Agrify Announces Turnkey Solventless Extraction Equipment Contract With Blackstone Valley Cannabis; Blackstone Valley Cannabis Elected Agrify's 6-day on-site Advanced Solvent Training Package For Training
Portfolio Pulse from Benzinga Newsdesk
Agrify Corporation (AGFY) has secured a contract to provide turnkey solventless extraction equipment to Blackstone Valley Cannabis. Additionally, Blackstone Valley Cannabis has chosen Agrify's 6-day on-site Advanced Solvent Training Package for their staff training.
March 20, 2024 | 12:27 pm
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Agrify Corporation has entered into a contract with Blackstone Valley Cannabis to provide solventless extraction equipment and a 6-day advanced training package.
Securing a contract for supplying equipment and training services to Blackstone Valley Cannabis indicates a positive business development for Agrify. This deal not only generates direct revenue from the sale of equipment and training but also strengthens Agrify's position in the cannabis industry as a provider of turnkey solutions. The announcement of such contracts typically has a positive impact on a company's stock price in the short term, as it reflects business growth and expansion.
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