[PRESS RELEASE] – TROY, Mich., Dec. 16, 2024 – Agrify Corp., a number one supplier of branded leading edge answers for the hashish and hemp industries, has closed on its up to now introduced acquisition of positive belongings from Double or Not anything LLC, the landlord and author of the Señorita emblem of hemp-derived THC (HD9) beverages.
“That is nice information for Agrify shareholders. We imagine Señorita is the best-tasting drink within the quickest rising, maximum thrilling beverage class within the nation,” Agrify Chairman and Period in-between CEO Ben Kovler mentioned. “Hashish-based drinks like Señorita ship customers an stress-free revel in with out the downsides of alcohol. This prime call for is propelling Señorita founders Joel Gott and Charles Bieler with the group in opposition to innovation and product building as we release Paloma in January and Ranch Water later in 2025. Given our enthusiasm for HD9 beverages, the Agrify Board continues to discover a number of choices for the extraction and cultivation companies throughout the corporate whilst specializing in optimizing shareholder price advent.”
Señorita was once designed and formulated through world-class winemakers Charles Bieler and Joel Gott. Spotting a rising generational call for for grownup beverage choices, Bieler and Gott gave the vintage margarita a contemporary twist—changing alcohol with THC to create a pleasant, hangover-free beverage choice. Thru using all-natural, top rate components like natural Mexican agave, recent lime juice and candy, tangy mango, Señorita briefly won acclaim, taking house the highest spot in The Top Occasions Hashish Cup only one yr after inception. Gott and Bieler proceed to collaborate at the emblem with Kovler and the Agrify group.
“We’re extremely enthusiastic about the power and momentum Ben and the group have delivered to the Señorita trade,” Bieler mentioned. “When Joel and I created this distinctive emblem, we all the time expected fast expansion, thrilling new merchandise and expanded distribution, and now the ones objectives are coming to fruition even sooner than we imagined. Paloma and Ranch Water are simply the starting, and we can not look forward to much more American citizens to revel in Señorita THC beverages.”
Señorita these days gives two award-winning flavors: vintage Lime Jalapeño Margarita and Mango Margarita. The logo’s 3rd taste, Paloma, will release in January and can convey in combination Ruby Pink grapefruit, lime, and pomelo, providing customers every other refreshing taste profile with the similar holiday vibe and recent style customers love. A fourth taste, low-calorie Ranch Water, will debut in 2025.
Señorita’s HD9 merchandise are these days to be had at most sensible outlets together with General Wine, ABC Effective Wine & Spirits, and Binny’s in 9 U.S. states and Canada. Merchandise also are to be had for direct-to-consumer acquire the place permissible underneath state regulation at senoritadrinks.com.
This acquisition of positive Canadian and U.S. hemp-derived belongings from Double or Not anything LLC, the landlord and author of the Señorita HD9 drinks, as up to now disclosed, was once executed in alternate for 530,000 stocks of Agrify commonplace inventory or commonplace inventory equivalents. Following the transaction, Agrify has roughly 2 million commonplace stocks exceptional and seven.6 million warrants.
