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Stock impact report

Agrify’s Customer, Nevada Holistic Medicine, Awarded Best Cultivation in the Esteemed 8th Annual Nevada Cannabis Award & Music Festival

Agrify Corporation (AGFY) 
Company Research Source: GlobeNewswire
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 collaborated on a comprehensive overhaul of the cultivation operation. Within 90 days, the team successfully doubled their flower production and reduced operational costs by 50% to less than $650 per lb. of finished packaged flower. Agrify's VFU consistently produces in excess of 9 lbs. per VFU per crop cycle over 32 sqft. of floor space. The award-winning products are now available at Vegas Tree House located at 4660 S Decatur Blvd, Las Vegas, NV 89103. This overhaul not only delivered significa Show less Read more
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