Agrify

Agrify Corp. operates as a developer of advanced and proprietary precision hardware and software grow solutions for the indoor agriculture marketplace. Its solutions include vertical forming units, LED grow lights, cultivation software, biosecurity, and equipment financing. The company was founded on June 6, 2016 and is headquartered in Burlington, MA.

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Agrify Corp. engages in the development of hardware and software solutions for indoor agriculture. The company was founded on June 6, 2016 and is headquartered in Troy, MI.

Agrify Corporation (AGFY) CEO Raymond Chang on Q3 2021 Earnings Call Transcript

The cannabis company put up disappointing results for the third quarter.

Why Agrify Stock Dropped on Wednesday

Vertically integrated cannabis company Agrify Corporation (NASDAQ:AGFY) announced its financial results Wednesday for the third quarter of fiscal 2021, revealing a 460% year-over-year and 33% sequential increase in revenue to $15.8 million. In the nine months ended September 30, total revenue amounted to $34.6 million.

Cannabis Earnings: Agrify Q3 Sales Spike 460% YoY, Raises F21 Sales Guidance to $60M-$62M

Thomas Massie Becomes New President and Chief Operating Officer

Agrify Strengthens Executive Leadership Team to Further Support Growth Initiatives

Revenue grew 460% year -over-year and 33% sequentially to $15.8 million in Q3 2021

Agrify Announces Third Quarter 2021 Financial Results

Agrify Corporation (NASDAQ:AGFY), vertically integrated provider of premium cultivation and extraction solutions, announced Monday that it has inked a definitive agreement with its third Massachusetts-based Agrify Total Turn-Key Solution customer, Kief USA, LLC. Under the terms of the deal, the Billerica Massachusetts-based company enters into a 10-year deal with Kief USA that includes the installation of 485 vertical farming units at Kief USA's 84,000-square-foot facility as well as architectural and engineering services, construction, recurring SaaS revenue, operations consulting and brand licensing.

Agrify's New 10-Year TTK Deal With Mass-Based Kief USA To Yield Over $68.7M In Revenue

Agrify currently sells computer-controlled vertical farming units for cannabis. But that's just the starting point for Agrify.

Agrify aims to be the fastest-growing cannabis company

485 of Agrify's Vertical Farming Units to be installed at 84,000-square-foot facility with over $68.7 million in revenue expected over the first three years of cultivation 485 of Agrify's Vertical Farming Units to be installed at 84,000-square-foot facility with over $68.7 million in revenue expected over the first three years of cultivation

Agrify Announces Third Massachusetts-Based 10-Year TTK Partnership with Kief USA, LLC

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400 of Agrify's Vertical Farming Units to be installed at 30,000-square-foot facility with potential for the deal's value to be approximately $23.8 million 400 of Agrify's Vertical Farming Units to be installed at 30,000-square-foot facility with potential for the deal's value to be approximately $23.8 million

Agrify Announces Entry into Arizona Cannabis Market through Partnership with Olive El Mirage

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BILLERICA, Mass., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a vertically integrated provider of premium cultivation and extraction solutions for the cannabis and hemp industry, today announced it will host a conference call and webcast to review its financial results for the third quarter ended September 30, 2021 on November 10, 2021 at 8:00 a.m. Eastern Time (ET). The call will be hosted by Raymond Chang, Chief Executive Officer and Niv Krikov, Chief Financial Officer. All interested parties are invited to attend. The Company will report its financial results for the third quarter in advance of the call.

Agrify to Host Third Quarter 2021 Results Conference Call

BILLERICA, Mass., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a vertically integrated provider of premium cultivation and extraction solutions for the cannabis and hemp industry, today announced that the Company will participate at the following upcoming conferences:

Agrify Announces October 2021 Conference Participation

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BOSTON, Oct. 6, 2021 /PRNewswire/ -- Burns & Levinson today announced that it represented Agrify Corporation (NasdaqCM:AGFY), a developer of highly advanced and proprietary precision hardware and software cultivation solutions for the indoor agriculture marketplace, in its $50 million acquisition of Precision Extraction Solutions and Cascade Sciences. Agrify acquired Precision and Cascade, two of the leading brands that provide equipment and solutions for extraction, post-processing, and testing for the cannabis and hemp industry, from Sinclair Scientific on October 4, 2021.

Burns & Levinson Represents Agrify Corp. in $50 Million Acquisition of Precision Extraction Solutions and Cascade Sciences

The marijuana stock just made a big growth move, but investors want more.

Why Agrify Shares Soared Early Tuesday, Then Lost Steam

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The stock price of Agrify Corp (NASDAQ: AGFY) increased by over 15% pre-market today. This is why it happened.

AGFY Stock: Why It Substantially Increased Today

Hardware and software cultivation solutions developer Agrify Corporation (NASDAQ:AGFY) announced Monday it has acquired Precision Extraction Solutions and Cascade Sciences, two of the leading companies in the extraction, post-processing and testing equipment and solutions space, from Sinclair Scientific. What Happened Agrify acquired Precision and Cascade for $50 million.

Nasdaq-Traded Agrify Corp Acquires Cannabis Co.'s Precision Extraction, Cascade Sciences For $50M

Acquisition Expands Agrify's Offerings into the Flourishing Post-Harvest Segment of the Supply Chain, Positioning the Company as the Most Vertically Integrated Total Solutions Provider for its Customers

Agrify Acquires Precision Extraction Solutions and Cascade Sciences, Two of the Leading Cannabis and Hemp Extraction, Post-Processing, and Testing Equipment and Services Companies

Agrify is a cannabis support company which went public last February.

Agrify Remains Bullish With Increasing Revenue And Expanding Partnerships

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Agrify shares plunge the first trading day of September after the market gets a hint of insider selling.

News for Agrify Stock (AGFY)