Vext Secures Ownership in Manufacturing License in Ohio – Moves the Company Toward Vertical Integration in the State – Yahoo Finance

Through its joint venture partner Appalachian Pharm Processing, LLC, an Ohio limited liability company (“APP”), Vext has received approval from the State of Ohio and been granted ownership of an operating manufacturing facility in Jackson, Ohio.

Vext, through another affiliated joint venture partner (the “Joint Venture”), presently has an agreement in placei to acquire an operating Ohio dispensary license (the “Ohio Dispensary”). The Joint Venture will be able to apply to the Ohio regulators for a transfer of ownership of the Ohio Dispensary beginning in July 2022.

Vext’s wholly owned Vapen™ line of products is already available in a majority of dispensary locations in Ohio, through the Company’s partnership with APP.

VANCOUVER, BC, Oct. 18, 2021 /CNW/ – Vext Science, Inc. (“Vext” or the “Company”) (CSE: VEXT) (OTCQX: VEXTF) a cannabinoid brand leader based in Arizona, leveraging its core expertise in extraction, manufacturing, cultivation, and marketing to build a profitable multi-state footprint, today announced that it has received approval to have ownership of a manufacturing operation in Ohio, through a 37.5% ownership interest in APP. In July 2022, the Company expects to apply to the Ohio regulators, through another affiliated joint venture partner (the “Joint Venture”), to transition an operating cannabis

Read More Here…

Share on facebook
Share on twitter
Share on reddit
Share on pinterest
Share on email

Bud Digest

This entry was posted in Vaporizer E-Cigarette Stocks News. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback.

Leave a Reply

Your email address will not be published. Required fields are marked *

Your email address will never be published.