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Ancillary Cannabis Co. Agrify's FY 2022, Q1 2023 Results Signal Industry Headwinds: Could Innovation Drive Turnaround?
Tuesday, November 28, 2023 - 12:48pm | 709Agrify Corp (NASDAQ:AGFY), a cultivation and extraction solutions provider for the cannabis industry, announced its financial results for fiscal year 2022 and the first quarter of 2023, reflecting a challenging phase marked by strategic restructuring and innovation. Q1 2023 Financial Highlights...
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Agrify Plans For Up To $7M In Cost Savings In 2023, CFO Resigns
Monday, January 23, 2023 - 9:15am | 759Agrify Corporation (NASDAQ: AGFY) is actively taking steps to better align its resources and growth plan with the current operating environment, measures that the company believes could put it in a position to be cash flow positive by the end of 2023. Agrify has reduced its manufacturing and...
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Agrify Launches CannaBeast 13 Short Path, Thin Film Distillation System For Cannabis Oil Extraction
Wednesday, June 1, 2022 - 9:42am | 535Agrify Corporation (NASDAQ: AGFY) launched a new short path, thin film distillation system: the CannaBeast 13. Lab Society, the market leader in distillation, solvent separation, and extraction solutions, which Agrify acquired in February 2022, partnered with InCon Process Systems to bring the...