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 signed an agreement with Agtech PA LLC (“Agtech”) to exclusively produce and sell Wynk THC seltzers (“Wynk”) in Arizona (the “Agreement”). Wynk™ is currently partnering with processors across the country to become the first nationally-branded premium THC beverage company in the United States. Vext expects to begin selling Wynk during the second half of 2021.
Eric Offenberger, CEO of Vext commented, “Wynk’s unique portfolio of great tasting, microdosed seltzers fits perfectly within our growing beverage portfolio in Arizona, which includes Vapen branded syrups, and MAJOR cannabis–infused beverages1. Through its leading in-house Vapen brand, Vext has deep relationships with the vast majority of Arizonadispensaries, as well as a well-established distribution network and infrastructure in the state. As a result, we are ideally positioned to continue partnering with leading out-of-state brands to establish a presence in the Arizona market.”
Wynk is launching in three flavours: Lime Twist, Black Cherry Fizz, and Juicy Mango. Wynk is offered in 250ml serving sizes, with 2.5mg of THC and 2.5mg of CBD per can.
Under the Agreement, Agtech will provide all know-how, ingredients, equipment, and consumable and non-consumable raw materials required to produce Wynk. Vext will provide licensed space for the production and storage of products, supply THC distillate and produce beverages for sale. Vext and Agtech will share the profit on each unit sold, based on an agreed-upon formula.
For more details, visit VEXT’s investor website or contact the IR team at investors@vextscience.com.
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| 1 On July 6, 2021, Vext announced the signing of a Memorandum of Understanding with SōRSE Technology Corp. (“SōRSE”) to exclusively produce and sell SōRSE’s MAJOR cannabis-infused beverages in Arizona. Vext expects to begin selling MAJOR beverages in August 2021. |
About Wynk:
Each 8.4oz can of Wynk is a microdose of relaxation, without the hangover. Made with 2.5mg of both THC and CBD per can, you can drink up, chill out and expect a light buzz in about 20 minutes. Refreshing all natural flavors, sparkling with the essence of tempting fruit.
