The deal with Florida-based medical marijuana treatment center Gold Leaf Florida marks Agrify’s first partnership in the Sunshine State
Nasdaq traded Agrify Corporation, a vertically integrated provider of cultivation and extraction solutions for the cannabis and hemp industry, will be announcing its largest Agrify Total Turn-Key Solution partnership to date.
Anticipated to generate more than $140 million in revenue over the first three years of cultivation, and more than $400 million over the full 10-year partnership, the deal with Florida-based medical marijuana treatment center Gold Leaf Florida marks Agrify’s first partnership in the Sunshine State. Under the terms of the agreement, Agrify will install 1,510 of its Vertical Farming Units at Gold Leaf’s facility, where 100,000 square feet will be dedicated to VFU cultivation. In addition, Agrify will provide architectural and engineering services, its Agrify Insights cultivation software on a SaaS basis, operations consulting and brand licensing.
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