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.

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Image provided by Agrify The business of growing cannabis remains a challenging one. From ever-changing regulations to the lack of access to capital to the inconsistency of the plants themselves, growing and maintaining a cannabis company is an ambitious endeavor.

Agrify Seeks to Stabilize the Risky Business of Growing Cannabis with its Smart Cultivation Software

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Aware of how environmental factors affect cannabis cultivation, yield and quality, some smart cannabis entrepreneurs are looking to partner with companies that provide grow solutions. The partnership between Agrify Corporation (NASDAQ:AGFY), a developer of systems-engineered indoor grow solutions that address shortfalls in the current cannabis cultivation methods, and cannabis multi-state operator Curaleaf Holdings, Inc. (OTC:CURA) is one such example.

Agrify CEO Raymond Chang's Advice To Cannabis Cutivators: Get Organized, Be Consistent & Pepsify

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Agrify Corporation (NASDAQ:AGFY) announced financial results for the period ended June 30, 2021, revealing 203% revenue improvement from the same period in 2020, reaching $11.8 million. The company, based in Billerica, Massachusetts, missed Seeking Alpha estimates of $15.15 million in revenue for the quarter.

Agrify Second Quarter Revenue Rises 203% To $11.8M, Reaffirms Its Full Year Guidance Of $48 to $50M

Agrify Corp (AGFY) CEO Raymond Chang on Q2 2021 Results - Earnings Call Transcript

Agrify Corporation (NASDAQ:AGFY) and True House Cannabis LLC are poised to build a 22,000 square foot cultivation facility. Under the terms of the agreement, Agrify will work with its second Agrify Total Turn-Key Solution customer on the facility's construction, including the installation of 159 of its Vertical Farming Units along with integrated catwalks, integrated grow racks and pest mitigation solutions.

Agrify Corporation Teams Up With True House Cannabis To Build-Out New Cultivation Facility

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BILLERICA, Mass., July 29, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software cultivation solutions for the indoor agriculture marketplace, today announced it will host a conference call to review its financial results for the second quarter ended June 30, 2021 on August 12, 2021 at 5:00 p.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 second quarter in advance of the call.

Agrify to Host Second Quarter 2021 Results Conference Call

Year-to-date, Agrify Corporation (NASDAQ: AGFY) stock gained 55.65%. The non-plant-touching cannabis company that offers vertical farming solutions  recently partnered with Curaleaf Holdings, Inc. (OTCQX:CURLF) to determine the impact of the cultivation environment on the overall health of marijuana plants and harvest yields.

Craig-Hallum Says Agrify Has 'An Attractive Business Model'

An analyst sees a lot of potential in this young stock.

Why Cannabis Stock Agrify Zoomed 19.5% Today

The stock price of Agrify Corp (NASDAQ: AGFY) increased by over 25% during intraday trading. This is why it happened.

AGFY Stock Increased Over 25% Intraday: Why It Happened

Agrify Corp (NASDAQ:AGFY), a developer of advanced precision hardware and software cultivation solutions for the indoor agricultural marketplace, announced the opening of Agrify University.  Agrify University will be a brand new 3,500 square foot state-of-the-art indoor vertical farming facility that will feature Agrify's latest technology and advanced cultivation methods.

Learn To Grow Cannabis At Scale At The New, Hands-On Agrify University

Introduces immersive program to assist Agrify customers and next-generation growers in cultivating high-value cannabis with efficiency at scale Introduces immersive program to assist Agrify customers and next-generation growers in cultivating high-value cannabis with efficiency at scale

Agrify Announces Launch of Innovative, Project-Based Learning Program, Agrify University

BILLERICA, Mass., July 14, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software cultivation solutions for the indoor agriculture marketplace, today announced that it has received a license from the state of Massachusetts for the cultivation and production of industrial hemp (the “License”) at the Company's Billerica, Massachusetts facility (the “Facility”). Under the License, Agrify expects to cultivate up to 3,000 plants per year. Concurrent with the receipt of the License, the Company also announced it has officially opened its product showcase and corporate office at the Billerica location to customers and visitors.

Agrify Receives Hemp Cultivation and Production License, Opens New Facility and Product Showcase in Billerica, Massachusetts

Agrify Corporation (NASDAQ:AGFY) has teamed up with Curaleaf Holdings, Inc. (OTCQX:CURLF) to determine the impact of the cultivation environment on the overall health of cannabis plants and harvest yields. Under the deal, the Massachusetts-based company agreed to provide the use of its Agrify Insights software platform for three years to Curaleaf's facility located in the Bay State.

Agrify And Curaleaf Study Impact Of Cannabis Cultivation On Plant Health And Harvest Yields, Curaleaf International Expands

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$12 million contract includes cultivation facility build-out fees and five years of SaaS revenue $12 million contract includes cultivation facility build-out fees and five years of SaaS revenue

Agrify Expands Relationship with Current Customer Nevada Holistic Medicine, Further Increases Presence in Attractive Nevada Market

BURLINGTON, Mass., June 02, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software cultivation solutions for the indoor agriculture marketplace, today announced that Raymond Chang, Chief Executive Officer of Agrify, will participate at the following upcoming conference:

Agrify Announces June 2021 Conference Participation

The stock price of Agrify Corp (NASDAQ: AGFY) increased by 20.47%. This is why it happened.

Agrify (AGFY) Stock: 20.47% Increase Explanation

A developer of premium grow solutions, Agrify Corporation (NASDAQ:AGFY) posted its first-quarter earnings results Monday, reporting revenue of $7 million, compared to $4.4 million and $1 million in the previous quarter and the same quarter of 2020, respectively. The company further revealed a quarterly net loss from continuing operations of $3.81 million, compared to a loss of $3.41 million in the same period of 2020.

Agrify's Shares Jump On 600% YoY Higher Revenue Of $7M, Cannabis Co. Raises Its Full-Year Guidance

Company raises full year 2021 top revenue guidance to $48-50 Million Revenue increased 60% sequentially from Q4 2020 to Q1 2021 Total sales backlog grew 38% to $82 million

Agrify Quarterly Revenue Increased 600% to Record $7 million for Q1 2021

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