Vext Science

Phoenix, United States Founded: 2012 • Age: 14 yrs Listed
Cultivator and producer of cannabis-based products

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
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website vextscience.com
  • Social LinkedIn X
  • Legal Name Vext Science, Inc.
Key Metrics
  • Annual Revenue
    $52.42 M (USD)
    45.54
    as on Dec 31, 2025
  • Net Profit
    -$18.36 M (USD)
    18.2
    as 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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2023$75,000Post-IPO––
–
Feb 2021Post-IPO––
–
Jan 2020$5.5MPost-IPO––
–
Dec 2019$5.5MDebt – Conventional––
–
Jun 2019$4.58MPost-IPO––
–

People of Vext Science

8 people are tracked at Vext Science (7 in leadership, 1 in team).

NameRoleGroup
Thai Nguyen
FounderLeadership
Eric Offenberger
CEOLeadership
Aaron Hager
Director Of OperationsLeadership
Stephen Bankosz
Interim Chief Financial OfficerLeadership
Christopher Mussallem
Director of WholesaleLeadership
Stephen Davidowski, Ph.D.
Director of Research and DevelopmentLeadership
Mariah Lenander
Marketing DirectorLeadership
Erin Hansen
Financial ControllerTeam
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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

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
202571.8M CAD-25.1M CAD9.3M CAD
202449.3M CAD-30.7M CAD-1.6M CAD
202347.0M CAD5.9M CAD-2.1M CAD
202246.1M CAD14.2M CAD14.2M CAD
202146.7M CAD6.2M CAD15.7M CAD
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Detailed financial statements for Vext Science

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Herbal wellness products are provided by this center.
strawberryfieldscolumbus.comColumbus, United States0Mar 2024β€’β€’β€’β€’
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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.

  1. Founded Vext Science is founded.
  2. Funding First funding round of $4.6M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $75K.
  5. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
leaflink.com2015New York, United States$195.4M
Online marketplace platform for cannabis traders
confidentcannabis.com2014Palo Alto, United States$15.12M
Online platform for cannabis producers
leaf.trade2015Chicago, United States$22.57M
Online marketplace connecting licensed cannabis vendors and dispensaries
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Web traffic of Vext Science

The website of Vext Science (vextscience.com) receives about 1.8K visits a month.

  • Monthly visits
    1.8K

    ▲ 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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online marketplace platform for cannabis traders
2015New York, New York, United StatesUSD 195.4 M
Loyalty and marketing solutions for cannabis dispensaries are provided.
2012West Palm Beach, Florida, United StatesUSD 25.79 MUSD 22.83 M
An online marketplace for cannabis products is operated.
2017Bend, Oregon, United StatesUSD 603 M469
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Related news about 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.

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