Vext Science, Inc. signed a letter of intent to acquire two cannabis dispensaries in Ohio from Big Perm?s DispensaryOhio, LLC for approximately $9.8 million.
October 01, 2023
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Vext Science, Inc. (CNSX:VEXT) signed a letter of intent to acquire two cannabis dispensaries in Ohio from Big Perm?s DispensaryOhio, LLC for approximately $9.8 million on October 2, 2023. The Ohio Expansion Transaction remains subject to a number of customary conditions, including, without limitation: the satisfactory completion of due diligence, the receipt of any required regulatory and third-party approvals, as well as the negotiation of definitive transaction documents. Vext Science, Inc. entered into an agreement to acquire two cannabis dispensaries in Ohio from Big Perm?s DispensaryOhio, LLC for approximately $9.4 million on October 16, 2023.
Vext Science, Inc. is a cannabis operator. The Companyâs expertise spans from cultivation through to retail operations in markets of Arizona and Ohio. It manufactures THC cartridges, concentrates, edibles and accessories under the Vapen brand, and hemp-based products under the Pure Touch Botanicals brand as well as the Vapen CBD and Herbal Wellness brands. It has THC concentrates, edibles, and distillate cartridge brands sold in various states dispensaries. It owns and operates cultivation facilities, fully built-out manufacturing facilities as well as dispensaries in both Arizona and Ohio. Additionally, it provides management, advisory, cultivation, and dispensary services to entities in the cannabis field through joint operations agreements. It also sells CBD products and branded merchandise. Vapen Brands product is the wholesale product and sold in its dispensaries. Vapen Brand is an edible and concentrate brand. The Company also owns cannabis dispensary in Columbus, Ohio.
Vext Science, Inc. signed a letter of intent to acquire two cannabis dispensaries in Ohio from Big Perm?s DispensaryOhio, LLC for approximately $9.8 million.