Cannabis Company's Plan To Expand Operations In Ohio, A $10M Private Placement
Portfolio Pulse from Joana Scopel
Vext Science, Inc. (OTCQX:VEXTF) plans to acquire two cannabis dispensaries in Ohio from Big Perm's Dispensary Ohio, LLC for approximately $9.8 million. The company is also raising up to $10 million through a private placement of common shares to support its expansion. This comes ahead of the potential legalization of recreational cannabis in Ohio in November 2023.
October 02, 2023 | 10:10 pm
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Vext Science's planned acquisitions and private placement could bolster its presence in the Ohio cannabis market, potentially driving growth.
Vext Science's planned acquisitions and private placement are strategic moves to expand its presence in the Ohio cannabis market. With the potential legalization of recreational cannabis in Ohio in November 2023, these moves could position the company for significant growth. This could have a positive impact on the company's stock price in the short term.
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