Micro Cap In Ag-Tech Space Stealing Premarket Show

Yolowire 6-Feb-2024 10:08 AM

A Massachusetts-based ag-tech company is turning heads already during Tuesdays premarket hours after the company announced the successful installation of a PX-30 Hydrocarbon Extraction System at its customers Michigan facility.

According to the release, this installation marks a significant milestone for Agrify, reinforcing the companys commitment to delivering state-of-the-art solutions to the %Cannabis and hemp industries as operators around the country continue to purchase and operate with Agrifys latest technologies.

Traders were eager to get their hands on shares of %AgrifyCorporation (NASDAQ:AGFY) as bids right before the opening bell are at $0.8103/share (+26.59% implied open for sellers) at the time of writing. It should be an exciting session for this micro cap!

Agrify Corp provides hardware and software grow solutions for the indoor agriculture marketplace and provides equipment and solutions for cultivation, extraction, post-processing, and testing for the cannabis and hemp industry. The products offered by the company include Integrated Grow Racks, LED Grow Lights, Hydroponics, and Vertical Farming Units.

COMTEX_447390364/2797/2024-02-06T09:42:45