Great chat with Marc, lovely to speak with somebody who, as they say, isn’t backward in coming forward.
We talk about all the usual things, politicians, regulators, re-scheduling and so on and so forth.
But we also touched on topics that most don’t really want to dive into.
Buying in lab and processing equipment from China, is there such a thing as a GMP compliant lab or processing plant in the USA? … and why is Gov Newsom bff to the cartels!
Thanks to Marc for making me think and laugh.
Marc Beginin is the founder and CEO of Prodigy Processing Solutions (“PRODIGY”), a trailblazing force in the global cannabis extraction industry. PRODIGY’s state-of-the-art processing equipment meets or exceeds FDA cGMP and EU GMP standards for food and pharmaceutical applications worldwide while maximizing purity, yields, and ROI of its customers.
Before PRODIGY, Marc was the CEO of Precision Extraction Solutions (“Precision”), an extraction equipment company he established in 2014 with a $45k investment. By 2019, Precision’s revenue skyrocketed to over $40M.
After orchestrating the largest M&A transaction in the cannabis processing equipment industry, Precision was acquired by Agrify Corporation (NASDAQ: AGFY) for more than $50M in October 2021. Marc vehemently opposed the deal but was nonetheless forced through the transaction.
Under Marc’s leadership, PRODIGY is scaling into a powerhouse of the cannabis extraction industry. By assembling a team with unmatched industry knowledge and technological prowess, PRODIGY ensures that its commercial and industrial clients receive impeccable service, operational excellence, and top-notch execution. All the while, PRODIGY remains a nimble, process-driven organization with an intense entrepreneurial spirit and an unwavering commitment to innovation.
With over three decades of experience as an attorney, entrepreneur, and industry leader, Marc brings vast expertise in business strategy, capital allocation, product differentiation, and scaling operations. He maintains an unwavering focus on fostering a vibrant company culture and vigilant risk management.
Marc’s is recognized as a Distinguished Leader from the University of Michigan’s Ross School of Business and an alum of the Wharton School of the University of Pennsylvania.
Marc Beginin’s journey continues with PRODIGY, where he’s driving the company to be the epitome of innovation, tenacity, and excellence in the cannabis industry, positioned to leave an indelible impact on the world of technology and cGMP-compliant cannabis extraction solutions.
We Got the Band Back Together!
In the wake of several acquisitions of the most prominent companies providing hemp and cannabis extraction equipment solutions, Prodigy’s founder saw innovators displaced, employees disenchanted, suppliers marginalized, and customers ignored. However, rather than living with the new and grim status quo… We got the band back together!
Moreover, Prodigy reunited the most outstanding talent in the cannabis extraction industry, including pioneering innovators, passionate leadership, robust manufacturing and supply chains, and proven customer support, the backbone and powerhouse of the cannabis extraction equipment industry.
Prodigy continues the tradition of providing true and enduring value to cannabis extraction and BHO extraction equipment customers and those who love serving the industry. Furthermore, Prodigy’s winning legacy dates back more than a decade, providing the best equipment and services to North America’s largest cannabis processors and top MSOs. We’re back… and better, faster, and stronger than ever.
We are ecstatic to once again provide our esteemed customers in cannabis extraction and pharmaceutical API manufacturing with the professionalism and value they expect and deserve. We look forward to exceeding your expectations!
Professional, Proven, Prodigy.
