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Agrify ( (AGFY) ) has shared an announcement.
Agrify Corporation has acquired the Señorita brand of hemp-derived THC beverages from Double or Nothing LLC, expanding its portfolio in the fast-growing cannabis-based beverage market. This acquisition aims to enhance shareholder value through innovative product development and market expansion, with plans to introduce new flavors and expand distribution across the U.S. and Canada.
More about Agrify
Agrify Corporation is a developer of innovative solutions for the cannabis and hemp industries, focusing on extraction, cultivation, and more. Their proprietary micro-environment-controlled Vertical Farming Units (VFUs) enable high-quality, consistent product yields and returns on investment. Agrify also provides a comprehensive extraction product line to maximize extract quality and quantity.
YTD Price Performance: 112.35%
Average Trading Volume: 562,243
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $61.19M
See more insights into AGFY stock on TipRanks’ Stock Analysis page.
