POPULARITY
The first show of 2025 starts with Jesse and Morgan reviewing Senorita Beverages. This is Agrify's first hemp beverage acquisition, and the guys give their thoughts on the two flavors they tried and where they fit in the evolving beverage landscape. Jerry Derevyanny, Partner at Bengal Capital, joins to discuss what has gone wrong with the MSO model. The guys discuss cracks in the state-led growth story, particular challenges facing Florida, and which operators may have the most difficulties ahead. Jerry points out potential opportunities on the debt side, which gives investors greater security than equity investing. The conversation concludes with an analysis of how banning or approving intoxicating hemp may drive more revenue, and Morgan asks Grok about the economic impact of dry January.
This week's show begins with Morgan and Jesse talking about the evolution of Agrify. A once stale and forgotten business has new life with an investment from Green Thumb Industries and evolution into intoxicating hemp. The guys talk about the path to get here and how it may evolve. AYR Wellness Interim CEO Steven M. Cohen joins the show and shares his background and vision for the future. We cover the lost opportunity with Florida's failure to pass Amendment 3, and Cohen explains why AYR is still moving forward with cultivation expansion in the Sunshine State. We dig into how AYR can evolve in Ohio and New York and what other growth levers the business has. AYR has a large amount of debt, and Cohen gives his perspective on how they can service the debt and maximize the probability of refinancing it before 2026. The conversation closes with Cohen offering his perspective on the Trump administration and potential political progress in 2025.
Editor's Note: Download the audio version below and click here to subscribe to our newsletter.This week, Ben Britton, vice president of innovation at Agrify, joins the podcast to discuss why clean and simple solventless extraction will always have a place in the cannabis industry. Please make sure to like, subscribe and share the podcast. You could also help us out by giving the podcast a positive review. Finally, to email the podcast or suggest a potential guest, you can reach David Mantey at David @cannabisequipmentnews.com.
Integrated Cannabis Cultivator and Extraction at Agrify with Ted Leung #78 Agrify promises cultivators they can scale production with Vertical Farming Units (VFUs): a purpose-built indoor grow solution integrated with Agrify Insights cultivation software - delivering a fully controlled data-driven grow environment to cultivators. Increase the consistency and quality of cannabis for every strain, every time. Cannabis Advocate Podcast The Cannabis Advocate podcast advocates for businesses in the cannabis industry and explores the unique challenges they face. Despite hurdles in legislation, regulation, and culture, there are tremendous opportunities for growers, manufacturers and retail sellers of cannabis products. Many of these issues are unique to the cannabis industry. This podcast speaks to these common concerns and shares stories of success. This is a production of Habanero Media. https://habaneromedia.net To subscribe to the podcast go to https://cannabisadvocatepodcast.com/listen/ If you have a question or comment, https://cannabisadvocatepodcast.com/contact For extractors they claim industry-leading hydrocarbon and solventless extraction equipment as well as distillation equipment and vacuum ovens from Precision Extraction, PurePressure, Lab Society, and Cascade, Agrify has the comprehensive extraction solution for every SKU you desire.
Agrify (AGFY) CEO Raymond Chang joined me last year to discuss indoor vertical farming. We recorded this interview before Agrify's recent stock split, but we do discuss the current challenging environment and the pivot the company is now focused on. Rapid deployment, the necessity for consistency, addressing industry pain points and growing segments.
Raymond is a serial entrepreneur. He is CEO & Chairman of the Board for Agrify, the most innovative provider of advanced cultivation and extraction solutions for the cannabis industry, bringing data, science, and technology to the forefront of the market. The company's proprietary micro-environment-controlled Vertical Farming Units (VFUs) enable cultivators to produce the highest quality products with unmatched consistency, yield, and ROI at scale. Press: Agrify Receives Best Cultivation Technology Award from Green Market Report Agrify Announces Three New Rapid Deployment Program Customer Engagements Connect: Raymond Nobu Chang on LinkedIn Agrify Corp on LinkedIn Agrify Corp on Instagram Y Scouts is a leadership search firm that finds purpose-aligned and performance-proven leaders to help organizations achieve their missions faster. Ready to supercharge your leadership search and get the right person in your organization? Contact Y Scouts.
