Marijuana Industry Pioneer Launches New Company To Push 'The Boundaries Of What's Possible In Cannabis And Hemp Extraction'

Marc Beginin launched Prodigy Processing Solutions, a cannabis and hemp extraction equipment company. The launch comes after the high-profile sale of his previous company, Precision Extraction Solutions, to Agrify Corporation AGFY in 2021 for a sum exceeding $50 million.

Beginin strategically utilized the funds from the Precision Extraction acquisition to spearhead Prodigy.

"With Prodigy, we're pushing the boundaries of what's possible in cannabis and hemp extraction," stated Beginin, CEO of Prodigy Processing Solutions. "We've assembled an all-star team that delivers state-of-the-art equipment and comprehensive solutions that set new standards in the industry."

According to the company, its flagship product, the ProX, was designed to deliver processing speeds, user-friendly operation, and maximum return on investment for its customers. Prodigy's machinery is manufactured in the U.S. utilizing pharmaceutical-grade 316L stainless steel, shielding customers from supply chain disruptions while prioritizing operator and consumer safety.

"The ProX represents an unparalleled leap forward in cannabis extraction technology, setting a new benchmark for efficiency, speed, and quality, securing its place as the new gold standard in cannabis and hemp extraction," added Beginin.

Benzinga Cannabis Capital Conference

The Benzinga Cannabis Capital Conference, the place where deals get done, is returning to Chicago this Sept 27-28 for its 17th edition. Get your tickets today before prices increase and secure a spot at the epicenter of cannabis investment and branding.

Photo by Richard T on Unsplash

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CannabisNewsPenny StocksMarketsMarc BegininPrecision Extraction SolutionspremiumProdigy Processing Solutions
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Cannabis is evolving – don’t get left behind!

Curious about what’s next for the industry and how to leverage California’s unique market?

Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!

Get your tickets now to secure your spot and avoid last-minute price hikes.