Agrify Corporation stands as a significant player in the cannabis and hemp industries, offering a comprehensive suite of hardware and software solutions designed to optimize both cultivation and extraction processes. Established in 2016 and headquartered in Billerica, Massachusetts, the company has evolved its mission to deliver innovative, data-driven tools that empower cultivators and extractors to achieve superior results and maximize return on investment. Amidst evolving market dynamics and recent strategic realignments, Agrify continues to provide advanced equipment and technology solutions.
Agrify’s Integrated Cultivation Arsenal
At the core of Agrify’s cultivation offerings are its proprietary Vertical Farming Units (VFUs). These modular, enclosed systems are engineered to create precisely controlled micro-climates, enabling cultivators to achieve unparalleled consistency, yield, and quality. Each VFU is equipped with integrated environmental controls, advanced LED grow lights like the Genesis and Model R Horticulture LEDs, and sensors that allow for granular management of variables such as temperature, humidity, and irrigation. Agrify’s approach emphasizes a scientific, data-driven methodology, transforming indoor agriculture by minimizing risks and optimizing production schedules. These sophisticated tools are designed to maximize facility space and output, allowing growers to produce higher potency crops while reducing operational costs.
Precision Extraction: Expanding Capabilities
Complementing its cultivation expertise, Agrify provides a robust portfolio of extraction equipment and services. The company has strategically expanded its capabilities in this area through acquisitions, notably bringing Precision Extraction Solutions and Cascade Sciences into its fold. This integrated approach offers cutting-edge technologies for hydrocarbon, ethanol, and solventless extraction, as well as post-processing and laboratory services. Agrify’s extraction equipment package includes advanced systems such as hydrocarbon extractors, solvent recovery systems, decarboxylation units, and distillation systems, empowering producers to maximize the quantity and quality of extracts for premium concentrates. These comprehensive solutions aim to support clients across various stages of production, from initial extraction to final product refinement.
Agrify Insights: The Brains Behind the Operation
The technological backbone of Agrify’s integrated solutions is its proprietary Agrify Insights Software-as-a-Service (SaaS) platform. This cloud-based system serves as the central hub for monitoring, managing, and optimizing cultivation and extraction operations. Agrify Insights collects and analyzes vast amounts of data—upwards of 1.5 million data points annually per VFU—to provide actionable insights into environmental conditions, yield forecasting, and plant health. Cultivators can refine grow plans, manage plant-touching tasks, and track crucial metrics like wet/dry yields, cannabinoid profiles, and terpene content. This data-driven approach not only enhances operational efficiency but also ensures greater consistency and predictability in harvests, a critical factor for brand reputation and customer loyalty in the competitive cannabis market.
Strategic Evolution and Market Positioning
Agrify has undergone significant strategic shifts in recent years. While navigating financial challenges and restructuring efforts, the company has actively reshaped its business model. A notable development is the acquisition of a portfolio of brand intellectual properties, including RYTHM, Dogwalkers, and Beboe, from Green Thumb Industries for $50 million. This acquisition, completed in August 2025, has led to Agrify’s planned name change to RYTHM, Inc., with trading set to commence under the ticker symbol RYM on September 2, 2025. Concurrently, the company has sold its cultivation business to focus on more attractive growth categories, particularly its Señorita brand of hemp-derived THC beverages, and brand licensing. These strategic moves position the company to capitalize on rising consumer demand for well-being products and alternatives to alcohol. Agrify (now RYTHM, Inc.) is recognized as one of the trending cannabis stocks to watch in November 2025, reflecting its ongoing adaptation and positioning within the dynamic sector.
The Future Landscape
Agrify Corporation, poised for its transition to RYTHM, Inc., is charting a course focused on integrated brand solutions, cannabis and hemp extraction equipment, and the expanding market for hemp-derived THC products. By combining its legacy of providing advanced cultivation and extraction tools with a strategic pivot towards brand equity and licensing, the company aims to achieve robust topline growth. The future of Agrify—and its emerging identity as RYTHM—hinges on its ability to leverage its technological foundation and adapt to evolving consumer preferences and regulatory landscapes, continuing to offer innovative equipment and market-ready solutions in the burgeoning cannabis and hemp industries.
