Tag: Agrify

Avatar photoDebra BorchardtDecember 10, 2021
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BusinessCultivation

Ag Tech Becomes VC Darling

4min00
It’s a trend that could benefit emerging agricultural technology or ag-tech companies within the cannabis space. Many of these companies either began indoor growing with traditional products like lettuce or started in cannabis only to see a future beyond the confines of a pseudo-legal product. Pitchbook News issued a new report that found funding for […]
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Avatar photoStaffDecember 8, 2021
PurePressure.jpg
Business

Agrify Buys Pure Pressure For $9 Million

3min00
Agrify Corporation (Nasdaq: AGFY) is buying extraction company PurePressure for $9 million. PurePressure engages in solventless extraction and advanced ice water hash processing in the cannabis and hemp industry. PurePressure was founded in 2015, and its annual revenue for 2021 is currently projected to be approximately $10 million. The deal is expected to close by […]
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Avatar photoDebra BorchardtNovember 10, 2021
agrify2-2-scaled.jpg
Business

Agrify Reports Rising Revenue, Raises Guidance

4min00
Agrify Corporation (Nasdaq: AGFY) delivered financial results for the third quarter ending September 30, 2021. Agrify’s revenue increased 460% to $15.8 million versus $2.8 million for the same time period in 2020 and increased 33% sequentially from $11.8 million in the second quarter. The net loss for the quarter was $9.7 million, which was higher […]
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Avatar photoKaitlin DomangueFebruary 24, 2021
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BusinessDaily Hit

The Daily Hit: February 24th, 2021

5min00
It’s time for your Daily Hit of cannabis financial news for February 24th, 2021.  On the Site  Ardent Life: A Company Revolutionizing Cannabis Technology Ardent Life Inc., was founded in 2015 by Shanel Lindsay. The Green Market Report is featuring  a series of Black-owned businesses for Black History Month, and Ardent Life is part of […]
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Avatar photoDebra BorchardtJanuary 29, 2021
agrify2-2-scaled.jpg
BusinessCultivation

Agrify Upsizes IPO, Launches On NASDAQ

6min00
Indoor agriculture company Agrify Corporation (Nasdaq: AGFY) has listed its shares on the NASDAQ after pricing its upsized initial public offering of 5,400,000 shares of common stock at a price of $10.00 per share for total gross proceeds of $54 million. The shares began trading on the Nasdaq Capital Market under the symbol “AGFY” on […]
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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis

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