Agrify Corp is a technology and agriculture company specializing in the cannabis industry. They focus on providing advanced cultivation solutions that integrate hardware and software to enhance the efficiency and productivity of indoor farming operations. By utilizing precision growing techniques and data analytics, Agrify's products aim to optimize plant growth, yield, and quality while ensuring compliance with regulatory standards. The company supports cannabis producers with a range of services, including climate control systems, lighting solutions, and growth tracking software, ultimately helping them achieve sustainable and profitable farming practices. Read More
ROLLING MEADOWS, Ill., Aug. 27, 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 acquisition of a portfolio of brand intellectual properties (the “Brands”), including RYTHM, Dogwalkers, Beboe and others, from Green Thumb Industries for US$50 million paid for via a convertible note. Concurrently, the Company entered into an agreement to license the Brands to Green Thumb Industries to manufacture and distribute. In addition, Agrify is changing its name to RYTHM, Inc. (“RYTHM”) and will begin trading on the Nasdaq Capital Market under the symbol “RYM” as of the open of trading on September 2, 2025.
CHICAGO and VANCOUVER, British Columbia, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today announces that it has (i) entered into transactions to sell certain of its consumer packaged goods brands to Agrify Corporation (“Agrify”) (Nasdaq: AGFY), (ii) entered into a license arrangement with Agrify to permit the Company to continue to manufacture and distribute those brands, and (iii) extended a loan to Agrify in the amount of US$45 million.
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.
Agrify Corporation (NASDAQ: AGFY) announced on Thursday a $25.9 million non-brokered private placement.The company said it has entered into securities purchase agreements with institutional and accredited investors in a non-brokered private placement priced at $22.30 per share.The placement is set to close on Thursday, Nov. 21, subject to customary closing conditions.
Agrify shares are trading lower by 35% Thursday morning. The company announced it secured approximately $25.9 million through a non-brokered private placement.
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.
