Vext today announced it has been granted a dual-use provisional license by the Ohio Division of Cannabis Control for a new dispensary in Fairfield, Ohio - marking the Company’s sixth location in the state. Eric Offenberger, CEO of Vext commented, "Fairfield is expected to be a meaningful contributor to long-term growth, supported by it's high-visibility location, limited competition, and convenient drive-thru format. We are particularly excited about the Dispensary's proximity to Jungle Jim's International Market - an iconic regional retail destination that enhances both visibility and customer traffic and look forward to serving the vibrant Fairfield community. Ohio continues to be a core market for Vext, and each new store further strengthens our ability to drive consistent results and value for shareholders." View more details in the press release: https://lnkd.in/gpEhGv2Z #VEXT #VEXTF
Vext Science
Health, Wellness & Fitness
Phoenix, Arizona 689 followers
Premium Cannabis and Hemp CBD Products
About us
Vext Science, Inc. is a U.S.-based cannabis operator. Vext’s expertise spans from cultivation through to retail operations in its core markets of Arizona and Ohio. Based out of Arizona, Vext owns and operates state-of-the-art cultivation facilities, fully built-out manufacturing facilities as well as dispensaries in both Arizona and Ohio. The company manufactures Vapen™, one of the leading THC concentrates, edibles, and distillate cartridge brands in Arizona. Its selection of award-winning products are created with Vext’s in-house, high-quality flower and distributed across Arizona and Ohio. CSE: VEXT | OTCQX: VEXTF
- Website
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http://www.vextscience.com
External link for Vext Science
- Industry
- Health, Wellness & Fitness
- Company size
- 201-500 employees
- Headquarters
- Phoenix, Arizona
- Type
- Public Company
- Founded
- 2012
- Specialties
- CBD Tinctures, CBD Edibles, CBD Pet Products, CBD Inhalers, CBD Lotions, CBD Balms, CBD Vape Oil, Broad Spectrum CBD, Hemp Oil, CBD Isolate, CBD Wholesaler, CBD Affiliate Program, and CBD White Label Products
Locations
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Primary
4126 W. Indian School Rd.
Phoenix, Arizona 85019, US
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Flughafenallee 26, Bremen
Bremen, Germany 28199, DE
Employees at Vext Science
Updates
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Vext Science today announced that Herbal Wellness Center in Portsmouth, Ohio commenced operations and officially opened to the public on Friday, June 13, 2025. The opening marks Vext's fifth cannabis dispensary in Ohio and reinforces the company’s retail-focused strategy, aimed at driving consistent cash flow and long-term shareholder value. For more details, access the full press release: https://lnkd.in/gG4gRvZ3 #VEXT #VEXTF #Ohio #Cannabis
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Vext Science delivered a record Q1 2025, demonstrating strong financial and operational execution. ➡️Revenue of $11.6M, up 38% YoY and 13% QoQ ➡️Operating cash flow of $3.1M, versus $0.1M in Q1 2024 and nearly equal to FY 2024 total of $3.3M "With a solid capital structure and strong operating cash flow, we're positioned to continue expanding in Ohio while systematically reducing debt - a combination that is focused on building equity value. This isn't about chasing brands; it's about executing a retail strategy that delivers superior unit economics and sustainable returns for shareholders. We will remain focused on building on this momentum through 2025," - Eric Offenberger, CEO of Vext. Refer to the press release for more details: https://lnkd.in/giQwUYeg #VEXT #VEXTF
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Vext Science will release its financial results for the period ended March 31, 2025, before market open on May 21, 2025. A conference call and webcast will be held the same day at 8:00 a.m. ET to discuss the results. More details here: https://lnkd.in/gY2MHVGB #VextScience #Cannabis #VEXT #VEXTF
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Join the Vext C-suite on April 23 at 2:00pm ET for an in-depth discussion on our vertically integrated, retail-driven footprint in Ohio and Arizona, insights into how we’re navigating the evolving cannabis landscape, and more. Register here: https://lnkd.in/gDNfVEtE #Cannabis #VextScience #VEXT #VEXTF
🚨 Webinar Invitation: Vext Science – Executive Briefing 🚨 Join us next Wednesday, April 23rd at 2:00 pm ET for an exclusive Zoom webinar featuring the C-suite of Vext Science. 🎙️ Speakers: Eric Offenberger, CEO/COO Trevor Smith Scott, CFO Scott Everett, General Counsel This is a unique opportunity to hear directly from Vext leadership on: ✅ Post-KY divestiture balance sheet ✅ Footprint in Ohio and Arizona ✅ Expansion plans in Ohio – timeline & capex ✅ Ohio adult-use rollout: rules & timing ✅ Hemp enforcement risk in AZ ✅ Potential Midwest expansion 📅 Wednesday, April 23rd, 2025 🕑 2:00pm ET 📍 Register for Zoom: https://lnkd.in/ejfq99qu 📺 Also streaming live on X (@420Odysseus) #Cannabis #VextScience #OhioCannabis #ArizonaCannabis #CannabisInvesting #ZuanicAssociates #pablozuanic
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Vext announced the sale of a medical cannabis processing license in Kentucky. “This transaction underscores our disciplined approach to capital allocation and strategic focus on maximizing returns in our core markets,” said Eric Offenberger, CEO of Vext. “By divesting the processing license in Kentucky, we are deepening our focus on our core operations in Arizona and Ohio, where we see the most compelling opportunities to drive long-term value. The proceeds of the sale strengthen our balance sheet and will support the build-out of our Ohio retail footprint as we continue to prioritize profitability and cash flow growth across our vertically-integrated operations.” More details here: https://lnkd.in/gEA2ziSr #VEXT #VEXTF #Cannabis
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This morning Vext announced that it has completed the Ohio Expansion Transaction doubling its retail footprint in the state. Ohio remains a key market for Vext, and the Company remains on track to reach the state license cap of eight dispensaries, with new locations expected to open in 2025 and early 2026. Find more details in the press release: https://lnkd.in/g4wWDkKU #VEXT #VEXTF #Ohio #Cannabis
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Vext Science has reported its Q4 and Fiscal 2024 financial results, marking its strongest operating quarter in recent years. The Company delivered growth across revenue, adjusted EBITDA, and cash flow, reflecting the strength of its operations and disciplined execution. Details here: https://lnkd.in/gNReaWKB Vext will host a conference call and webcast today at 8:00 a.m. ET to discuss its fourth quarter and full-year 2024 financial results. Listen to the webcast here: https://lnkd.in/gtNqzAF7 #VEXT #VEXTF
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Vext Science will release its financial results for the period ended December 31, 2024, before market open on March 31, 2025. A conference call and webcast will be held the same day at 8:00 a.m. ET to discuss the results. Learn more here: https://lnkd.in/g7BGwUck #VextScience #Cannabis #VEXT #VEXTF
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Vext has relocated and doubled the size of its Herbal Wellness Center dispensary in Jackson, Ohio. Situated in a more central location within Jackson, the new dispensary features an expanded retail space and inventory capacity, offers patients and customers a wide product selection and improves service through a convenient drive-thru window. Read more: https://lnkd.in/g45FqmbN #VEXT #VEXTF
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