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Ohio's Weed Enthusiasts Help This Cannabis Company's Bottom Line: 165% YoY Increase In Q3 Adjusted EBITDA
Thursday, November 21, 2024 - 11:28am | 484Cannabis operator with vertical operations in Arizona and Ohio Vext Science, Inc. (CSE:VEXT) (OTCQX:VEXTF) reported on its financial results Thursday for the period ended Sept. 30, 2024. “Vext’s performance in the third quarter of 2024 was a testament to the team’s disciplined...
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Vext Cannabis Co.'s Q2 Revenue Drops Over 8% YoY, But Top Cannabis Analyst Sees Ohio Market As Major Growth Driver
Tuesday, August 20, 2024 - 9:27am | 537In its second-quarter financial results for the period ended June 30, 2024, Vext Science, Inc. (CSE:VEXT) (OTCQX:VEXTF) reported a year-over-year drop in revenue from $9.2 million in the second quarter of fiscal 2023, to $8.4 million in this year's corresponding period. As a company with vertical...
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This Cannabis Co With Significant Growth Potential And Other Hot Weed Stocks Soon To Report Earnings, What Investors Need To Know Now
Friday, August 9, 2024 - 11:37am | 822Vext Vext Science, Inc. (CSE:VEXT) (OTCQX:VEXTF), a cannabis operator with vertical operations in Arizona and Ohio, said it will release its financial results for the second quarter ended June 30, 2024, before the market opens on Tuesday, Aug. 20, 2024. A conference call and webcast will take place...
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Cannabis Producer Vext Reports YoY Decline In Q1, Announces $2M Standby Credit Facility Ahead Of Ohio Rec Market Launch
Wednesday, May 29, 2024 - 9:34am | 607Cannabis operator with vertical operations in Arizona and Ohio, Vext Science, Inc. (CSE:VEXT) (OTCQX:VEXTF) reported its first quarter financial results on Wednesday for the three months ended March 31, 2024. “The first quarter of 2024 continued to present consumer-related challenges to all...
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This Cannabis Co. Expects Significant Growth Once Ohio's Retail Market Launches, Reports Slight YoY Decrease In 2023 Revenue
Friday, May 10, 2024 - 9:31am | 485Vext Science, Inc. (CSE:VEXT) (OTCQX:VEXTF), which runs vertical cannabis operations in Arizona and Ohio, reported its financial results on Friday for the period ended Dec. 31, 2023. Revenue for 2023 slightly dropped year-over-year to $34.8 million from $35.4 million in 2022. Fourth quarter revenue...
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Tough Q3 For Cannabis Co. Vext Science, But Ohio Rec Market Launch Holds Promise
Tuesday, November 28, 2023 - 10:04am | 855Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) reported on Tuesday its third quarter financial results for the three months ended Sept. 30, 2023, revealing an 11.8% sequential drop in revenue to $8 million. Eric Offenberger, CEO of Vext – a company with vertical cannabis operations in Arizona...
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Cannabis Company Consolidates Arizona Cultivation Footprint After Doubling Down In Ohio
Wednesday, October 18, 2023 - 1:13pm | 655Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) has signed a definitive agreement to sell its cannabis cultivation facility located in Prescott Valley, Arizona, to affiliates of Elevate Cannabis Co. for $6.5 million in cash. The Vancouver-based company expects the transaction to close by November 1,...
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Cannabis Company's Plan To Expand Operations In Ohio, A $10M Private Placement
Monday, October 2, 2023 - 6:10pm | 517Vext 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...
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Vext Science Q2 Revenue Grows 4.8% YoY, What About Income?
Wednesday, August 23, 2023 - 8:00am | 602Vext Science, Inc. (OTCQX: VEXTF) (CSE:VEXT) released its financial results for the period ended June 30, 2023, revealing revenue of $9.2 million, an increase of 4.8% compared to $8.8 million in Q2 2022, and an increase of 0.8% compared to $9.1 million in Q1 2023. Q2 2023 Financial Highlights...
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Vext Science Q1 Revenue Declines 15.6% YoY, What About Income?
Thursday, May 25, 2023 - 8:56am | 358Vext Science, Inc. (OTCQX: VEXTF) (CSE:VEXT) released its financial results for the period ended March 31, 2023, revealing revenue of $9.1 million a decrease of 15.6% compared to $10.8 million in Q1 2022. Gross profit of $4.7 million compared to $9.3 million in Q1 2022. Net income after taxes...
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Vext Science FY22 Revenue Declines 4.92% To $35.41M, What About Adjusted EBITDA?
Wednesday, March 22, 2023 - 8:15am | 513Vext Science, Inc. (OTCQX: VEXTF) (CSE: VEXT) FY 2022 revenue was $35.41 million, a decrease of 4.92% compared to $37.24 million in FY 2021. Financial Highlights FY 2022 gross margin before fair value adjustments was 59% compared to 44% in FY 2021. FY 2022 adjusted EBITDA was $15.12 million...
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Vext Science Revenue Declines 18% YoY, What About Adjusted EBITDA?
Thursday, November 17, 2022 - 9:23am | 395Vext Science, Inc. (OTCQX: VEXTF) (CSE:VEXT) revenue in the Q3 2022 was $7.7 million, a decrease of 18% compared to $9.4 million in Q3 2021, and a decrease of 12% compared to 8.8 million in Q2 2022. Gross profit was $4.9 million compared to $4.1 million in Q3 2021. Gross margin before fair...
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Cannabis Company Vext Science Secures $22.2M Credit Facility
Friday, July 8, 2022 - 9:29am | 332Vext Science, Inc. (OTCQX: VEXTF) (CSE:VEXT) a cannabinoid brand based in Arizona, leveraging its core expertise in extraction, manufacturing, cultivation and marketing to build a profitable multi-state footprint, has entered into an agreement with a California-based lender for a $22.2 million...
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Vext Science Cannabis Co. Buys 72,000 Sq.Ft. Cultivation Facility In Eloy, Arizona For $4.3M
Friday, June 25, 2021 - 1:20pm | 310Cannabis company Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) has purchased a 72,000 square foot vacant cultivation facility in Eloy, Arizona, for $4.3 million in cash. The Vancouver-based company said Friday that it expects to build out the facility to roughly 34,000 square feet under the canopy...
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Arizona Cannabis Brand Vext Science Reports Q1 Positive Adjusted EBITDA Of $3.1M
Wednesday, May 26, 2021 - 2:16pm | 466Cannabis company Vext Science, Inc. (OTCQX: VEXTF) (CSE: VEXT) released its first-quarter unaudited financial results on Wednesday with revenue of $9.16 million, compared to $4.1 million in the same period of 2020. Financial Highlights The company’s gross margin for the period was 45.4%,...