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Vext Science Inc C.VEXT

Alternate Symbol(s):  VEXTF

Vext Science, Inc. is a cannabis operator. The Company’s 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.


CSE:VEXT - Post by User

Bullboard Posts
Post by TexadaTimewarpon May 14, 2019 7:26pm
460 Views
Post# 29747463

This is going to be big

This is going to be big
Just went public yesterday... REVENUES: Audited 2018 Rev of $25M/$8.4M EBITDA Projected 2019 Rev $117M/$39M EBITDA Projected 2020 Rev $319M/$80M EBITDA SHARE STRUCTURE: OUTSTANDING: 75M shares O/S breakdown: 5.9M shares at $1 private placement (Free trading) 5.1M shares held by Canadian private company 64M shares held by Insiders escrowed for 3 YEARS (CEO, President & CFO) TRADABLE FLOAT: Upon listing only 12M shares FULLY DILUTED: 80.9M shares FD breakdown: 3M Warrants at $0.25 2M Warrants at $1 900k Incentive options at $1 ADDITIONAL RAISES: Current cash position of $2M Current financing round open at $1 for $4M (4M Shares) All securities will be subject to the standard regulatory hold periods. (4 Months) Additional options: 200K Employees & Consultants at $1
Bullboard Posts