Agrify Corporation announced it has entered into a definitive agreement with current customer Nevada Holistic Medicine LLC (“Nevada Holistic Medicine”) for the build-out of their 12,400 square foot art facility. Under the terms of the agreement, Agrify will provide architectural, engineering, construction and horticultural consulting services, installation and lease of 140 Vertical Farming Units (VFUs), and five years’ use of the Agrify Insights™ software platform in exchange for at least $12 million of production-based and monthly SaaS fees. The new agreement with Nevada Holistic Medicine further expands Agrify’s presence in the lucrative Nevada market, a market which is expected to continue to undergo significant growth amid high levels of consumer demand.