Agrify Corporation Announces First Multi-Year and Two-Million Dollar Extraction Managed Services Contract with Customer in Michigan

February 22, 2024

https://www.globenewswire.com/news-release/2024/02/22/2833565/0/en/Agrify-Corporation-Announces-First-Multi-Year-and-Two-Million-Dollar-Extraction-Managed-Services-Contract-with-Customer-in-Michigan.html

TROY, Mich., Feb. 22, 2024 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the signing of a term sheet with PDS Ventures, LLC (“PDS Ventures” or the “Customer”), a licensed Michigan operator, to provide PDS Ventures with Agrify’s multi-year end-to-end managed extraction services (“Managed Services”).

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