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-0.0478087649402391 -0.0916334661354582 -0.049800796812749 -0.049800796812749 0.364541832669323 0.0378486055776891 0.0517928286852589 0.045816733067729
Stock impact report

Agrify Corporation Announces Plans to Acquire the Señorita Brand of THC Beverages

Agrify Corporation (AGFY) 
Company Research Source: GlobeNewswire
Move would position Agrify to be a leader in the fast-growing, hemp-derived legal THC Beverage market Formulated by renowned winemakers Charles Bieler and Joel Gott, popular rapid growth beverage brand is currently distributed in nine states and Canada TROY, Mich., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of solutions for the cannabis industry, today announced that it has signed a non-binding letter of intent to acquire certain assets from Double or Nothing LLC, the owner and creator of the Señorita brand of hemp-derived legal THC (“HDLT”) drinks, in exchange for 530,000 shares of Agrify common stock or common stock equivalents (the “Transaction”). The Transaction is expected to close before year end. “This is an exciting time for Agrify and our shareholders as our business has fresh energy, a strong balance sheet and new perspective on finding solutions in the cannabis industry,” said Agrify Interim CEO Show less Read more
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