Vext Science Expands Ohio Footprint with Acquisition

Vext Science (TSE:VEXT) has released an update.

Vext Science has bolstered its market presence in Ohio by completing a $2.6 million acquisition of a dispensary property in Athens, Ohio, marking a significant milestone in their Ohio Expansion Transaction. The deal was financed with $0.9 million in cash and a $1.7 million promissory note, maturing in 2034 with a 7% annual interest rate. This strategic move is set to enhance Vext’s operational footprint in the state, with plans to finalize the acquisition of two Ohio dispensaries by the end of 2024.

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