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2021-10-05

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Nasdaq-Traded Agrify Corp Acquires Cannabis Co.'s Precision Extraction, Cascade Sciences For $50M<blockquote>纳斯达克上市的 Agrify Corp 以 5000 万美元收购 Cannabis Co. 的 Precision Extraction、Cascade Sciences</blockquote>

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The total purchase price may be adjusted to up to $65 million based on the performance of the Cascade and Precision businesses for the fiscal year ending December 31, 2021.<blockquote>3000万美元以现金支付，2000万美元以Agrify普通股支付。根据级联和精密业务截至2021年12月31日的财年的业绩，总收购价格可能会调整至6500万美元。</blockquote> Why It Matters<blockquote>为什么它很重要</blockquote> With the addition of Precision and Cascade, Agrify has expanded its core business beyond cultivation by gaining instant access to complementary and highly attractive areas of the supply chain.<blockquote>随着Precision和Cascade的加入，Agrify通过即时进入供应链中互补且极具吸引力的领域，将其核心业务扩展到了种植之外。</blockquote> Precision and Cascade offer cutting-edge technologies and end-to-end service solutions for cannabis and hemp extraction and post-processing. These leading brands have collectively worked with&nbsp;more than 30 multi-state operators&nbsp;and more than1,000 cannabis and hemp customers.<blockquote>Precision和Cascade为大麻和大麻提取和后处理提供尖端技术和端到端服务解决方案。这些领先品牌集体合作30多个多状态运算符而且不止1,000名大麻和大麻客户.</blockquote> Precision and Cascade expect to generate approximately $40 million in revenue in 2021 with positive EBITDA.<blockquote>Precision 和 Cascade 预计 2021 年将产生约 4000 万美元的收入，EBITDA 为正。</blockquote> “We are thrilled to announce the acquisition of Precision and Cascade, two companies that share our strong commitment and passion for delivering leading-edge solutions and exceptional customer service to the cannabis and hemp industry,” saidRaymond Chang, CEO of Agrify. “Precision and Cascade have stellar reputations and powerful leadership positions in their respective spaces, which is a perfect complement to our existing business and should allow us to leverage new competitive advantages and synergies in order to accelerate our growth plans.”<blockquote>“我们很高兴地宣布收购 Precision 和 Cascade，这两家公司与我们一样，都致力于为大麻和大麻行业提供领先的解决方案和卓越的客户服务，”他说。Raymond Chang，Agrify 首席执行官. “Precision 和 Cascade 在各自领域享有卓越的声誉和强大的领导地位，这是对我们现有业务的完美补充，并将使我们能够利用新的竞争优势和协同效应，以加速我们的增长计划。”</blockquote> What’s Next<blockquote>下一步是什么</blockquote> As a result of this transaction, Agrify now has a&nbsp;physical presence in seven U.S. states, with a growing number of clients and business partners distributed throughout the country.<blockquote>由于此次交易，Agrify 现在拥有在美国七个州开展业务越来越多的客户和业务合作伙伴遍布全国。</blockquote> The acquisition is projected to&nbsp;nearly double Agrify's 2021 revenue&nbsp;and is immediately accretive with positive gross margins and EBITDA contribution.<blockquote>此次收购预计将Agrify 2021 年收入几乎翻倍并立即实现正毛利率和 EBITDA 贡献。</blockquote> “We are proud to partner with Agrify to create the most vertically integrated total solutions provider in the cannabis and hemp market,” saidNick Tennant, founder and chief technology officer of Precision. “We have seen firsthand that customers are craving best-in-class solutions that address the many challenges they encounter across the supply chain from a single trusted source. With a diverse suite of cultivation and post-harvest solutions, our combined organizations are poised to leverage our additional scale to become a dominant force within the industry.”<blockquote>“我们很荣幸能与 Agrify 合作，打造大麻和大麻市场最垂直整合的整体解决方案提供商。”Nick Tennant，Precision 创始人兼首席技术官. “我们亲眼目睹了客户渴望从单一可靠来源获得一流的解决方案，以解决他们在整个供应链中遇到的诸多挑战。凭借一套多样化的种植和收获后解决方案，我们合并后的组织已做好准备，利用我们额外的规模，成为行业内的主导力量”。</blockquote>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq-Traded Agrify Corp Acquires Cannabis Co.'s Precision Extraction, Cascade Sciences For $50M<blockquote>纳斯达克上市的 Agrify Corp 以 5000 万美元收购 Cannabis Co. 