RYTHM Inc

RYM

Market cap $38.6M

Find out why Zacks issues an "Underperform" rating on RYM, being the first on Wall Street to initiate coverage on the stock. Explore how mounting debt, persistent losses and legal disputes cloud the outlook despite a pivot to brand-led, capital-light operations.

ROLLING MEADOWS, Ill., Nov. 07, 2025 (GLOBE NEWSWIRE) -- RYTHM, Inc. (Nasdaq: RYM) (“RYTHM” or the “Company”) (formerly known as Agrify Corporation), which delivers well-being to consumers through its portfolio of iconic licensed brands and hemp-derived THC products including Señorita THC Margaritas and RYTHM, today announced financial results for the quarter ended September 30, 2025.

ROLLING MEADOWS, Ill., Sept. 04, 2025 (GLOBE NEWSWIRE) -- incredibles , an award-winning cannabis brand from RYTHM, Inc. (“RYTHM” or “the Company”) (Nasdaq: RYM), today announced the launch of its new product, Strawberry Supernova Comets.

ROLLING MEADOWS, Ill., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative solutions for the cannabis and hemp industries, today announced the acquisition of a portfolio of brand intellectual properties (the “Brands”), including RYTHM, Dogwalkers, Beboe and others, from Green Thumb Industries for US$50 million paid for via a convertible note. Concurrently, the Company entered into an agreement to license the Brands to Green Thumb Industries to manufacture and distribute. In addition, Agrify is changing its name to RYTHM, Inc. (“RYTHM”) and will begin trading on the Nasdaq Capital Market under the symbol “RYM” as of the open of trading on September 2, 2025.

CHICAGO and VANCOUVER, British Columbia, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc.  (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of  RISE Dispensaries , today announces that it has (i) entered into transactions to sell certain of its consumer packaged goods brands to Agrify Corporation (“Agrify”) (Nasdaq: AGFY), (ii) entered into a license arrangement with Agrify to permit the Company to continue to manufacture and distribute those brands, and (iii) extended a loan to Agrify in the amount of US$45 million. Purchase Agreement On August 27, 2025, VCP23, LLC (the “Seller”), an indirect wholly-owned subsidiary of the Company, entered into a Purchase Agreement (the “Purchase Agreement”) with Agrify Corporation (“Agrify”) pursuant to which the Company sold to Agrify all of the equity interests in VCP IP Holdings, LLC (“VCP”).

TROY, Mich., March 21, 2025 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative solutions for the cannabis and hemp industries, today announced financial results for the quarter and the fiscal year ended December 31, 2024.

Agrify's Award-Winning THC Margarita Becomes the First Hemp-Derived THC (HD9) Beverage Served at The Salt Shed Agrify's Award-Winning THC Margarita Becomes the First Hemp-Derived THC (HD9) Beverage Served at The Salt Shed

TROY, Mich., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative solutions for the cannabis and hemp industries, has closed on its previously announced acquisition of certain assets from Double or Nothing LLC, the owner and creator of the Señorita brand of hemp-derived THC (“HD9”) drinks.

The cannabis sector has experienced a significant pullback recently, largely influenced by ongoing regulatory challenges and market conditions. Despite these setbacks, the ancillary cannabis market continues to show resilience and potential for growth. Ancillary companies, which provide critical services and products to the cannabis industry without directly touching the plant, play an essential role in the supply chain. These companies are often more insulated from regulatory uncertainties, making them attractive to investors seeking exposure to cannabis without direct risks.

With cannabis stocks showing steep losses this year on stalled legalization on the U.S. federal level, some companies in the sector are turning to the more thinly-regulated business of THC derived from hemp as a way to potentially excite Wall Street with new revenue streams.