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Agrify ( (AGFY) ) just unveiled an announcement.
On January 31, 2025, Richard Drexler resigned from Agrify Corporation’s Board of Directors, with no disagreements cited. Concurrently, the board increased its size and appointed Peter S. Shapiro, a prominent music entrepreneur, and Sanjay Tolia, an experienced finance entrepreneur, as new directors. This strategic move aims to leverage their expertise to enhance Agrify’s market position in the cannabis industry, particularly in the evolving THC beverage space.
More about Agrify
Agrify Corporation is a developer of branded innovative solutions for the cannabis and hemp industries. It offers hemp-derived THC beverages under its Señorita brand, known for clean, fresh flavors and a commitment to high-quality, natural ingredients. These beverages are marketed as a low-sugar, low-calorie alternative to alcoholic drinks and are available in nine U.S. states and Canada, with plans for expansion.
YTD Price Performance: -19.53%
Average Trading Volume: 236,221
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $34.11M
For an in-depth examination of AGFY stock, go to TipRanks’ Stock Analysis page.
