Breaking The US economy added 177,000 jobs in April, while the unemployment rate held steady NasdaqCM - Nasdaq Real Time Price • USD Agrify Corporation (AGFY) Follow Add holdings 16.89 +2.39 +(16.48%) At close: May 1 at 4:00:00 PM EDT All News Press Releases SEC Filings Is Agrify Corporation (AGFY) the Worst Vertical Farming and Hydroponic Stock to Buy? We recently published a list of 7 Worst Vertical Farming and Hydroponic Stocks to Buy. In this article, we are going to take a look at where Agrify Corporation (NASDAQ:AGFY) stands against other worst vertical farming and hydroponic stocks to buy. Vertical farming and hydroponics have proven to be revolutionary solutions in the agriculture sector, […] 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. Fourth Quarter 2024 Financial Results Summary Revenue of $2.3 million for the fourth quarter of 2024.Loss on disposal of Cultivation business recorded in the fourth quarter of $11.9 million.Cash balance of Agrify Announces Appointment of Peter Shapiro and Sanjay Tolia to Board of Directors Richard Drexler Departs from BoardTROY, Mich., Feb. 05, 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 that Peter Shapiro and Sanjay Tolia have been appointed to its Board of Directors, effective January 31, 2025. The Company also announced Richard Drexler’s departure from the Board, also effective January 31, 2025. “We are excited to welcome Peter and Weekly Roundup on the Cannabis Sector & Psychedelic Sector Key Takeaways; Cannabis Sector Tilray reported mixed Q2 results amid revenue growth and continued losses Safe Harbor eliminated $1.2M liability in credit union deal Agrify sold cultivation business to former CEO’s firm for $7 million Canopy USA appointed cannabis veteran as first president to lead U.S. expansion Key Takeaways; Psychedelic Sector atai announced key leadership […] 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 Señorita Señorita TROY, Mich., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY), a leading provider of branded innovative solutions for the cannabis and hemp industries, today announced that it is the exclusive partner for hemp-derived THC (HD9) beverages at the Salt Shed, the iconic Chicago music venue run by hospitality collective 16” on Center. As a part of the lar Agrify Closes Sale of its Cultivation Business Move Further Simplifies the Company’s Business Model and Balance SheetTROY, Mich., Jan. 06, 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 Company has signed an agreement for and closed the sale of its cultivation business to CP Acquisitions, LLC (“CP”), an entity affiliated with Raymond Chang, the Company’s former Chairman and Chief Executive Offi Is Agrify Corporation (NASDAQ:AGFY) the Best Vertical Farming and Hydroponic Stock to Invest In Now? We recently compiled a list of the 8 Best Vertical Farming and Hydroponic Stocks to Invest In. In this article, we are going to take a look at where Agrify Corporation (NASDAQ:AGFY) stands against the other vertical farming and hydroponic stocks. Vertical farming refers to producing food in vertically stacked layers, like in a used warehouse, skyscraper, […] 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. “This is great news for Agrify shareholders! We believe Señorita is the best tasting drink in the fastest growing, most exci 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. The Company intends to use the proceeds from the private placem 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. Third Quarter 2024 Financial Results Summary Revenue was $1.9 million for the third quarter of 2024Gross profit was $0.2 million for the third quarter of 2024 Net loss for the third quarter of 2024 was $18.6 million, primarily Agrify Corporation Announces Plans to Acquire the Señorita Brand of THC Beverages Move would position Agrify to be a leader in the fast-growing, hemp-derived legal THC Beverage market Formulated by renowned winemakers Charles Bieler and Joel Gott, popular rapid growth beverage brand is currently distributed in nine states and Canada TROY, Mich., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of solutions for the cannabis industry, today announced that it has signed a non-binding letter of intent to acquire c Agrify Secures Financing from Green Thumb Industries and Announces New Leadership TROY, Mich., Nov. 05, 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 its Board of Directors has approved a $20 million convertible secured note (the “Financing”), of which $10M will be drawn upon at closing, from a wholly-owned subsidiary of Green Thumb Industries Inc. (“Green Thumb”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis Agrify’s Customer, Nevada Holistic Medicine, Awarded Best Cultivation in the Esteemed 8th Annual Nevada Cannabis Award & Music Festival TROY, Mich., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (NASDAQ: AGFY), a leader in advanced cultivation and extraction solutions, is excited to announce Nevada Holistic Medicine’s (NHM) Best Cultivation Award at the Nevada Cannabis Awards, held over the weekend at the Fairmont Country Club in Las Vegas. Nevada Holistic Medicine, owned by Scott Sibley, is a modern cultivation operation with 132 Agrify Vertical Farming Units (VFUs). Agrify and the Nevada Holistic Medicine Team collabora 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. Second Quarter 2024 Financial Results Summary Revenue was $3.0 million for the second quarter of 2024, compared to $2.6 million for the first quarter of 2024 and $5.1 million for the second quarter of 2023.Gross prof Agrify Corporation Announces Results from Annual Meeting of Stockholders TROY, Mich., Aug. 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 voting results from the Company’s Annual Meeting of Stockholders on August 12, 2024. At the Annual Meeting, all items of business were considered, as further described in the Company’s definitive proxy statement and the supplement thereto (the “Proxy Statement”). At the Annual Agrify Reminds Stockholders to Vote Before the Proxy Voting Deadline for the Upcoming Annual Meeting of Stockholders Stockholders are reminded to vote prior to the proxy voting deadline of 11:59 p.m. (Eastern Daylight Time) on August 11, 2024BILLERICA, 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" 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. As a result, investors are looking into vertical farming stocks for massive returns. Given the above, I embarked on a journey to find three undervalued vertical farming stocks. I was aware that value and growth traps are prominent due to the industry’s immature state. As such, I applied a robust screening methodology 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. Grotech Farms has purchased Agrify’s Turnkey PX10 Hydrocarbon Extra 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 stockhol Weekly Roundup on the Cannabis Sector & Psychedelic Sector Week of May 26th Key Takeaways; Cannabis Sector Agrify converted $13.8m debt to equity to regain Nasdaq compliance. Glass House Brands is seeking Canadian funding through shelf prospectus. TILT Holdings’ cannabis sales are stable despite vape supply disruptions, debt and stock dilution concern; analyst says. Key Takeaways; Psychedelic Sector Awakn recently concluded a feasibility study with Catalent Pharma. Lucy […] Performance Overview Trailing total returns as of 5/1/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) Return AGFY S&P 500 (^GSPC) YTD -41.74% -4.72% 1-Year +277.85% +11.67% 3-Year -99.81% +35.63%