator Trevor Smith as CFO. In the coming weeks Mr. Bankosz will assist with...
2023-08-10 6:00 AM EDT
Vext Announces Financial Results for Q1 2023
Ohio dispensary and reported solid performance during first quarter under Vext ownership. Previously announced acquisition of vertically integrated Ohio operations on track to close towards the end of Q3 2023 and expected to bring continued growth for Vext in 2023.Vancouver, British Columbia--(Newsfile Corp. - May 25, 2023) - Vext Science, Inc. (CSE: VEXT) (OTCQX:...
2023-05-25 6:30 AM EDT
Vext to Announce Financial Results for Q1 2023 on May 25, 2023
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 Ohio1, today announced that it plans to release its financial results for the first quarter ended March 31, 2023, before market open on May 25, 2023.The Company will also host a conference call and webcast on Thursday, May 25, 2023 at 8:00 a.m. ET to discuss its first quarter financial...
2023-05-15 7:30 AM EDT
Vext Science to Participate in Upcoming Investor Conferences
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 Ohio1, announced today that it will be participating in two upcoming conferences:Benzinga Cannabis Capital Conference, between April 11 and 12, 2023. Vext's CEO Eric Offenberger will participate in a panel "Bigger Isn't Always Better: Operators Poised for Success" on the Playbook Stage at...
2023-04-05 8:17 AM EDT
Vext Generates Solid Operating Performance in Fiscal 2022 - Continued Growth in Adjusted EBITDA
Ohio operations are consolidated into its financial results1.Vancouver, British Columbia--(Newsfile Corp. - March 22, 2023) - Vext Sci
2023-03-22 6:30 AM EDT
Vext to Announce Financial Results for Q4 and Fiscal 2022 on March 22, 2023
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 Ohio1, today announced that it plans to release its financial results for the period ended December 31, 2022 before market open on March 22, 2023.The Company will also host a conference call and webcast on Wednesday, March 22, 2023 at 8:00 a.m. ET to discuss the financial results for the...
2023-03-06 7:30 AM EST
Vext Science Receives Certificate of Occupancy for 17,000 Square Feet Eloy, Arizona Cultivation Facility
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2023) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company") a U.S.-based cannabis operator with vertical operations in Arizona and Ohio1, today announced that it has been granted a Certificate of Occupancy by the City of Eloy for its 17,000 square foot cultivation space in Eloy (the "Facility"). The Company expects to begin planting during the second quarter of 2023, with a first harvest estimated in the third...
2023-02-23 7:30 AM EST