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NASDAQ-Traded Cannabis Co. Agrify Secures $25.9M Via Private Placement, Here's How They'll Spend It
Thursday, November 21, 2024 - 1:01pm | 476Agrify Corporation (NASDAQ:AGFY) announced Thursday that is has secured a $25.9 million non-brokered private placement. What Happened 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...
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Marijuana Growing Solution Provider Agrify Gets $20M Boost From Green Thumb To Power Up Cannabis Tech And New Leadership
Tuesday, November 5, 2024 - 6:06pm | 680Agrify Corporation (NASDAQ:AGFY), a company that provides hardware and software cultivation and extraction solutions for the cannabis and hemp industry, announced on Tuesday that its board of directors has approved a $20 million convertible secured note. Of that sum $10 million will be drawn upon...
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Cannabis On The NASDAQ? No Problem: A Look At Aurora's Positive Cash Flow Strategy, Agrify's Equity Boost
Thursday, February 1, 2024 - 4:24pm | 546Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), a major cannabis company, is sticking to its previous financial predictions. Management believes the company will make more money than it spends over the year, achieving positive annual adjusted EBITDA, and also expects to have more cash coming in than...