Agrify Announces Turnkey Extraction Equipment Deal With Multi-State Operator Justice Cannabis Co Expanding Into New Jersey Market
Portfolio Pulse from Benzinga Newsdesk
Agrify Corporation (AGFY) has entered into a turnkey extraction equipment deal with Justice Cannabis Co., marking its expansion into the New Jersey market. This partnership signifies Agrify's strategic move to enhance its presence in the rapidly growing cannabis industry by providing state-of-the-art extraction equipment to a leading multi-state operator.
March 13, 2024 | 11:34 am
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Agrify Corporation's new deal with Justice Cannabis Co. for extraction equipment in New Jersey could boost its market presence and potentially increase its revenue streams.
The deal with Justice Cannabis Co. represents a strategic expansion for Agrify into a new market, which could lead to increased demand for its extraction equipment. This expansion into the New Jersey market, a state with a growing cannabis industry, could significantly impact Agrify's revenue and market position positively in the short term.
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