Marc Beginin, founder and CEO of Prodigy Processing Solutions, is a seasoned entrepreneur, attorney and industry veteran bringing over 30 years of professional experience to the cannabis extraction technology space. His wealth of knowledge extends to business strategy, capital allocation, product differentiation, and scaling operations, underscored by a persistent focus on company culture and rigorous risk management.

As founder and former CEO of Precision Extraction Solutions, he grew the seed-stage startup into the global leader in the extraction equipment industry. Shortly after Marc orchestrated the merger of Precision with Cascade Sciences, the companies were acquired by Agrify Corporation (NASDAQ:AGFY) in October 2021 for over $50 million – a transaction that Marc opposed. Despite being the company’s largest shareholder, he was outvoted in the buyout, which left him with no noncompete.

The acquisition left a clear path for Marc to reenter the ancillary cannabis space with the founding of Prodigy Processing Solutions, a pioneering cannabis extraction equipment company focused on technological innovation, customer ROI and uncompromising ‘Made in USA’ quality.

In November 2022, Marc acquired 9.9% of Agrify’s stock and initiated a hostile takeover attempt of the company. In the requisite SEC 13D filing, Marc made known his intentions to change control and management of Agrify, aiming to merge it with Prodigy Processing Solutions. The endeavor generated substantial media attention, introducing Prodigy to the world in bold fashion.

As a Distinguished Leader recipient from the University of Michigan’s Ross School of Business and a Wharton alum, Marc brings a unique blend of legal acumen, industry and M&A success, and leadership experience to his role. With his resolute focus on the delivery of world-leading technology and unparalleled customer service, Beginin is poised to guide Prodigy Processing Solutions to new heights in the cannabis extraction industry.