Agrify Corporation (AGFY) News
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Latest AGFY News From Around the Web
Below are the latest news stories about AGRIFY CORP that investors may wish to consider to help them evaluate AGFY as an investment opportunity.
Señorita Becomes the Exclusive Hemp-Derived THC Beverage Partner for The Salt Shed, Chicago’s Premier Music VenueAgrify’s Award-Winning THC Margarita Becomes the First Hemp-Derived THC (HD9) Beverage Served at The Salt Shed Señorita Señorita TROY, Mich., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY), a leading provider of branded innovative solutions for the cannabis and hemp industries, today announced that it is the exclusive partner for hemp-derived THC (HD9) beverages at the Salt Shed, the iconic Chicago music venue run by hospitality collective 16” on Center. As a part of the lar |
Agrify Closes Sale of its Cultivation BusinessMove Further Simplifies the Company’s Business Model and Balance SheetTROY, Mich., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative solutions for the cannabis and hemp industries, today announced the Company has signed an agreement for and closed the sale of its cultivation business to CP Acquisitions, LLC (“CP”), an entity affiliated with Raymond Chang, the Company’s former Chairman and Chief Executive Offi |
Is Agrify Corporation (NASDAQ:AGFY) the Best Vertical Farming and Hydroponic Stock to Invest In Now?We recently compiled a list of the 8 Best Vertical Farming and Hydroponic Stocks to Invest In. In this article, we are going to take a look at where Agrify Corporation (NASDAQ:AGFY) stands against the other vertical farming and hydroponic stocks. Vertical farming refers to producing food in vertically stacked layers, like in a used warehouse, skyscraper, […] |
Agrify Corporation Closes on Acquisition of SeñoritaTROY, Mich., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative solutions for the cannabis and hemp industries, has closed on its previously announced acquisition of certain assets from Double or Nothing LLC, the owner and creator of the Señorita brand of hemp-derived THC (“HD9”) drinks. “This is great news for Agrify shareholders! We believe Señorita is the best tasting drink in the fastest growing, most exci |
Weekly Roundup on the Cannabis Sector & Psychedelic SectorKey Takeaways; Cannabis Sector Agrify secured $25.9 million through non-brokered private placement Cannabis giant StateHouse Holdings’ assets up for sale in record receivership deal Simply Solventless surpassed guidance and reported robust financial growth in Q3 2024 Decibel reported mixed Q3 financial results amid market adjustments Key Takeaways; Psychedelic Sector Psyence Biomedical announced 1-for-75 share consolidation […] |
Agrify Announces $25.9 Million Non-Brokered Private PlacementTROY, Mich., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative solutions for the cannabis and hemp industries, today announced the Company has entered into securities purchase agreements with institutional and accredited investors in a non-brokered private placement priced at $22.30 per share for aggregate proceeds of approximately $25.9 million. The Company intends to use the proceeds from the private placem |
Agrify Corporation Announces Results for Third Quarter 2024TROY, Mich., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative solutions for the cannabis and hemp industries, today announced financial results for the quarter ended September 30, 2024. Third Quarter 2024 Financial Results Summary Revenue was $1.9 million for the third quarter of 2024Gross profit was $0.2 million for the third quarter of 2024 Net loss for the third quarter of 2024 was $18.6 million, primarily |
Agrify Corporation Announces Plans to Acquire the Señorita Brand of THC BeveragesMove would position Agrify to be a leader in the fast-growing, hemp-derived legal THC Beverage market Formulated by renowned winemakers Charles Bieler and Joel Gott, popular rapid growth beverage brand is currently distributed in nine states and Canada TROY, Mich., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of solutions for the cannabis industry, today announced that it has signed a non-binding letter of intent to acquire c |
Agrify Secures Financing from Green Thumb Industries and Announces New LeadershipTROY, Mich., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that its Board of Directors has approved a $20 million convertible secured note (the “Financing”), of which $10M will be drawn upon at closing, from a wholly-owned subsidiary of Green Thumb Industries Inc. (“Green Thumb”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis |
Agrify’s Customer, Nevada Holistic Medicine, Awarded Best Cultivation in the Esteemed 8th Annual Nevada Cannabis Award & Music FestivalTROY, Mich., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (NASDAQ: AGFY), a leader in advanced cultivation and extraction solutions, is excited to announce Nevada Holistic Medicine’s (NHM) Best Cultivation Award at the Nevada Cannabis Awards, held over the weekend at the Fairmont Country Club in Las Vegas. Nevada Holistic Medicine, owned by Scott Sibley, is a modern cultivation operation with 132 Agrify Vertical Farming Units (VFUs). Agrify and the Nevada Holistic Medicine Team collabora |