Media Report: Nasdaq gives marijuana tech firm Agrify another warning

MJ Biz reports

The Nasdaq stock exchange sent another warning to Agrify Corp., this time notifying the marijuana technology company it didn’t file its first-quarter results on Form 10-Q on time.

The exchange will take no action this time, according to a news release.

But if the Massachusetts-based company doesn’t regain compliance, it risks being delisted from the Nasdaq.

Agrify received a separate warning earlier this year after the company failed to file its full-year financial results.

The delay stems from accounting errors in three previously issued reports, Agrify said in the release.

Such errors are a problem many publicly traded cannabis companies have grappled with in recent years.

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