
About Vext Science
Vext Science is a publicly listed company based in Phoenix (United States) founded in 2012 by Thai Nguyen. Cultivator and producer of cannabis-based products. Vext Science has completed 1 acquisition, including Herbal Wellness Center. Its chief executive, as recorded, is Eric Offenberger. Its focus areas include HealthTech, Cannabis HealthTech, Cannabis Farming and Ecommerce. Its competitors include LeafLink, Confident Cannabis and Leaf Trade; 3 of its 3 listed competitors have raised funding.
Company details
Vext Science was established in 2012 in Phoenix, United States, within the cannabis sector. Operations encompass the cultivation of hemp, extraction processes, manufacturing of THC cartridges, concentrates, and edibles, as well as marketing of related accessories. These activities are conducted under the Vapen brand, with leadership provided by founder Thai Nguyen and CEO Eric Offenberger. The companys domain is vextscience.com.
- Headquarters Phoenix, United States
- Founders Thai Nguyen
- Stage Public
- SectorsHealthcare
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website vextscience.com
- Social LinkedIn X
- Legal Name Vext Science, Inc.
- Annual Revenue$52.42 M (USD)45.54as on Dec 31, 2025
- Net Profit-$18.36 M (USD)18.2as on Dec 31, 2025
- EBITDA$6.82 M (USD)as on Dec 31, 2025
- Latest Funding Round$75K (USD), Post-IPO
Oct 2023
- Investments & Acquisitions
Funding Insights of Vext Science
- Total Rounds 5
- Last Round Post-IPO β $75,000
- First Round $4.58M
(Jun 2019)
All 5 funding rounds of Vext Science with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $75,000 | Post-IPO | β | β | β |
| Feb 2021 | Post-IPO | β | β | β | |
| Jan 2020 | $5.5M | Post-IPO | β | β | β |
| Dec 2019 | $5.5M | Debt – Conventional | β | β | β |
| Jun 2019 | $4.58M | Post-IPO | β | β | β |
People of Vext Science
8 people are tracked at Vext Science (7 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Thai Nguyen | Founder | Leadership |
Eric Offenberger | CEO | Leadership |
Aaron Hager | Director Of Operations | Leadership |
Stephen Bankosz | Interim Chief Financial Officer | Leadership |
Christopher Mussallem | Director of Wholesale | Leadership |
Stephen Davidowski, Ph.D. | Director of Research and Development | Leadership |
Mariah Lenander | Marketing Director | Leadership |
Erin Hansen | Financial Controller | Team |
Complete people profiles for Vext Science
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IPO & Listings of Vext Science
Vext Science is a publicly listed company on the CSE with ticker symbol VEXT in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Feb 2021
- Listed onCSE: VEXT.WT.A
- Listed entityVext Science, Inc.
- Exchange sectorProcess industries
- ISINCA9255401064
- Share price0.23 CAD (-11.54% on the day) · 2026-10-13
- Market capitalisation56,972,621.00 CAD
- EPS (diluted, trailing year)-0.10 CAD
- Volume (last session)131,500
Financials of Vext Science
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 71.8M CAD | -25.1M CAD | 9.3M CAD |
| 2024 | 49.3M CAD | -30.7M CAD | -1.6M CAD |
| 2023 | 47.0M CAD | 5.9M CAD | -2.1M CAD |
| 2022 | 46.1M CAD | 14.2M CAD | 14.2M CAD |
| 2021 | 46.7M CAD | 6.2M CAD | 15.7M CAD |
Detailed financial statements for Vext Science
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Vext Science
Vext Science has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Herbal Wellness Center.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Herbal wellness products are provided by this center. | strawberryfieldscolumbus.com | Columbus, United States | 0 | Mar 2024 | β’β’β’β’ |
Complete acquisition details for Vext Science
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Vext Science
5 dated milestones of Vext Science across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Vext Science is founded.
- Funding First funding round of $4.6M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $75K.
- Acquisition Acquires Herbal Wellness Center.
Competitors of Vext Science
Vext Science has 3 listed competitors in our database, 3 of them funded. They include LeafLink, Confident Cannabis and Leaf Trade.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| leaflink.com | 2015 | New York, United States | $195.4M | Online marketplace platform for cannabis traders | ||
| confidentcannabis.com | 2014 | Palo Alto, United States | $15.12M | Online platform for cannabis producers | ||
| leaf.trade | 2015 | Chicago, United States | $22.57M | Online marketplace connecting licensed cannabis vendors and dispensaries |
Detailed competitors of Vext Science
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Web traffic of Vext Science
The website of Vext Science (vextscience.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 40.5% vs previous month
Top companies in Cannabis Health Tech Ecosystem
3 companies that operate in the same segment as Vext Science (Cannabis Health Tech Ecosystem) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online marketplace platform for cannabis traders | 2015 | New York, New York, United States | USD 195.4 M | |||
Loyalty and marketing solutions for cannabis dispensaries are provided. | 2012 | West Palm Beach, Florida, United States | USD 25.79 M | USD 22.83 M | ||
An online marketplace for cannabis products is operated. | 2017 | Bend, Oregon, United States | USD 603 M | 469 |
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Related news about Vext Science
Complete news archive for Vext Science
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Frequently Asked Questions about Vext Science
Vext Science was founded in 2012 and raised its 1st funding round 7 years after it was founded.
Vext Science is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Eric Offenberger is the CEO of Vext Science, as recorded in our data.
Annual revenue of Vext Science is $52.42M as on Dec 31, 2025.
Vext Science was established in 2012 in Phoenix, United States, within the cannabis sector. Operations encompass the cultivation of hemp, extraction processes, manufacturing of THC cartridges, concentrates, and edibles, as well as marketing of related accessories. These activities are conducted under the Vapen brand, with leadership provided by founder Thai Nguyen and CEO Eric Offenberger. The companys domain is vextscience.com.
Vext Science's top competitors include LeafLink, Confident Cannabis and Leaf Trade.
Yes, Vext Science is publicly traded on CSE under the ticker symbol VEXT.
Vext Science has made 1 acquisition, including Herbal Wellness Center.