22 years ago, Fortune Magazine named Raymond Chang as one of the top 25 Next Generation Leaders in business. Now the serial entrepreneur is CEO of Agrify based in Billerica Massachusetts. Agrify is the most innovative provider of advanced cultivation and extraction solutions in the cannabis industry. He led their IPO to one of the most successful raises in history and Agrify continues to grow. In fact he's grown and sold companies over his entire career. He's founded major media companies, run venture funds, led New Venture Auto, and pretty much is off the charts successful in running multiple companies in different industries. Pretty much any company Raymond touches turns to golden success, and now he's focused on the green of the cannabis plant. He explains his personal reason for entering the industry on In The Weeds with Jimmy Young.
Ben Britton is the VP of Innovation at Agrify, a developer of premium grow solutions for the indoor agriculture marketplace. Previously, Ben was the Founder and CEO of PurePressure, the leading solventless equipment manufacturer in the cannabis industry, which was purchased by Agrify in January 2022. Ben has worked with over 7,000 clients and has developed a superior reputation for quality, reliability, precision, control, and exceptional customer service. At Agrify, Ben leverages his design and manufacturing experience to bring new technology to a broader aspect of the cannabis industry.
Raymond Chang is the CEO & Chairman of the Board for Agrify, the largest provider of cannabis and hemp cultivation solutions, as well as the managing director of NXT Ventures, an early-staged investment fund based in Boston.Raymond is a serial entrepreneur and founded GigaMedia, the first broadband internet company in Asia. In 2000, the company went public on NASDAQ and raised US$280mm, one of the largest IPOs for an Internet company prior to 2000. Raymond also founded Luckypai, a leading TV shopping company in China which he sold to Lotte Home Shopping for US$160mm. Summary:Leasing cannabis equipmentGrowing inside the boxThe journey to IPOM&A valuations#PotStock valuations Vertical Integrated Agriculture Using data, science, and technology, Agrify helps cultivators grow smarter, grow better, and grow profitably. As the most vertically integrated solutions provider in the cannabis and hemp industry, they deliver the future of growth with proprietary technology and a comprehensive ecosystem of products and services.With Precision Extraction and Cascade Sciences recently joining the Agrify family, Agrify continues to deliver quality and consistency from cultivation through extraction and post-processing operations. Episode 973 The #TalkingHedge interviews Raymond Chang, Chairman & CEO of Agrify...https://youtu.be/58E7f0_1aQY
CannaInsider - Interviews with the Business Leaders of The Legal Cannabis, Marijuana, CBD Industry
What happens when vertical farming meets cannabis? The highest quality, consistency, and yield at the lowest possible cost. Here to tell us more is Raymond Chang of Agrify, a developer of highly advanced grow solutions for the indoor agriculture marketplace. Learn more at https://www.agrify.com Key Takeaways: [1:01] An inside look at Agrify and its proprietary vertical farming solutions [1:53] Raymond's background as a serial entrepreneur and how he came to be CEO of Agrify [4:17] The different components that make up Agrify's automated cannabis grows, from vertical farmings units (VFUs) to advanced cultivation software [9:25] The ROI per square foot for a facility with vertical farming units versus one without [11:45] The price range for Agrify's vertical farming units and how they pay for themselves in less than a few months [16:08] Agrify's fine-tuned SaaS component and the insights growers are loving most [19:45] Agrify University, a 3,500 square foot vertical farming facility in MA that offers extensive hands-on training for new Agrify growers [20:27] Opportunities for cultivators to license their grow recipes to other cultivators through Agrify's platform [24:49] Where Raymond sees the cannabis' grow tech and automation space heading over the next 3-5 years
Extracting the BEST From Your Day with Dr. John MacKay, Scientific Editor
Josh Rutherford is the co-founder of Pure Pressure, the provider of innovative products for solventless extraction. He was recently named the VP of Corporate Development of Agrify, Inc. We will discuss the increasing interest in solventless extraction of cannabis. After graduating from the University of Colorada, Boulder, Josh applied his understanding to co-found Pure Pressure to develop a Computer-Aided Design (CAD) of a possible system that caught the attention of other like-minded people. He'll talk about the humble beginning to the acquisition by Agrify has been an incredible journey. Josh Rutherford VP Corporate Development Email: Josh@gopurepressure.com
