Agrify introduces vertical farming unit next generation technology

Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a vertically integrated provider of premium cultivation and extraction solutions for the cannabis and hemp industry, announced new and improved technology for its micro-environment-controlled Vertical Farming Units (“VFUs”), which the Company will unveil at MJBizCon 2021, booth C3512, being held October 19-22 in Las Vegas, Nevada. The upgraded VFUs offer updated features integral to cultivator success, including industry-first 3.0 micro-moles per Joule, NSF certified lighting, cameras, soil sensors, and automated harvest weight tracking, and will be available in the first quarter of 2022.

“These enhancements which seamlessly integrate with our Agrify Insights software should maximize the ability of our customers to produce more consistent, efficient, and higher quality crop yields,” said Agrify CEO Raymond Chang. “The latest VFU innovations reflect our long-standing mission to continuously improve our products to deliver the best fully integrated end-to-end indoor growing solution. We believe our new VFUs further raise the bar for the whole cannabis cultivation sector by optimizing cultivation and minimizing risk. The efficiencies they deliver are unprecedented, allowing post-harvest plant processing times to be greatly reduced so our customers can go to market faster and generate greater ROI.”

New features of the enhanced VFUs include:

• Durable, spectrum adjustable lights that can be precisely tailored to serve the specific needs of different cannabis plants. Delivering approximately a 40% increase in light output, with best-in-class power efficiency of 3.0 micro-moles per Joule, their performance is backed by several certification standards including DLC, NSF, and UL.

• A camera system powered by Agrify Insights with continuous image analysis that is capable of monitoring plant health in real time. This new camera system captures both the visible and infrared spectrum to proactively identify issues before they can be seen with the naked eye.

• Continuous soil quality detection through moisture and electric conductivity sensing, minimizing risk from facility anomalies, nutrient deficiencies, and improper irrigation and fertigation schedules.

• A fully integrated plug-and-play system for automated harvest weight data capture, via the Company’s partnership with Outlaw Technology, the industry leader in RFID and barcode data capture solutions. This integration effectively eliminates the need to manually enter data into METRC, thus reducing human error and allowing for accurate inventory input and audits to be completed in minutes instead of hours.
  

About Agrify

Agrify is a vertically integrated provider of premium cultivation and extraction solutions for the cannabis and hemp industry. Our proprietary micro-environment-controlled Vertical Farming Units (VFUs) enable our customers to produce the highest quality products with unmatched consistency, yield, and ROI at scale. Agrify brings data, science, and technology to its customers for unparalleled control over cultivation and extraction. For more information, please visit Agrify at http://www.agrify.com, and Precision Extraction, a division of Agrify, at http://www.precisionextraction.com.