Mr. Eric Offenberger reports

VEXT PROVIDES OPERATIONAL UPDATE ON JACKSON, OHIO DISPENSARY

Vext Science Inc. has voluntarily closed its Herbal Wellness Center dispensary located in Jackson, Ohio, at the request of the Ohio Division of Cannabis Control pending the DCC's investigation into two serious adverse health events that the DCC believes involve individuals who may have purchased products from the Jackson dispensary.

To date, Vext has not been provided with specific information concerning the individuals involved, the products allegedly used, the dates or circumstances of any purchases, or any other information that would allow the company to independently assess the reported medical events or determine whether there is any connection between such events and Vext products. At this time, the company is not aware of any substantiated evidence establishing that any Vext product caused or contributed to either reported medical event.

The company is fully co-operating with the DCC's continuing investigation. As part of that co-operation, Vext has provided product samples for independent testing and has voluntarily quarantined certain product lines across its Ohio retail and manufacturing locations pending the results of such testing. All inventory has previously passed all mandated state-licensed laboratory testing.

Eric Offenberger, chief executive officer of Vext, stated: "The health and safety of our customers is our highest priority. Our facilities and products are routinely inspected and tested in accordance with applicable regulatory requirements, and we are confident that our products are safe when used as intended. We take these reported events seriously and are committed to full co-operation with the Division of Cannabis Control as it conducts its investigation. We look forward to resolving this matter and restoring service to our Jackson customers as soon as possible."

The company's other facilities in the state of Ohio, including its five other dispensaries and its cultivation facility, continue to operate and are not currently subject to any DCC inquiry. The company will provide further information regarding the investigation as additional information becomes available.

About Vext Science Inc.

Vext Science is a specialty retailer operating in the regulated cannabis markets of Ohio and Arizona. The company owns its dispensaries and the majority of its real estate, supplying its shelves from its own cultivation and manufacturing where integration improves retail economics, and through third party sourcing where it does not. Vext generates among the highest free cash flow margins in the U.S. retail cannabis industry and applies a disciplined capital allocation framework, directing capital to its highest-returning uses while building long-term shareholder value.

Vext Science is listed on the Canadian Securities Exchange under the symbol VEXT and trades on the OTCQX market under the symbol VEXTF.

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