Tag: Agrify

Mixed Action for Cannabis Sectors in February

As we described in a previous article, the Global Cannabis Stock Index fell in February after rising to begin the year. The index declined 6.3% after a 10.1% gain in the...
- March 1st, 2023 at 8:58 am

Cannabis Stocks Improve Again in November

As we described in a previous article, the Global Cannabis Stock Index added to its 17.1% rally in October during November, increasing 3.7%.  The index is still down 58.4% in 2022....
- December 1st, 2022 at 9:19 am

Cannabis Stocks Endure Tepid Quarterly Earnings Reports

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. August was an extremely heavy month for reporting. Tracker Rules...
- August 28th, 2022 at 7:47 pm

Bottoming Out but Not Yet a Rally

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- August 21st, 2022 at 6:45 pm

Agrify Q2 Revenue Falls 26% Sequentially to $19.3 Million

Agrify Announces Results for Second Quarter 2022 Second Quarter Revenue Increased 63.5% Year-Over-Year to $19.3 Million Company Takes Actions to Mitigate Industry Challenges and Better Position Itself for Sustainable...
- August 15th, 2022 at 7:28 am

Agrify Wildly Misses Earnings Estimates for Q2

Agrify Reschedules Second Quarter 2022 Results Conference Call BILLERICA, Mass., Aug. 08, 2022 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of advanced...
- August 8th, 2022 at 7:28 am

Agrify Q1 Revenue Increases 3% Sequentially to $26 Million

Agrify Announces Record Revenue Results for First Quarter 2022 First Quarter Revenue Grew 271% Year-Over-Year to $26 Million, Exceeding Prior Guidance First Quarter Contractual Backlog Increased by $77 Million...
- May 11th, 2022 at 7:15 am

Ancillary Cannabis Stocks Gain 2.7% in March

The Ancillary Cannabis Index bounced back from a weak beginning to the year, advancing 2.7% in March to 52.89: The index has declined 47.1% since its introduction at the end of...
- March 31st, 2022 at 4:48 pm

Agrify Q4 Revenue Increases 60% Sequentially to $25.3 Million

Agrify Announces Record Fourth Quarter and Fiscal Year 2021 Results 2021 Revenue Increased 395% Year-Over-Year to $59.9 Million Fourth Quarter Revenue Increased 481% Year-Over-Year to $25.3 Million BILLERICA, Mass., March 23,...
- March 23rd, 2022 at 7:27 am

Cannabis ETFs Evolve but Don’t Yet Excel

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- March 20th, 2022 at 10:48 am

Agrify Borrows $65 Million Under New Debt Facility

Agrify Secures $135 Million Debt Facility Strengthens Balance Sheet and Enables Agrify to Continue to Accelerate Growth BILLERICA, Mass., March 14, 2022 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify”...
- March 14th, 2022 at 9:40 am

Ancillary Cannabis Stocks Plunge 16.5% in January

Following up on our discussion in early 2021 about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the...
- January 31st, 2022 at 4:46 pm

Agrify Raises $27.3 Million Selling Units at $6.80

Agrify Corporation Announces $27.3 Million Private Placement BILLERICA, Mass., Jan. 26, 2022 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative and vertically integrated provider...
- January 26th, 2022 at 7:25 am