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Agrify Completes Acquisition Of Purepressure, The Leader In Solventless Extraction And Advanced Ice Water Hash Processing, Two Of The Fastest Growing Segments Within The Extraction Market

PUBLIC · RYMJan 05, 2022

Acquiring Company

RYTHM, Inc.

Acquired Company

PurePressure

BillericaOtherAgriculture and FarmingCommunity And LifestyleHealth CareAgriculture And FarmingCannabisManufacturingNatural ResourcesAgriculture And Farming

Description

Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative and vertically integrated provider of premium cultivation and extraction solutions for the cannabis and hemp industry, today announced it has completed its acquisition of PurePressure, the leader in solventless extraction and advanced ice water hash processing equipment in the cannabis and hemp industry.

Quick answer

RYTHM, Inc. is acquiring PurePressure, announced January 5, 2022. RYTHM, Inc. is based in Billerica, Massachusetts, United States.

How much did RYTHM, Inc. pay for PurePressure?
The deal value was not disclosed.
What does RYTHM, Inc. do?
Fully integrated, data-driven, evidence-based cultivation solutions for Cannabis, Hemp & Other High-Value Crops.
Where are RYTHM, Inc. and PurePressure based?
RYTHM, Inc. is based in Billerica, Massachusetts, United States.

Source: Fundz verified event record.

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Company Information

Company

RYTHM, Inc.

Location

76 TREBLE COVE RD. BUILDING 3

Billerica, Massachusetts, United States

About

Fully integrated, data-driven, evidence-based cultivation solutions for Cannabis, Hemp & Other High-Value Crops. Click here to view our grow systems.

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Frequently asked

Who acquired PurePressure?

PurePressure was acquired by RYTHM, Inc., based in Billerica. The deal was reported on January 5, 2022. Fully integrated, data-driven, evidence-based cultivation solutions for Cannabis, Hemp & Other High-Value Crops. Click here to view our grow systems. RYTHM, Inc. is publicly traded (RYM) and operates in Other.

When did RYTHM, Inc. acquire PurePressure?

RYTHM, Inc.'s acquisition of PurePressure was reported on January 5, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PurePressure do?

PurePressure is the leader in solventless extraction and advanced ice water hash processing equipment in the cannabis and hemp industry. It is privately held, operating in Manufacturing.

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