Vext Science, Inc. Transitions to New Auditor Amid Growth

Vext Science ( (TSE:VEXT) ) just unveiled an update.

Vext Science, Inc. has announced a change of auditor from Reliant CPA to MNP LLP, effective June 4, 2025. The change was initiated by the former auditor due to the company’s growth exceeding its audit practice’s scope. The new auditor, MNP LLP, is expected to better meet Vext’s financial reporting needs due to its greater public company experience. The transition is not associated with any reservations or reportable events, and has been approved by the board.

The most recent analyst rating on (TSE:VEXT) stock is a Buy with a C$0.50 price target. To see the full list of analyst forecasts on Vext Science stock, see the TSE:VEXT Stock Forecast page.

Spark’s Take on TSE:VEXT Stock

According to Spark, TipRanks’ AI Analyst, TSE:VEXT is a Neutral.

Vext Science’s overall score is driven by financial challenges, including profitability and cash flow issues, outweighing its strong earnings call performance and strategic expansion in Ohio. The technical indicators suggest a bearish trend, while valuation remains a concern due to negative earnings.

To see Spark’s full report on TSE:VEXT stock, click here.

More about Vext Science

Vext Science, Inc. is a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, specializing in cultivation, manufacturing, and retail. The company is known for its Vapen brand, which includes THC concentrates, edibles, and distillate cartridges. Vext focuses on growth in its core markets, leveraging cutting-edge science and marketing to enhance customer experience and shareholder value.

Average Trading Volume: 149,002

Technical Sentiment Signal: Sell

Current Market Cap: C$32.19M

Find detailed analytics on VEXT stock on TipRanks’ Stock Analysis page.