的 Precision Extraction、Cascade Sciences</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq-Traded Agrify Corp Acquires Cannabis Co.'s Precision Extraction, Cascade Sciences For $50M<blockquote>纳斯达克上市的 Agrify Corp 以 5000 万美元收购 Cannabis Co. 的 Precision Extraction、Cascade Sciences</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-10-05 16:29\n\n</h4>\n</header>\n<article>\nHardware and software cultivation solutions developer&nbsp;AgrifyCorporation(NASDAQ:AGFY) announced Monday it has acquired&nbsp;Precision Extraction Solutions and Cascade Sciences, two of the leading companies in the extraction, post-processing and testing equipment and solutions space, from&nbsp;Sinclair Scientific.<blockquote>硬件和软件种植解决方案开发商农业公司（纳斯达克股票代码：AGFY）周一宣布已收购精密提取解决方案和级联科学提取、后处理和测试设备及解决方案领域的两家领先公司，来自辛克莱科学公司。</blockquote> What Happened<blockquote>发生了什么事</blockquote> Agrify acquired Precision and Cascade for $50 million.<blockquote>Agrify 以 5000 万美元收购了 Precision 和 Cascade。</blockquote> $30 million were paid in cash and $20 million in value of Agrify common stock. The total purchase price may be adjusted to up to $65 million based on the performance of the Cascade and Precision businesses for the fiscal year ending December 31, 2021.<blockquote>3000万美元以现金支付，2000万美元以Agrify普通股支付。根据级联和精密业务截至2021年12月31日的财年的业绩，总收购价格可能会调整至6500万美元。</blockquote> Why It Matters<blockquote>为什么它很重要</blockquote> With the addition of Precision and Cascade, Agrify has expanded its core business beyond cultivation by gaining instant access to complementary and highly attractive areas of the supply chain.<blockquote>随着Precision和Cascade的加入，Agrify通过即时进入供应链中互补且极具吸引力的领域，将其核心业务扩展到了种植之外。</blockquote> Precision and Cascade offer cutting-edge technologies and end-to-end service solutions for cannabis and hemp extraction and post-processing. These leading brands have collectively worked with&nbsp;more than 30 multi-state operators&nbsp;and more than1,000 cannabis and hemp customers.<blockquote>Precision和Cascade为大麻和大麻提取和后处理提供尖端技术和端到端服务解决方案。这些领先品牌集体合作30多个多状态运算符而且不止1,000名大麻和大麻客户.</blockquote> Precision and Cascade expect to generate approximately $40 million in revenue in 2021 with positive EBITDA.<blockquote>Precision 和 Cascade 预计 2021 年将产生约 4000 万美元的收入，EBITDA 为正。</blockquote> “We are thrilled to announce the acquisition of Precision and Cascade, two companies that share our strong commitment and passion for delivering leading-edge solutions and exceptional customer service to the cannabis and hemp industry,” saidRaymond Chang, CEO of Agrify. “Precision and Cascade have stellar reputations and powerful leadership positions in their respective spaces, which is a perfect complement to our existing business and should allow us to leverage new competitive advantages and synergies in order to accelerate our growth plans.”<blockquote>“我们很高兴地宣布收购 Precision 和 Cascade，这两家公司与我们一样，都致力于为大麻和大麻行业提供领先的解决方案和卓越的客户服务，”他说。Raymond Chang，Agrify 首席执行官. “Precision 和 Cascade 在各自领域享有卓越的声誉和强大的领导地位，这是对我们现有业务的完美补充，并将使我们能够利用新的竞争优势和协同效应，以加速我们的增长计划。”</blockquote> What’s Next<blockquote>下一步是什么</blockquote> As a result of this transaction, Agrify now has a&nbsp;physical presence in seven U.S. states, with a growing number of clients and business partners distributed throughout the country.<blockquote>由于此次交易，Agrify 现在拥有在美国七个州开展业务越来越多的客户和业务合作伙伴遍布全国。</blockquote> The acquisition is projected to&nbsp;nearly double Agrify's 2021 revenue&nbsp;and is immediately accretive with positive gross margins and EBITDA contribution.<blockquote>此次收购预计将Agrify 2021 年收入几乎翻倍并立即实现正毛利率和 EBITDA 贡献。