Agrify Corporation Reports Fourth Quarter and Full Year 2024 Results |
TROY, Mich., March 21, 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 financial results for the quarter and the fiscal year ended December 31, 2024. |
globenewswire.com |
2025-03-21 09:00:00 |
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Señorita Becomes the Exclusive Hemp-Derived THC Beverage Partner for The Salt Shed, Chicago's Premier Music Venue |
Agrify's Award-Winning THC Margarita Becomes the First Hemp-Derived THC (HD9) Beverage Served at The Salt Shed Agrify's Award-Winning THC Margarita Becomes the First Hemp-Derived THC (HD9) Beverage Served at The Salt Shed |
globenewswire.com |
2025-01-10 09:00:00 |
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Agrify Corporation Closes on Acquisition of Señorita |
TROY, 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. |
globenewswire.com |
2024-12-16 09:00:00 |
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Top Ancillary Cannabis Stocks Showing Momentum This Week |
The cannabis sector has experienced a significant pullback recently, largely influenced by ongoing regulatory challenges and market conditions. Despite these setbacks, the ancillary cannabis market continues to show resilience and potential for growth. Ancillary companies, which provide critical services and products to the cannabis industry without directly touching the plant, play an essential role in the supply chain. These companies are often more insulated from regulatory uncertainties, making them attractive to investors seeking exposure to cannabis without direct risks. |
marijuanastocks.com |
2024-12-15 12:00:42 |
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Agrify Announces $25.9 Million Non-Brokered Private Placement |
TROY, 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. |
globenewswire.com |
2024-11-21 09:00:00 |
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Agrify Corporation Announces Results for Third Quarter 2024 |
TROY, 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. |
globenewswire.com |
2024-11-14 18:03:00 |
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Best Ancillary Cannabis Stocks Positioned for Growth Amid Market Pullback |
As the US cannabis industry continues to grow, investor interest remains high. The market, valued at over $13 billion in 2023, is projected to exceed $30 billion by 2025. Despite this positive outlook, recent setbacks have caused a decline in cannabis stocks. One significant blow was Florida's failure to pass Amendment 3, which would have expanded legalization in a crucial state market. This decision has added volatility to the sector. Even so, there is ongoing optimism fueled by pending federal legislation. Any progress on these bills could create fresh momentum for cannabis stocks, underscoring the sector's potential for long-term growth. |
marijuanastocks.com |
2024-11-09 12:00:58 |
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Top Marijuana Penny Stocks to Watch Next Week for Potential Gains |
As the cannabis industry continues to grow, marijuana stocks have gained significant attention from investors. In 2023, the U.S. cannabis market generated over $32 billion in sales, and projections suggest it could reach $50 billion by 2028. With ongoing legalization efforts, the industry is poised for further expansion. Recent headlines, including the possibility of federal legalization, have fueled interest in marijuana stocks. These developments have driven volatility in penny stocks, which can offer high returns. However, due to their low prices, they also come with higher risk, making proper strategy essential. |
marijuanastocks.com |
2024-10-19 15:30:15 |
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Agrify Corporation Announces Results for Second Quarter 2024 and Amended Results for First Quarter 2024 |
TROY, Mich., Aug. 14, 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 financial results for the second quarter ended June 30, 2024. |
globenewswire.com |
2024-08-14 20:35:00 |
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Agrify Reminds Stockholders to Vote Before the Proxy Voting Deadline for the Upcoming Annual Meeting of Stockholders |
BILLERICA, Mass., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of advanced cultivation and extraction solutions for the cannabis industry, would like to remind stockholders to cast their votes for the proposals that will be voted on at the Company's annual meeting of stockholders (the "Meeting") in advance of the proxy voting deadline for voting by telephone or electronically of 11:59 p.m. |
globenewswire.com |
2024-08-02 12:00:00 |
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3 Vertical Farming Stocks Growing Profits Indoors |
Vertical farming is a hot topic with significant productivity-based advantages. In fact, the industry is forecasted to grow by 24.1% annually until 2031, illustrating its potential. |
investorplace.com |
2024-07-18 14:04:20 |
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Top Ancillary Cannabis Stocks Poised for Growth in July 2024 |
Investing in the cannabis industry and top marijuana stocks has become increasingly popular, especially with the U.S. market's rapid expansion. Ancillary stocks, which support the cannabis sector without directly handling the plant, are gaining traction. As of 2023, the U.S. cannabis market was valued at $30 billion, with projections estimating it will reach $45 billion by 2026. Recent headlines have highlighted significant moves toward federal legalization, creating more optimism. For instance, the Cannabis Administration and Opportunity Act has been reintroduced in Congress, aiming to decriminalize cannabis at the federal level. These developments underscore the importance of closely monitoring ancillary stocks. |
