New Premium Breakout Alert for Today (NASDAQ: AGFY) Agrify (NASDAQ: AGFY) Leading Provider of Innovative Cultivation
and Extraction Solutions for the Medical Caânnâabâis Industry 10XProTrader, This is Kevin Vander with "10XProTrader" delivering your new Premium Breakout Alert for today's trading session Agrify Corporation (NASDAQ: AGFY). Are you watching AGFY right now? The stock is surging pre-market right now, looking extremely bullish! Similar to our previous Nasdaq alerts, buyers are coming in during pre-market trading this morning, trading as high as $.825 at (07:36:31 AM), remember Agrify (NASDAQ: AGFY) closed at closed at $.48 on Wednesday Feb. 28th, and started trading in after-hours trading at approx. $.46 and running to todays premarket high of $.82/share for a 77% gain so far. ...You do NOT have much time, Take appropriate action now to pull up AGFY... If you haven't taken a look at this stock yet, this is your chance! Today is a critical day for you to pay close attention to Agrify Corporation (NASDAQ: AGFY). This is our next breakout stock ready to move in a major way, here's why... The Company has several bullish catalysts on the horizon, and is on the verge of disrupting a $9.9 Bln Cultivâation and Extraâction Soluâtions for the Caânnâabâis industry, with Blockbuster News today of multi-year cultivâation and extraâction deal with HarvestWorks Farm! We could see some serious action in the market on this one, as we saw buyers coming in during aftermarket trading hours on Wednesday trading as high as $.49 in after-hours trades, remember Agrify (NASDAQ: AGFY) closed at $.48 on Wednesday Feb. 28th. Now that that the stock has huge momentum, who knows how high it can go! Read the news in bold below: Agrify Corporation Announces $3.4 Million Sales Order From
New Jersey Woman-Owned Business HarvestWorks Farm Deal Includes Additional Multi-Year Production Success and SaaS Fees TROY, Mich., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (âAgrifyâ or the âCompanyâ), a leading provider of innovative cultivâation and extraâction solutâions for the caânnâabiâs industry, today announced the signing of a multi-year cultivâation and extraâction deal with HarvestWorks Farm, New Jersey (âHarvestWorks Farmâ or the âCustomerâ), a licensed New Jersey operator. The multi-faceted transaction includes a $3.4 Mln cultivâation and extraâction order for 156 of Agrifyâs Vertical Farming Units (or âVFâUsâ) and a complete Turnkey Pure Pressure Solveântless extraâction Lab Package, a 2-year Service Support Agreement at $350 per pound Production Success Fees (or âPSFâ), and a 5-year of approximately $1 Mln SaaS Fee Agreement. HarvestWorks Farm is a woman-owned company founded by CEO and entrepreneur, Rita Ruggieri, a New Jersey resident. HarvestWorks Farm was one of the first operators licensed for caânnâabâis cultivâation and manufacturing in the Garden State and is dedicated to the cultivâation and processing of exceptional quality caânnâabâis products for provisioning centers and distributors as a wholesale contract manufacturer as permitted by the state of New Jersey Caânnâabâis laws and regulations. Raymond Chang, Chairman and CEO of Agrify, shared that âAgrify is pleased to have the opporâtunity to work with Rita and her amazing team at HarvestWorks Farm in this fast-growing and exciting new market. Rita is a proven, successful, and an award-winâning serial entrepreneur with deep knowledge and passion in the Caânnâabâis industry. Agrify is excited to be HarvestWorksâ partner of choice. Together, we will work to bring the some of the most innovative and high-quality products to the Garden State.â HarvestWorks Farm has recently completed their 6-day on-site advanced solveântless training program with the Senior Training Manager for Solveântless Extraâction. During the course of the training program, Agrifyâs team guided HarvestWorks Farmâs staff through production and manufacturing of some of the most unique and exciting Live Reâsin and Live Roâsin conceântrates the market. The HarvestWorks Farm team was trained in all processes relating to Haâsh Waâshing, Freeze Drying, Pressing, Jar Tech, Mechâanical Sepaâration, and Vaâpe Cart Formâulation techniques to produce the finest quality Icâe Waâter Haâsh, Live Roâsin, Jaâm, Diamâonds, Sauâces, Roâsin Vaâpe Peâns, and other textâures. HarvestWorks aims to introduce a multi-faucet of products into the New Jersey market by early summer of 2024. In addition, HarvestWorks Farm will be deploying 70 double stacked VFUs in their approâximately 20,000 square feet (about four times the area of a basketball court) building in conjunction with their extraâction lab. Phase two of the operation