Vext Science Inc
CNSX:VEXT
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We don't have any information about VEXT's insider trading.
Vext Science Inc
Glance View
Vext Science, Inc. engages in the cultivation, extraction, and wholesale distribution of cannabis products. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2019-05-13. The firm utilizes a vertical integration business model to execute all aspects of cultivation, extraction, manufacturing (tetrahydrocannabinol (THC) and cannabidiol (CBD) cartridges, concentrates, edibles), retail dispensary, and wholesale distribution of cannabis THC and hemp CBD products. The company provides these management and marketing services in Arizona to two licensed dispensaries. The firm has developed a standard operating procedures (SOPs) to produce a full line of branded flower, Vapen branded THC and CBD distillates, concentrates, extracts, and edibles. The company operates a service business for cannabis cultivation and processing located in the State of Arizona. The firm's products produced under contract are sold through Herbal Wellness Center and Organica Patient Group Medical Marijuana Dispensary, both licensed not-for-profit dispensaries located in Phoenix, Arizona.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.