</blockquote> “We are proud to partner with Agrify to create the most vertically integrated total solutions provider in the cannabis and hemp market,” saidNick Tennant, founder and chief technology officer of Precision. “We have seen firsthand that customers are craving best-in-class solutions that address the many challenges they encounter across the supply chain from a single trusted source. With a diverse suite of cultivation and post-harvest solutions, our combined organizations are poised to leverage our additional scale to become a dominant force within the industry.”<blockquote>“我们很荣幸能与 Agrify 合作，打造大麻和大麻市场最垂直整合的整体解决方案提供商。”Nick Tennant，Precision 创始人兼首席技术官. “我们亲眼目睹了客户渴望从单一可靠来源获得一流的解决方案，以解决他们在整个供应链中遇到的诸多挑战。凭借一套多样化的种植和收获后解决方案，我们合并后的组织已做好准备，利用我们额外的规模，成为行业内的主导力量”。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/nasdaq-traded-agrify-corp-acquires-211011667.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/nasdaq-traded-agrify-corp-acquires-211011667.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165845551","content_text":"Hardware and software cultivation solutions developer AgrifyCorporation(NASDAQ:AGFY) announced Monday it has acquired Precision Extraction Solutions and Cascade Sciences, two of the leading companies in the extraction, post-processing and testing equipment and solutions space, from Sinclair Scientific.\nWhat Happened\nAgrify acquired Precision and Cascade for $50 million.\n$30 million were paid in cash and $20 million in value of Agrify common stock. The total purchase price may be adjusted to up to $65 million based on the performance of the Cascade and Precision businesses for the fiscal year ending December 31, 2021.\nWhy It Matters\nWith the addition of Precision and Cascade, Agrify has expanded its core business beyond cultivation by gaining instant access to complementary and highly attractive areas of the supply chain.\nPrecision and Cascade offer cutting-edge technologies and end-to-end service solutions for cannabis and hemp extraction and post-processing. These leading brands have collectively worked with more than 30 multi-state operators and more than1,000 cannabis and hemp customers.\nPrecision and Cascade expect to generate approximately $40 million in revenue in 2021 with positive EBITDA.\n“We are thrilled to announce the acquisition of Precision and Cascade, two companies that share our strong commitment and passion for delivering leading-edge solutions and exceptional customer service to the cannabis and hemp industry,” saidRaymond Chang, CEO of Agrify. “Precision and Cascade have stellar reputations and powerful leadership positions in their respective spaces, which is a perfect complement to our existing business and should allow us to leverage new competitive advantages and synergies in order to accelerate our growth plans.”\nWhat’s Next\nAs a result of this transaction, Agrify now has a physical presence in seven U.S. states, with a growing number of clients and business partners distributed throughout the country.\nThe acquisition is projected to nearly double Agrify's 2021 revenue and is immediately accretive with positive gross margins and EBITDA contribution.\n“We are proud to partner with Agrify to create the most vertically integrated total solutions provider in the cannabis and hemp market,” saidNick Tennant, founder and chief technology officer of Precision. “We have seen firsthand that customers are craving best-in-class solutions that address the many challenges they encounter across the supply chain from a single trusted source. With a diverse suite of cultivation and post-harvest solutions, our combined organizations are poised to leverage our additional scale to become a dominant force within the industry.”","news_type":1,"symbols_score_info":{"AGFY":0.9}},"isVote":1,"tweetType":1,"viewCount":536,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/820709511"}