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Agrify Corporation (NASDAQ: AGFY) announced on Tuesday that it has signed a $500 000 turnkey hydrocarbon extraction and lab equipment package with Grotech Farms LLC, an annual licensed cannabis operator founded by Miriam Porter and partners.Grotech Farms will be creating a wide range of craft concentrates, live resin, and distillate to introduce to New Jersey."It's fantastic to see the continuous adoption of Agrify's extraction technologies in the Garden State," Raymond Chang, chairman and CEO of Agrify, said. "We are thrilled to be part of the process of creating high-quality extracts as a form of plant medicine in partnership with a company that is rooted in quality."
Curaleaf International (OTC: CURLF), a leading cannabis company, is expanding its footprint across the UK, Germany and Poland. This strategic expansion is not only about entering new markets but also about outpricing the illegal cannabis trade. What drives their decision to enter specific markets?