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Vext Science (OTC:VEXTF) Stock, Option Chain

Vext Science Inc provides management, advisory, cultivation, and dispensary services to entities in the medical cannabis field. The company's expertise spans from cultivation through to retail operations. Its revenue sources include management fees, professional services, product sales, equipment leasing and property leasing. The company's operations consist of a single operating segment engaged in the cultivation, manufacturing, distribution and sale of cannabis within the United States.

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VEXTF

85% of the companies analyzed by Beacon Securities achieved positive adjusted EBITDA for the quarter, an increase from 81% in Q2. 

85% Of Cannabis Companies Report Positive Earnings, But Not All Are Winning - See Who&#39;s Leading

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According to LeafLink, over the next 2-3 years, 5,000 non-MSO retailers are projected to open in key states, increasing store counts by 70%.

Federal Policy Could Add $3 Billion To Cannabis Industry: On Track To Reach $55 Billion By 2030

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Earnings

CSE:VEXT

Cannabis operator with vertical operations in Arizona and Ohio Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) reported on Thursday its financial results for the period ended Sept. 30, 2024. &#34;Vext&#39;s performance in the third quarter of 2024 was a testament to the team&#39;s disciplined execution amid persistent macroeconomic headwinds,&#34; Eric Offenberger, CEO of Vext, said. &#34;Our solid Adjusted EBITDA results reflect both the transition to adult-use sales in Ohio, as well as our focus on maintaining strict cost control. Despite a challenging economic climate and typical third-quarter seasonality and pricing pressures in the Arizona market with the ongoing supply-demand imbalance, we&#39;re pleased to report that our economic unit volumes remain strong.&#34;

Ohio&#39;s Weed Enthusiasts Help This Cannabis Company&#39;s Bottom Line: 165% YoY Increase In Q3 Adjusted EBITDA

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Vext Science

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