marijuanastocks.com |
2024-06-29 21:12:48 |
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How an Election Impacts Penny Stocks |
Elections can significantly influence financial markets, including the domain of penny stocks. Penny stocks, often traded below five dollars per share, present a unique opportunity for investors aiming for substantial gains through small initial investments. |
pennystocks.com |
2024-06-25 10:18:00 |
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Why Is Agrify (AGFY) Stock Up 70% Today? |
Agrify (NASDAQ: AGFY ) stock is rocketing higher on Monday alongside heavy pre-market trading of the cannabis hardware and software cultivation company's shares. This has more than 17 million shares of AGFY stock changing hands as of this writing. |
investorplace.com |
2024-06-24 11:33:21 |
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Agrify Corporation Announces $500K Turnkey Extraction Equipment Deal with Grotech Farms LLC in Bridgeton, NJ |
TROY, Mich., June 11, 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 the signing of a $500K Turnkey Hydrocarbon Extraction and Lab Equipment Package with Grotech Farms LLC (“Grotech” or the “Customer”), an annual licensed cannabis operator founded by Miriam Porter and partners. |
globenewswire.com |
2024-06-11 11:30:00 |
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Agrify Corporation Regains Compliance with Nasdaq Stockholders' Equity Requirement |
TROY, Mich., May 28, 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 after the recent $13.8 million debt-to-equity conversions by CP Acquisitions, LLC and GIC Acquisition, LLC, two entities affiliated with Raymond Chang, Chairman and CEO of Agrify, Agrify has received confirmation from Nasdaq that it has regained compliance with the stockholders' equity requirement of minimum of $2.5 million in Listing Rule 5550(b)(1). |
globenewswire.com |
2024-05-28 11:30:00 |
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Agrify Corporation Announces Approximately $13.8 Million Debt-to-Equity Conversion |
TROY, Mich., May 22, 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 an approximately $13.8 million debt-to-equity conversion by CP Acquisitions, LLC and GIC Acquisitions LLC. |
globenewswire.com |
2024-05-22 11:30:00 |
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Agrify Corporation Announces Results for First Quarter 2024 |
Company achieves near break-even quarterly results TROY, Mich., May 21, 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 financial results for the first quarter ended March 31, 2024. |
globenewswire.com |
2024-05-21 13:36:00 |
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Cannabis Merger Canceled: Nature's Miracle And Agrify Terminate Agreement Citing Unfavorable Market Conditions |
Termination Agreements Executed With No Fees Both companies have executed termination agreements with mutual releases, canceling all prior agreements without any termination or cancellation fees. This also includes the cessation of Nature’s Miracle’s acquisition of Agrify’s outstanding debt. Get your tickets now this link , chairman and CEO of Nature’s Miracle, commented, “Based on the current unfavorable market conditions, we’ve determined this is in the best interest of our shareholders and the long-term value of our business. At Nature’s Miracle, we will continue to focus on our core indoor growing products including grow light, dehumidifier and container growing systems where we are seeing strong momentum.” Terminated Merger Planned To Enhance Revenue Streams The original merger agreement, announced on May 16, proposed that Agrify shareholders would receive 0.45 shares of Nature's Miracle common stock for each Agrify share held. Agrify would have become a wholly-owned subsidiary of Nature's Miracle, with Agrify shareholders anticipated to own approximately 30% of the combined company’s common stock. The merger was expected to bring significant benefits, including a new revenue stream for Nature’s Miracle through Agrify’s SaaS and AI technology, applicable to vertical farming. The merger was also set to enhance Nature’s Miracle’s market share by combining management teams and leveraging Agrify’s expertise in cannabis extraction. Despite the termination, both companies expressed mutual respect and appreciation. “We extend our appreciation to the Agrify team for their cooperation,” Li added. NMHI's shares were trading 22.85% lower at $0.52 per share and AGFY's shares were trading 9.83% lower at $0.3001 per share by the time of this writing around 3 PM ET Monday. |
https://www.benzinga.com |
2024-05-20 20:22:59 |
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Nature's Miracle Mutually Agrees to Terminate Plan to Merge with Agrify Corp. |
ONTARIO, Calif. , May 20, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, announced today that both Nature's Miracle and Agrify Corporation (NASDAQ: AGFY) ("Agrify"), have mutually agreed to terminate the previously announced plan to merge, originally announced on May 16, 2024. |
prnewswire.com |
2024-05-20 11:30:00 |
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