Growing Market Presence Lab Society has demonstrated significant growth and industry recognition through its acquisition by Agrify Corp in early 2022, positioning it as a major player in scientific equipment and extraction solutions within the cannabis and chemical industries.

Strategic Partnerships Recent collaborations, such as the partnership with INCON Process Systems to develop the CannaBeast 13, highlight opportunities for sales of specialized equipment and customized solutions tailored to the evolving needs of extraction and processing companies.

Financial Potential With an annual revenue estimated between one and ten million dollars, Lab Society offers a promising target for upselling higher-end or advanced equipment, especially as it expands into new product lines and markets under Agrify’s ownership.

Industry Focus The company's emphasis on distillation, solvent separation, and extraction technologies indicates strong demand in the rapidly expanding cannabis and biotech sectors, presenting opportunities to provide complementary laboratory and processing equipment.

Technology Use Utilizing prominent digital tools such as HubSpot and Google Tag Manager, Lab Society shows an openness to digital engagement and marketing, suggesting potential for digital sales strategies, targeted outreach, and online showcasing of new products.