RYTHM Inc. Shifts Focus to Hemp-Derived Products
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RYTHM Inc., formerly Agrify Corp., has shifted its focus to hemp-derived THC products and brand licensing. In its Q3 earnings report, the company reported a net loss of $19.7 million for the nine months ending September 30, 2025, with revenues of $6.6 million from non-licensing activities. Despite the losses, RYTHM made strategic acquisitions, including the Señorita brand, to enhance its market position. The company plans to leverage its expanded brand portfolio and licensing agreements for future growth and improved financial performance.
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