TROY, Mich., April 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 celebration of newly published research on leafy green production in vertical farms by University of Georgia's ("University of Georgia" or "UGA") Controlled Environmental Agriculture ("CEA") program under Agrify's Model R Horticulture LED lights ("Model R"). Agrify Model R Horticultur ...

TROY, Mich., March 20, 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 Turnkey Solventless Extraction and Lab Equipment Package with Blackstone Valley Cannabis ("Blackstone Valley" or the "Customer"), a licensed vertical operator based in Uxbridge, MA. Blackstone Valley Cannabis has purchased Pure Pressure's Turnkey Solventless Extraction an ...

TROY, Mich., March 13, 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 Turnkey Hydrocarbon Extraction and Lab Equipment Package with Justice Cannabis Co. ("Justice Cannabis" or the "Customer"), a licensed multi-state operator with 14 dispensaries around the Country now expanding into the New Jersey market. Justice Cannabis has purchased Agri ...

TROY, Mich., Feb. 29, 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 multi-year cultivation and extraction deal with HarvestWorks Farm, New Jersey ("HarvestWorks Farm" or the "Customer"), a licensed New Jersey operator. The multi-faceted transaction includes a $3.4 million cultivation and extraction order for 156 of Agrify's Vertical Farmin ...

TROY, Mich., Feb. 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 the pricing of its public offering of 6,723,684 shares of common stock (or pre-funded warrants in lieu thereof) at a public offering price of $0.38 per share. Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $2.6 million. T ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of report (Date of earliest event reported): February 21, 2024 AGRIFY CORPORATION (Exact name of registrant as specified in its charter) Nevada 001-39946 30-0943453 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No. ) 2468 Industrial Row Dr. Troy, MI 48084 (Address of principal executive ...

Core Insights - Agrify Corporation has successfully installed a PX-30 Hydrocarbon Extraction System at a customer's facility in Michigan, marking a significant advancement in hydrocarbon extraction technology for the cannabis industry [1][4] Company Overview - Agrify is a leading provider of innovative cultivation and extraction solutions for the cannabis industry, focusing on data, science, and technology to enhance market offerings [5] - The company offers a comprehensive extraction product line, including hydrocarbon, ethanol, and solventless extraction systems, aimed at maximizing the quality and quantity of cannabis extracts [5] Product Features - The PX-30 Hydrocarbon Extraction System is designed for high extraction efficiency, capable of producing over 240 lbs. of high-quality extracts per 8-hour shift [3] - The system features an operational design that prioritizes user experience, with ultra-low temperature operation and fast recovery times, ensuring ease of use for operators [3] - Safety and compliance are key aspects of the PX-30, which is built to meet 3A sanitary and cGMP standards [3] Customer Engagement - Lume Cannabis, the customer utilizing the PX-30 system, previously operated with Agrify's XMU Hydrocarbon Extraction System and upgraded to the PX-30 to meet growing demand for premium extracts [2] - The Lab Manager at Lume Cannabis expressed satisfaction with the installation process and the support provided by Agrify's Precision Extraction Solutions team [2]

TROY, Mich., Jan. 31, 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 the Company has received formal notification that the Nasdaq Hearings Panel (the "Panel") has granted the Company's request for continued listing on The Nasdaq Capital Market pursuant to an extension through April 15, 2024, to evidence compliance with Nasdaq Listing Rule 5550(b)(1) (t ...

Agrify (NASDAQ:AGFY) stock is on the move Tuesday as investors react to updates on ownership of the cannabis and hemp company’s shares.The latest news has to do with the transfer of a convertible senior note to CP Acquisitions. This happened in October 2023 and allows the holder of the note to convert it for shares of AGFY stock. The notes have a limit that doesn’t allow the holder to obtain more than a 49.99% stake in Agrify.Investors will note that CP Acquisitions is an entity under the control of Raymond ...

Loading...Loading...The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here’s the latest list of maj ...