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Vext Science ( (TSE:VEXT) ) has issued an announcement.
Vext Science has secured a provisional dual-use license for a new dispensary on the west side of Columbus, Ohio, marking its seventh retail location in the state and second in the Columbus market. The store, designed as a standalone facility with a drive-thru near the I-270 beltway, will serve a growing residential area with limited nearby cannabis retail options.
Construction on the Columbus site is expected to begin in March, with operations targeted for the fourth quarter of 2026 at an estimated total cost of about $3.3 million. With five Ohio dispensaries already operating, a sixth in Fairfield slated to open in the second quarter of 2026, and plans for an eighth site identified, Vext is moving toward the state’s eight-store cap, aiming to leverage its Tier 1 cultivation and manufacturing base to enhance margins and cash flow as its Ohio footprint scales.
The most recent analyst rating on (TSE:VEXT) stock is a Hold with a C$0.30 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 positive technical momentum and earnings call insights, despite weak financial performance and valuation. Revenue growth and cash flow improvements are promising, but profitability challenges and market pressures in Arizona weigh heavily on the score.
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 vertically integrated operations in Arizona and Ohio. The company’s activities span cultivation, manufacturing and retail dispensaries, with a focus on both medical and adult-use cannabis in key growth markets such as Columbus, Jackson, Athens, Jeffersonville, Portsmouth and Fairfield in Ohio.
Average Trading Volume: 55,584
Technical Sentiment Signal: Sell
Current Market Cap: C$58.21M
Find detailed analytics on VEXT stock on TipRanks’ Stock Analysis page.