Agrify Corporation Acquires MC Brands and Core Growth for $5.075 Million, Inks License Agreement with GTI Core

Reuters

05-23

<a href="https://laohu8.com/S/AGFY">Agrify</a> Corporation Acquires MC Brands and Core Growth for $5.075 Million, Inks License Agreement with GTI Core

Agrify Corporation has announced a significant acquisition, entering into a Purchase Agreement with VCP IP Holdings, LLC, a subsidiary of Green Thumb Industries Inc., on May 20, 2025. Through this agreement, Agrify has acquired all equity interests in MC Brands LLC and its subsidiary Core Growth LLC. The deal, valued at $5,075,000, primarily involves the acquisition of intellectual property rights to the incredibles brand. Additionally, as part of the transaction, Core Growth has entered into a License Agreement with For Success Holding Company, another Green Thumb subsidiary, for the exclusive use of Beboe brand intellectual property in producing and selling hemp-derived products. This strategic move enhances Agrify's portfolio in the cannabis sector.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Agrify Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-046875), on May 22, 2025, and is solely responsible for the information contained therein.

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Through this agreement, Agrify has acquired all equity interests in MC Brands LLC and its subsidiary Core Growth LLC. The deal, valued at $5,075,000, primarily involves the acquisition of intellectual property rights to the incredibles brand. Additionally, as part of the transaction, Core Growth has entered into a License Agreement with For Success Holding Company, another Green Thumb subsidiary, for the exclusive use of Beboe brand intellectual property in producing and selling hemp-derived products. This strategic move enhances Agrify's portfolio in the cannabis sector.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Agrify Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-046875), on May 22, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4152","symbol_name":"農用農業機械","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250522:nNDLJwxZg:1","article_id":"2537927347","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537927347","pubTimestamp":1747946535,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Agrify Corporation has announced a significant acquisition, entering into a Purchase Agreement with VCP IP Holdings, LLC, a subsidiary of Green Thumb Industries Inc., on May 20, 2025. 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