Designing cultivation facility's components that integrate like Legos Much like Apple created proprietary products designed to work together, Agrify (NASDEQ: AGFY) cultivation components are designed the same way. CEO Raymond Chang joins Dan Humiston to explain how their comprehensive grow solutions have been developed with one mission in mind: to assist their partners in achieving the highest quality, consistency, and yield—at the lowest possible cost.Produced by PodConxMJBulls - https://podconx.com/podcasts/raising-cannabis-capitalDan Humiston - https://podconx.com/guests/dan-humistonAgrify - https://www.agrify.com/Raymond Chang - https://podconx.com/guests/raymond-chang
Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Following a run-down of today's top cannabis news and cannabis industry insights, we will connect with David Kessler, the Chief Science Officer of Agrify for a BofC Live conversation about the future growth of the sector worldwide.Last Wednesday | Our monthly Retail Series took place online to talk about how to prepare your cannabis retail store or dispensary for the 4/20 holiday. The event was presented by Leafly and Vetrina Group and full rundown of that event is here:https://businessofcannabis.com/2022/03/30/how-to-prepare-your-store-the-4-20-holiday-right-now/September 21 22 | Join us for Business of Cannabis: New York - a two-day expo and event highlighting cannabis retail tech, design and data as well as the emerging, new capital of cannabis: New York.https://bofc.me/bofcny2022Tune in on YouTube everyday at 10 am Eastern: https://bofc.me/youtubeVisit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Editor's Note: Click here to subscribe to our newsletter.This week, David Kessler, Chief Science Officer of Agrify discusses how intentional production will solve one of cannabis producers' biggest challenges: making a consistent product.Please make sure to like, subscribe and share the podcast. You could also help us out by giving the podcast a positive review. Finally, to email the podcast or suggest a potential guest, you can reach David Mantey at David @cannabisequipmentnews.com.
Raymond Nobu-Chang has had a series of highly successful startup launches and exits. That includes taking his first company public when he was just 29. The venture, LuckyPai has raised financing from top-tier investors like Lehman Brothers Holdings Inc. Tenaya Capital, DT Capital Partners, and Intel Capital. Raymond's next company, Agrify is also making waves having acquired three organizations like Precision Extraction Solutions, TriGrow, and Cascade Sciences.
Agrify (AGFY) stock price was up over 12% today. Agrify is a provider of premium cultivation and extraction solutions for the marijuana and hemp industries. The company brings data, science, and technology to its customers for unparalleled control over cultivation and extraction. CEO Raymond N. Chang weighs in on the record bookings of over $250M in 4Q21. AGFY stock price hit a 52-week high above $35 in August, 2021.
TIC Ep. 23 - Data-Rich Grows, The Scientific Method, & Agrify's Goals for the Cannabis Industry with Steve Drucker Today, we are joined by Steve Drucker of Agrify. Agrify has a goal of being the Apple in the grow industry by utilizing sensors, cameras and advanced software. They're able to collect over a million data points when growing the plant. We talk about his path of getting where he is today, how the art of growing is changing, and how the recent acquisitions will get them closer to their goal of being a fully integrated cannabis solution. ----- www.agrify.com https://www.linkedin.com/company/agrifycorp/mycompany/ https://www.facebook.com/AgrifyCorp https://www.instagram.com/agrifycorp/ https://www.twitter.com/Agrifycorp/ ----- For More Information, Episodes, & Stories, Visit Us! @TRICHOMES.com
TIC Ep. 20 - What It Takes To Be A One-Stop Shop For Cannabis Extractions & Industry Solutions with Nick Tennant from Precision Extraction Solutions Today we are joined by Nick Tennant of Precision Extraction Solutions. Nick is a leading authority on extraction technology and utilize his knowledge to architect a one stop shop solution for extraction and allow. We talk about his company recently being acquired by Agrify, the future of extraction and how they are positioned to be a dominant force in the industry. ---- https://precisionextraction.com/ https://www.linkedin.com/in/tenn/ https://www.instagram.com/precisionextraction ---- TRICHOMES.com talks with game changers in the tech community to gain valuable insights into the future of the fast paced cannabis industry. To reach the show email: techincannabis@trichomes.com
Agrify (AGFY) is a developer of indoor grow solutions, and is one of George Tsilis' overlooked stocks. Roth Capital maintains a buy rating on Agrify and it raises price target to $31. The next overlooked stock is Beauty Health (SKIN) whose flagship brand, Hyrdafacial, is a beauty health platform bridging medical and consumer retail, and its stock hit a new high on Friday. Finally, Stride (LRN) is a technology-based education company that offers curriculum, software systems and educational services, and its 4Q revenue came in at $397.51M. Tune in to find out more.
