Vext Science ( (TSE:VEXT) ) has provided an update.
Vext Science reported a strong Q4 2024, marked by significant growth in revenue, adjusted EBITDA, and cash flow, driven by the expansion of Ohio’s adult-use market and operational efficiency in Arizona. The company secured regulatory approval to acquire additional dispensaries in Ohio, positioning itself to double its retail footprint in the state by early 2026. This strategic expansion is expected to enhance Vext’s market share and profitability, as it continues to focus on driving free cash flow and maximizing shareholder value.
More about Vext Science
Vext Science, Inc. is a U.S.-based cannabis operator with vertical operations in Arizona and Ohio. The company focuses on the cannabis industry, providing products and services related to cannabis cultivation, processing, and retail sales. Vext is actively expanding its market presence in Ohio and Arizona, aiming to optimize its operations and increase market share.
Average Trading Volume: 30,469
Technical Sentiment Signal: Buy
Current Market Cap: $30.25M
Learn more about VEXT stock on TipRanks’ Stock Analysis page.