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Agrify (AGFY) Enters into Binding Letter of Intent for an Additional $3M Contract with Hannah Industries for Facility Build-Out and Installation of 179 Vertical Farming Units

February 19, 2021 7:03 AM EST

Agrify Corporation (NasdaqCM: AGFY) (Agrify or the Company), a developer of highly advanced and proprietary precision hardware and software grow solutions for the indoor agriculture marketplace, today announced it has entered into a binding letter of intent, which sets forth the principal terms of a contract currently being negotiated with Hannah Industries (Hannah), a leading Tier 2 producer and distributor of cannabis in Washington State, for the design and build-out... More