TROY, Mich. - Agrify Corporation (NASDAQ:AGFY), a provider of cultivation and extraction solutions for the cannabis industry, has announced a new partnership with multi-state operator Justice Cannabis Co. The deal includes the provision of a comprehensive hydrocarbon extraction and lab equipment package for Justice Cannabis's expansion into the New Jersey market.
The equipment package sold to Justice Cannabis comprises an X10 Hydrocarbon Extractor, Filtration Equipment, a Solvent Recovery System, a 20L Decarboxylation Package, a Diamond-Miner, and a Thin-Film Distillation System. In addition, Justice Cannabis has acquired Agrify's UL-Compliant C1D1 Explosion Proof Room, designed for safe and easy installation in less than one day, complete with PSI technical report certification.
Justice Cannabis Co., established in 2014 by civil rights attorneys in Chicago, operates under the pillars of adventure and exploration. It currently holds licenses across seven states and runs three dispensaries in New Jersey under the Bloc Dispensary brand, selling flower under the Crops brand.
The partnership with Agrify is set to support Justice Cannabis's approximately 72,000 square feet cultivation and extraction facility buildout. Raymond Chang, Chairman and CEO of Agrify, expressed pride in being the partner of choice for Justice Cannabis Co. and conveyed excitement for the upcoming extraction facility in New Jersey.
Alexzandra Fields, President at Justice Cannabis Co., noted the successful collaboration with Agrify on their Illinois extraction facility and anticipates bringing extraction-based products to the New Jersey market.
Agrify's offerings include Vertical Farming Units (VFUs) and a range of extraction technologies, aiming to maximize yield, consistency, and ROI for cannabis producers.
This announcement is based on a press release statement.
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