CannaInsider - Interviews with the Business Leaders of The Legal Cannabis, Marijuana, CBD Industry
What happens when vertical farming meets cannabis? Here to tell us is Raymond Chang of Agrify, a developer of highly advanced grow solutions for the indoor agriculture marketplace. Learn more at https://www.agrify.com Key Takeaways: [1:01] An inside look at Agrify and its proprietary vertical farming solutions [1:53] Raymond's background as a serial entrepreneur and how he came to be CEO of Agrify [4:17] The different components that make up Agrify's automated cannabis grows, from vertical farmings units (VFUs) to advanced cultivation software [9:25] The ROI per square foot for a facility with vertical farming units versus one without [11:45] The price range for Agrify's vertical farming units and how they pay for themselves in less than a few months [16:08] Agrify's fine-tuned SaaS component and the insights growers are loving most [19:45] Agrify University, a 3,500 square foot vertical farming facility in MA that offers extensive hands-on training for new Agrify growers [20:27] Opportunities for cultivators to license their grow recipes to other cultivators through Agrify's platform [24:49] Where Raymond sees the cannabis' grow tech and automation space heading over the next 3-5 years
Good friend of the show and cultivation data fanatic David K from Agrify is back on the program! Today he's here for an extremely enlightening and information-packed episode all about the science behind legacy cultivation practices. David talks about some seriously hot button issues, and shares the data that he's collected from all of Agrify's different cultivation data sets. He takes on the topic of defoliation, explaining which aspects of defoliation create desirable results, and which parts are misunderstood. David also gives an interesting take on taking cuttings for clones, showing data the reveals we may not be taking cuttings optimally. He also addresses the topic of flushing, explaining how flushing is misunderstood, but also some of the ancillary ways it may contribute to a smoother smoking experience... Visit www.agrify.com to find out more about David's work! ---WE LOVE AC INFINITY! Industry ventilation leaders, now with tents, pots, scissors and more! www.acinfinity.com use promo code growcast15 for 15% off the BEST grow fans in the game!--- ---Proud parters of Photontek- top of the line, efficient and powerful LED grow lights- use code growcast at www.photontek-lighting.com to save 5% off your high-end full spectrum grow lights! www.photontek-lighting.com code growcast--- ---Proud partners of Plant Revolution! www.plantrevolution.com try their new King Crab beneficial bacteria today! Increase nutrient uptake, photosynthesis, soil breakdown, and more! This product will be a game changer for you in ANY cultivation setup!---
Good friend of the show and cultivation data fanatic David K from Agrify is back on the program! Today he's here for an extremely enlightening and information-packed episode all about the science behind legacy cultivation practices. David talks about some seriously hot button issues, and shares the data that he's collected from all of Agrify's different cultivation data sets. He takes on the topic of defoliation, explaining which aspects of defoliation create desirable results, and which parts are misunderstood. David also gives an interesting take on taking cuttings for clones, showing data the reveals we may not be taking cuttings optimally. He also addresses the topic of flushing, explaining how flushing is misunderstood, but also some of the ancillary ways it may contribute to a smoother smoking experience... Visit www.agrify.com to find out more about David's work! ---WE LOVE AC INFINITY! Industry ventilation leaders, now with tents, pots, scissors and more! www.acinfinity.com use promo code growcast15 for 15% off the BEST grow fans in the game!