Reported Earlier, Agrify Achieves Milestone With PX-30 Hydrocarbon Extraction System Installation In Michigan Facility
Portfolio Pulse from Benzinga Newsdesk
Agrify Corporation (NASDAQ:AGFY) announced the successful installation of its PX-30 Hydrocarbon Extraction System at Lume Cannabis' Michigan facility. This system, the largest in Agrify's PX-Extraction series, represents a significant advancement in extraction technology, designed to enhance efficiency and precision. The installation marks a milestone for Agrify, emphasizing its commitment to providing innovative solutions to the cannabis and hemp industries. Lume Cannabis upgraded to the PX-30 to meet the growing demand for premium extracts, highlighting the system's high extraction efficiency, operational design, and compliance with safety standards.
February 06, 2024 | 4:04 pm
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Agrify Corporation has successfully installed its PX-30 Hydrocarbon Extraction System at Lume Cannabis' Michigan facility, showcasing its commitment to innovation in the cannabis industry.
The successful installation of the PX-30 Hydrocarbon Extraction System at a customer's facility highlights Agrify's ongoing commitment to innovation and its ability to meet the growing demands of the cannabis industry. This development is likely to be viewed positively by investors and could lead to increased interest in Agrify's technologies, potentially driving up the company's stock price in the short term.
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