Agrify Announces Appointment of Peter Shapiro and Sanjay Tolia to Board of Directors

Core Points - Agrify Corporation announced the appointment of Peter Shapiro and Sanjay Tolia to its Board of Directors, effective January 31, 2025, following the departure of Richard Drexler [1][2][3] Group 1: Board Appointments - Peter Shapiro brings extensive experience as an independent music entrepreneur and has been recognized on Billboard's Power 100 List for his influence in the music business [2][3] - Sanjay Tolia is a co-founder of Marine Layer Advisors and Bengal Capital, with a strong background in institutional finance and a focus on the cannabis industry for over a decade [3][4] Group 2: Company Vision and Strategy - The company aims to shape the future of THC consumption in America by prioritizing consumer well-being and expanding access to its products [2][3] - Agrify's Señorita brand offers hemp-derived THC beverages that provide low-sugar, low-calorie alternatives to alcoholic drinks, available in various U.S. states and Canada [4]