--- ---Proud parters of Photontek- top of the line, efficient and powerful LED grow lights- use code growcast at www.photontek-lighting.com to save 5% off your high-end full spectrum grow lights! www.photontek-lighting.com code growcast--- ---Proud partners of Plant Revolution! www.plantrevolution.com try their new King Crab beneficial bacteria today! Increase nutrient uptake, photosynthesis, soil breakdown, and more! This product will be a game changer for you in ANY cultivation setup!---
Good friend of the show and cultivation data fanatic David K from Agrify is back on the program! Today he's here for an extremely enlightening and information-packed episode all about the science behind legacy cultivation practices. David talks about some seriously hot button issues, and shares the data that he's collected from all of Agrify's different cultivation data sets. He takes on the topic of defoliation, explaining which aspects of defoliation create desirable results, and which parts are misunderstood. David also gives an interesting take on taking cuttings for clones, showing data the reveals we may not be taking cuttings optimally. He also addresses the topic of flushing, explaining how flushing is misunderstood, but also some of the ancillary ways it may contribute to a smoother smoking experience... Visit www.agrify.com to find out more about David's work! ---WE LOVE AC INFINITY! Industry ventilation leaders, now with tents, pots, scissors and more! www.acinfinity.com use promo code growcast15 for 15% off the BEST grow fans in the game!--- ---Proud parters of Photontek- top of the line, efficient and powerful LED grow lights- use code growcast at www.photontek-lighting.com to save 5% off your high-end full spectrum grow lights! www.photontek-lighting.com code growcast--- ---Proud partners of Plant Revolution! www.plantrevolution.com try their new King Crab beneficial bacteria today! Increase nutrient uptake, photosynthesis, soil breakdown, and more! This product will be a game changer for you in ANY cultivation setup!---
David Kessler is the Chief Science Officer at Agrify. He has 20+ years of cannabis cultivation experience including 10 years of CEA (closed environmental agriculture) indoor farm design. David’s focus on the application of technology to optimize process & workflow while reducing operational costs are a common theme throughout his prolific industry publications. David also regularly lectures at many cannabis industry events including MJBizCon Las Vegas, Cannabis Science Conference Baltimore, and Michigan’s Cannabis-Aid.
Agrify is a developer of grow solutions for indoor agriculture, primarily for the cannabis market. CEO Raymond Chang joins Rena to discuss why indoor vertical farming will change the industry. CPG as the future of cannabis. Driving science, data and consistency. Importance of genetics and grow environment. Proprietary measures around design and safety. Building cannabis insight. Learn more about your ad choices. Visit megaphone.fm/adchoices
Producing consistent yields has been a longstanding challenge for even the most experienced cultivators. Agrify, a developer of premium grow solutions, aims to make the cultivation process as streamlined and predictable as possible. In this episode, we talk to President and CEO Raymond Chang about the importance of utilizing technology to establish cannabis as the next CPG space and the global opportunities in store for cannabis cultivation.
