Agrify Corporation announced that it has signed a definitive Collaboration Agreement forming a long-term research and development (R&D) partnership with Curaleaf Holdings, Inc. The research will be focused on evaluating the impact of certain environmental conditions created and controlled by Agrifys Vertical Farming Units (VFUs) and Agrify Insights software platform on harvest yields, plant terpene profiles, and flavonoid concentrations. It will also explore and analyze techniques to enhance the aesthetic appeal, aroma, and overall chemical profile of cannabis flower. In addition, the joint research team plans to study the effect of regulated environments on the overall health and longevity of cannabis plants, including research on the maturation of the chemical profile of the plants over their lifecycle. Under the terms of the Agreement, Agrify will supply its VFUs and provide use of the Companys Agrify Insights software platform for a period of three years at Curaleaf's primary R&D facility located in Massachusetts, with an option to extend another three years. The collaboration combines Agrifys technology and expertise in creating optimized cultivation environments with Agrify Insights-based data and Curaleafs expertise in cultivation and production of quality cannabis products. All test data collected by Agrify Insights will be jointly owned.