will include another approâximately 80+ VâFUs in an adjacent building. HarvestWorks Farm has elected Agrifyâs Service Support Program whereby a dedicated Agrify Customer Success Manager will be on site to provide operational support, optimizations, and quality control during the first two years of operation. In return, Agrify would receive a yield-based Production Success Fee of $350 per pound of floâwers produced. Agrify estimates that the VâFU would produce an average of 40 pounds of top-quality flowâers per year. âAgrifyâs team has been a pleasure to work with - from designing and engineering to installation of the equipment in our facility. HarvestWorks Farm is excited to optimize strâain specific recipes in Agrifyâs VFâUs, coupled with the data from Agrify Insights software, to produce scalable, consistent, and high-quality caânnâabâis products for a young, dynamic, and rapidly growing New Jersey adult marketâ said Rita Ruggieri, CEO of HarvestWorks Farm. About Agrify Agrify is a leading provider of innovative cultivâation and extraâction solutâions for the caânnâabâis industry, bringing data, science, and technology to the forefront of the market. Our proprietary micro-environment-controlled Vertical Farâming Units (VFâUs), enable cultivâators to produce the highest quality products with unmatched consistency, yield, and ROI (return on invesâtment) at scale. Our comprehensive extraâction product line, which includes hydroâcarbon, ethaânol, solveântless extraâction, post-processing, and laâb equipâment, empowers producers to maximize the quantity and quality of extrâact required for premium conceântrates. ------------------------------------------------------------------------------------------------------------ The stock is currently trading around $.65 cent per share and has recently put out very bullish news regarding their earnings release coming just around the corner. Agrify Corporation (NASDAQ: AGFY), Agrify is a leading provider of innovative cultivâation and extrâacâtion solutions for the caânnâabâis industry, bringing data, science, and technology to the forefront of the market. Our proprietary micro-environment-controlled Vertical Farâming Units (VFUs), enable cultivâators to produce the highest quality products with unmatched consistency, yield, and ROI (return on invesâtment) at scale. Our comprehensive extraâction product line, which includes hydroâcarbon, ethâanol, solveântless extrâaction, post-processing, and lab equipment, empowers producers to maximize the quantity and quality of extâract required for premium conceântrates. - Fourth Quarter 2023 Outlook For Agrify Corporation (Nasdaq: AGFY) - All Look Very Positive and Promising Ahead. - Net Loss in Q4 2023 is expected to be at a historical low of $750 thousand, compared to $2.1 Mln net loss in Q3 2023, and $58 Mln loss in Q4 2022. - Loss from Operations is expected to decrease by 46% to a historical low of $2.5 Mln, compared to $4.6 Mln in Q3 2023. - Gross Prâofit is expected to increase 105% to $1.9 Mln, compared to $1 Mln in Q3 2023, and a gross loss of $33.5 Mln in Q4 2022. - Q4 2023 Net Caâsh burn is also expected to be the lowest in the Company history, and the Company expects to be in a position to approach casâhflow break-even in the second half of 2024. Big Move Ahead Because of More Financial News Being Released... Agrify is expected to release its financial results for the fourth quarter and full fiscal year ended December 31, 2023 before the end of March 2024, which is right around the corner. This Is The Exact Catalysts That Potentially Could Send Shares Soaring... About Agrify Corporation (NASDAQ: AGFY) Agrify is a leading provider of innovative cultivation and extraction solutions for the caânnâabâis industry, bringing data, science, and technology to the forefront of the market. Agrify has you covered from facility to top of the line cultivâation, extrâaction, and post processing equipment all supported by a team of highly experienced experts who have the skillset for you to succeed. Agrify Vertical Farming Agrify has proprietary micro-environment-controlled Vertical Farming Units (VFUs), enable cultivâators to produce the highest quality products with unmatched consistency, yield, and ROI (return on invesâtment) at scale. Learn how to scale your production with with our Vertical Farming Units (VFUs): a purpose-built indoor grow solution integrated with Agrify Insights cultivâation software - delivering a fully controlled data-driven grow environment to cultivâators. Increase the consistency and quality of caânnâabâis for every strâaâin, every time. - Up to 6x crop yield per square foot vs. traditional grows - Up to 29% more