We are back at it today, speaking with Chris Tenaglia of Valiant Group America, as he brings his unique experience of the construction side of the cannabis industry to light. Valiant is a vertically integrated team, meaning they have professionals from all aspects of the construction industry, in-house. This eases confusion throughout the entire process, and makes for great communication throughout the company and for the client. Chris, the chief operating officer of Valiant, speaks with us today about his experiences at Valiant and calls out the bullshit he's had to deal with throughout his time in the industry. 3 Lessons Learned: The expense differences and effects of growing cannabis in different climates, specifically the NorthEast. With drastic changes in humidity and temperature throughout the year in the east, compared to the dry, sunny climate in the west, east coast facilities usually have to double up on most of their supplies and equipment. Massachusetts has one of the highest percentages of testing regulations for mold in the cannabis industry. This is due to the area's high humidity. Vet whoever you are hiring in this industry - especially as a consultant. The wrong advice will cost you millions in this industry, as Chris and I have seen from firsthand experience, and you need to make sure your employees and associates are legitimate, with real experience that is backed up by a reference/ List of Topics/subjects discussed: Valiant Group and their vertically integrated team. What do they do? Difficulties with growing in different regions throughout the United States, specifically in the northeast and how that effects cost Compliance and regulatory changes on the east coast as compared to the west coast Valiant Group's partnership with Agrify Agrify's vertical farming unit (VFU) and how it can benefit you in the long run. LED vs. HPS Lights In Valiant's customer base, how many are people fixing their mistakes compared to people starting off on their company on the right foot? What is the easiest state to grow in? Lighting and regulations specifically with electricity. The difficulty of licensing on the east coast, especially when entering the market (if you can) Cannabis cultivation is not a normal construction build. Why? Issues between growers and owners when building a facility and their lack of understanding. The importance of recognizing con-consultants and vetting out your potential employees. Valiant's experiences with companies Guest Bio and Social Media Links: Valiant is a leader in development, management, consulting and general contracting. With past experience in restaurants, hotels, hospitals, and other industrial buildings, Valiant's newfound success follows a decade-long specialization in commercial development of cannabis cultivation facilities and dispensaries. The construction giant's claim to fame is their vertically-integrated trades structure. The structure allows Valiant to train all of their own employees instead of hiring subcontractors. This maximizes quality of work and minimizes the timeline of each project. Most recently, Valiant was selected as the primary distributor and installer for Agrify, a high-tech firm specializing in state-of-the-art, software-controlled cannabis vertical farming units and modular containers. Christopher Tenaglia, Chief Operating Officer of Valiant, has extensive leadership experience over various industries including finance, production and construction. His relevant qualifications include a bachelor's degree in Business Administration from Colby-Sawyer College, an unrestricted construction supervisor license, a Class A commercial driver's license, and OSHA 30. Christopher regularly manages teams of over 100 employees and has owned and managed several companies over the past 10 years. Across all of the multi-million dollar Valiant projects, Chris is a driving force in the field as a coordinator with all company personnel, schedules, assurance of deadlines & timelines, leadership & management meetings, and point-person for all communication regarding Valiant business matters and ongoing projects. Website: www.valiant-america.com insta: @ValiantAmerica Linkedin: https://www.linkedin.com/company/valiant-america/ twitter: @Valiant_America Facebook: Facebook.com/ValiantAmerica For more on mold testing throughout the United States: https://cannabisindustryjournal.com/feature_article/an-insiders-view-how-labs-conduct-cannabis-mold-testing/ Credits: Audio Editing - Seth Cross - Frontal Lobe Productions Intro/Outro - Jef Judin Music - The Master by Flashing Lights Show Notes: Henley Beall Podcast Links: Click on the podcast hosting site you use below to subscribe to this podcast! Please leave a review if you enjoyed the show, it helps bring in more listeners! Itunes Spreaker Google Play Stitcher Tunein Join and Like our Facebook Page!
David Kessler is the VP of Agriculture & Horticulture at Agrify, a technology company providing precision cultivation solutions to the cannabis industry.
In this episode, we will learn from Rachel Fournier from Agrify Corporation, a developer of premium indoor grow solutions for the cannabis and hemp industry.Connect with Rachel:https://www.agrify.comThank you for listening to The Sustainability and Cannabis Podcast.If you would like to be on the show, email podcast@contempopackaging.com
Rachel Fournier, Director of Marking at Agrify, joined the podcast to talk about why they focus on cannabis over hemp, what's in Agify's pipeline, and shares her gaming changing Cannabiz Media tips you need to hear! Agrify is a rapidly growing developer of premium indoor grow solutions for the cannabis and hemp marketplace. Our comprehensive grow solutions have been developed with one mission in mind: to assist horticulturalists in producing the highest quality crop possible with consistency and superior yields. Agrify is a non-plant touching company. Find out more at www.agrify.com. Head over to www.cannabiz.media/cannacurio for a full transcription and find us on social media for more clips of new and upcoming episodes. Visit www.cannabiz.media to join thousands of reputable companies from around the world who are engaging and connecting with the cannabis and hemp industry!
