The King Of Ohio’s Recreational Cannabis Market? Here’s Why Investors Should Follow This Weed Stock
As Ohio begins recreational cannabis sales on August 6, Pablo Zuanic, senior analyst at Zuanic & Associates has initiated coverage of Vext Science (OTC: VEXTF) with an Overweight rating, highlighting the company’s significant growth potential.
Zuanic calculates that Vext has the most EBITDA torque among the 12 public multi-state operators (MSOs) in Ohio, projecting Vext’s EBITDA could grow six-fold by CY26, taking CY23 as the base year.
Ohio Market Projections: $2.36B In 2026
The Ohio market is expected to grow substantially with the start of recreational sales, potentially expanding 3-4 times the current medical market size.
Zuanic projects the Ohio market to reach a $1.85 billion annual run rate by the end of 2025 and $2.36 billion by the end of 2026.
This growth trajectory is based on conservative estimates, with per capita spending expected to reach $150 by the end of the first year of recreational sales …