Mr. Eric Offenberger reports

VEXT SECURES EIGHTH OHIO DISPENSARY LOCATION, REACHING THE STATE MAXIMUM

Vext Science Inc. has been granted a dual-use provisional licence by the Ohio Division of Cannabis Control (DCC) for its eighth Ohio cannabis dispensary, to be located in Amelia, Ohio.

The dispensary will be located in Amelia, in Clermont county, on the eastern side of greater Cincinnati, along one of the area's primary commercial corridors. The corridor is an established retail destination, home to national grocery, restaurant and entertainment tenants, a short drive from I-275, with significant new residential development planned nearby. Together with the company's Fairfield dispensary, which opened in June, 2026, north of Cincinnati, the dispensary will give Vext two locations serving the greater Cincinnati market, one of the largest population centres in Ohio.

The dispensary is the third and final location approved for Vext under the DCC's 10(B) licence program, following Fairfield and the company's second Columbus location at 4410 Roberts Rd. The provisional licence authorizes the company to begin construction of the facility. The company intends to obtain construction permits and commence the project immediately, with a goal to open the dispensary by the end of the third quarter of 2027, subject to regulatory approvals.

Eric Offenberger, chief executive officer of Vext, commented: "Amelia is our eighth Ohio dispensary, the most the state allows a single operator, and, together with Fairfield, it gives us two stores serving greater Cincinnati. With our second Columbus store opening in the first quarter of 2027 and Amelia by the end of the third quarter, we expect to have our full Ohio network open in 2027. That's when we expect the model to really pay off: eight stores selling the products we grow and make in Jackson, more volume running through facilities we've already built, and more of every sales dollar turning into cash. Every store we've added in Ohio has come from the same discipline of putting our capital where it earns the best return, and Amelia completes that footprint."

Vext currently operates six dispensaries in Ohio, supported by its Tier 1 cultivation and manufacturing facilities in Jackson, Ohio.

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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