David recently joined our podcast host TG Branfalt to discuss the potential of Agrify's cultivation technology, the important role being played by data collection and analysis in the modern cannabis industry, his advice for entrepreneurs who are feeling overwhelmed by the advent of technology in cultivation practices, and more! For a full transcript:
SAVE THE DATE BENZINGA CANNABIS CAPITAL CONFERENCEThe premier gathering of cannabis entrepreneurs and investors in North America returns for a 2-Day Hybrid Event on October 14-15.Buy Tickets here!News:Jay-Z-Backed The Parent Co. Revenue Grows 18.9% YoY To $54.2M In Second Quarter BZ WireTPCO Holding Corp. (NEO: GRAM.U) (OTCQX:GRAMF), which does business asThe Parent Company, announced its second-quarter financial results on Monday, revealing net sales of $54.2 million, representing approximately 18.9% growth compared to the adjusted Q12021 revenue of approximately $45.6 million.The earnings release comes on the heels of the company's appointment of Troy Datcher to serve as the Company's new CEO, effective Sept 8th.Datcher's historic appointment represents the first time a Black CEO will lead a major publicly traded U.S. cannabis organization. Q2 2021 Financial HighlightsAdjusting for a full year of sales beginning January 1, 2021, H1 2021 net sales would have been approximately $99.8 millionGross profit in Q2 2021 was $8.1 million representing a gross margin of 15% in Q2 2021;Adjusted EBITDA loss for Q2 2021 was $10.4 million primarily attributable to the ongoing operations of the Company's core business;Operating expenses in Q2 2021 were $60.7 million, of which $31.8 million were non-cash expenses;Cash and cash equivalents totaled $257.5 million as of June 30, 2021 compared to $281.0 million as of March 31, 2021.Episode Summary:Patrick and Javier talk to Raymond Nobu Chang, CEO of Agrify about lack of consistency in the Cannabis Industry.Guests:Raymond Nobu Chang: President, CEO & Board Member, Agrify 11:00https://www.agrify.com/Hosts:Elliot Lanehttps://twitter.com/ElliotLane10Javier Hassehttps://www.twitter.com/JavierHasseSubscribe to our Cannabis Daily Podcast for daily Cannabis news and trade ideas.Follow us on Social at https://twitter.com/BZCannabisCheck Out https://www.benzinga.com/cannabis/ for Cannabis And Psychedelics News and Stock PicksGet Notified of future BZ Cannabis Events at https://www.benzinga.com/events/cannabisSubscribe to the Cannabis Insider Newsletter https://share.hsforms.com/1SD_FsDd8TnS-RYQYnORPFw1npzhBenzinga Cannabis Hour is a podcast focused on marijuana and all things weed, CBD, hemp and psychedelics. Hosts include Elliot Lane, Javier Hasse and Patrick Lane.Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Support this podcast at — https://redcircle.com/benzinga-cannabis-hour/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Lemonhaze Creates Exclusive Experiences Connecting the Cannabis Space and we learn more from CEO Brian Yauger, regarded as the “Most Connected Man in Cannabis.Brian is the mastermind behind the boutique events company, the architect of exclusive experiences connecting the cannabis space. Lemonhaze also produces “the most coveted invitation in the cannabis industry,” the Lemonhaze Cannabis Industry Executive Golf Invitational in Las Vegas.We learn aboutHow the Lemonhaze Cannabis Industry Executive Golf Invitational became the largest gathering of influential decision-makers in legal cannabis assembled in one place and time. How with the Invitational, the company earned a reputation as “the Allen and Co. of the cannabis industry,” compared to the investment firm's annual gathering of tech and media moguls, and where some of the biggest deals in history are devised. An example of the kinds of deals born at Lemonhaze events is the recent $400 million 10-year partnership agreement between Agrify and Gold Leaf Florida.The Lemonhaze Virtual Up-Fronts described as “speed dating for cannabis buying.” These events offer a unique opportunity for product salespeople and dispensary buyers to directly engage through the efficiency of video meetings and sales platforms.The Lemonhaze Budtenders First Parties, VIP events made to spotlight the importance of Budtenders as the engines that run the industry. These events are part of a push by Lemonhaze to make the week after 420 “Budtender Appreciation Week.”