caânnâabâinâoâid poteâncy over traditional cultivâation - Up to 98% continuous utilization of infrastructure achieved with our software "Agrify World Class Extraction Process" The Market Leader for Industrial Scale Solutions Agrify has a comprehensive extraâction product line, which includes hydroâcarbon, ethâanol, solveântless extraâction, post-processing, and lab equipment, empowers producers to maximize the quantity and quality of extrâact required for premium conceântrates. With industry-leading hydroâcarbon and solveântless extraâction equipment as well as distillation equipment and vacuum ovens from Precision Extrâaction, PurePressure, Lab Society, and Casâcade, Agrify has the comprehensive extraâction solution for every SKU you desire. Precision Extraction by Agrify provides the best hydroâcarbon extraâction equipment for your unique business needs. Build a competitive advantage for your caânnâabâis operation with the highest quality hydroâcarbon extraâction equipment, technology, customer service, and tech support in the industry. For more information, please visit their website at . Your Path to Success Starts Here [See Company Brochure PDF Here]( Welcome to Agrify Corporation Weâre a leading provider of innovative cultiâvation and extraâction solutions for the caânnâabâis industry, bringing data, science, and technology to the forefront of the market. grify's family of brands enables cultivators to produce the highest quality products with unmatched consistency, yield, and ROI at scale while also offering an extensive extraâction product line. Our hydroâcarbon, alcâohol, solveântless, post-processing, and lab equipment empowers producers to maximize the quantity and quality of extrâact desired for premium concâentrates. This brochure contains a brief introduction to the services we provide and a small selection of the premium equipment we offer. Agrify delivers high quality services in facility design, cultivâation, extraâction, post-processing operations, and continuing education. From turnkey solutions to individual products, we have a solution for you. To see our full suite of offerings visit agrify.com or schedule a free consultation to learn more about how our solutions can be tailored to meet your goals. Meet The Total Solution Agrify Insights⢠Agrify the Total Solution has you. From initial build outs to SKU production, our iconic brands make up the best equipment and service professionals on the planet and we're ready to help you improve your perfoârmance. - Facility Design & Engineering - Project Management - Installation and Training - Cultivâation Equipment - Extraâction Equipment - Post Processing Agrify Insights⢠Award-Winning Cultivâation Software Agrify's tightly-integrated hardware & software platform for caânnâabâis cuâltivâatoârs combines automation, precise environmental control, and data science with the scientific method. Our Vertical Farming Units (VFUs), coupled with real-time Big Data collection/analysis and easy to use software, enables cuâltivâatoârs to produce the best possible harâvests with unmatched consistency, yield, and ROI at scale. Agrify Insights⢠Award-Winning Growth Automation Agrify Insights, our browser-based, cloud-hosted application for desktop/tablet/mobile, automates and manages nearly every aspect of vertical indoor agricâulture. Its customizable dashboards and notifications enable facility owners, facility managers, farm managers, and groâwers to effortlessly participate in a continuous improvement process that optimizes harâvest yields and caâânnâabâinoâid and teârpâeâne profiles for every strâaâin. Agrify Insights⢠at a Glance Agrify Insights helps groâwers succeed by applying data science to continuously improve every aspect of caânnâabâis production. Our turnkey, integrated control systems and quantitative approach to indoor agricâulture result in higher consistency and forecasting of yields and caânnâabâinoâid and teârpâeâne production. Conclusion: Agrify is a leading provider of innovative cultivâation and extraâction solutions for the caânnâabâis industry, bringing data, science, and technology to the forefront of the market. Agrify's Total Solution is built to give the operators the tools they need to succeed. (NASDAQ: AGFY) has all of their clients covered from the expert facility design, to the top of the line cultivâation, extraâction, and post processing equipment-all supported by a team of highly experienced experts in their fields. I am urging all of our 10X members to add (NASDAQ: AGFY) to the top of your watch list right now and be ready at the opening bell! Yours for greater gains, Kevin Vander
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