Rythm RYM

RYTHM, Inc. delivers wellbeing to consumers through its portfolio of hemp derived THC products and iconic licensed brands. The company was originally founded as Agrinamics Inc and later changed its name to Agrify Corporation before adopting the RYTHM name in September 2025 following the acquisition of the RYTHM brand and related intellectual property. Its current business centers on offering consumer packaged goods that contain hemp derived tetrahydrocannabinol a non intoxicating cannabinoid derived from hemp that can produce mild psychoactive effects. The portfolio includes two beverage brands RYTHM and Señorita which provide ready to drink options in flavors such as fruit driven blends and cocktail inspired profiles. It also includes edible brands such as incredibles Dogwalkers Beboe &Shine Doctor Solomon’s Good Green and Señorita which offer gummies chocolates and other infused snacks. These products are sold through a mix of traditional brick and mortar retailers online storefronts and direct to retail partnerships that allow the company to reach consumers in states where hemp derived THC is permitted. In addition to product sales the company leverages its brand assets by entering into licensing agreements that generate recurring fees from third party manufacturers. This dual approach of selling finished goods and collecting licensing income forms the core of RYTHM, Inc.'s revenue model.

The company’s revenue is derived from two distinct streams. The first stream is non licensing revenue which comes from the direct sale of hemp derived THC beverages and edible products to consumers. These sales occur through major retail chains such as Total Wine ABC Fine Wine & Spirits and Binny’s through the company’s own ecommerce websites and through agreements with direct to retail partners that place products on store shelves or in online marketplaces. The second stream is licensing revenue which is earned when the company grants third parties the right to use its brand names logos and associated intellectual property in exchange for a monthly cash fee. Notable licensing partners include GTI Core a subsidiary of Green Thumb which pays for the use of the incredibles brand and later for the broader portfolio that includes RYTHM Beboe Dogwalkers Doctor Solomon’s &Shine Good Green and Señorita. The licensing agreements are structured as straightforward fee arrangements with no royalty components and the fees are payable in cash or under certain circumstances in common stock or pre funded warrants. Historically the company also earned revenue from selling cultivation and extraction equipment to cannabis growers but those operations were divested in late 2024 and early 2025 respectively. The current focus remains on the consumer packaged goods licensing model which provides more predictable recurring income and lower capital intensity.

RYTHM, Inc. competes in a market that includes large multinational beverage corporations state licensed cannabis operators and unlicensed illicit producers. The company’s competitive advantages stem from its portfolio of recognizable licensed brands its relationships with established retail distributors and its reliance on a network of third party co manufacturing partners that allows flexible production scaling. Ownership of trademarks for names such as RYTHM Señorita incredibles Beboe Dogwalkers &Shine Doctor Solomon’s Good Green provides legal protection against imitation and supports brand loyalty. The ability to offer both beverages and edibles gives the company flexibility to meet varied consumer preferences. However the business faces significant challenges from the evolving regulatory landscape. State governments continue to impose age limits testing requirements and packaging restrictions on hemp derived THC products while federal proposals could alter the definition of hemp and potentially restrict the sale of current formulations. Additionally larger competitors with deeper financial resources broader distribution networks and more extensive marketing capabilities could enter the space and exert pricing pressure. The company must navigate these risks while continuing to innovate its product lineup and expand its geographic footprint.

The company serves a diverse customer base that includes retail consumers online shoppers and business to business licensing partners. Retail customers purchase products at stores such as Total Wine ABC Fine Wine & Spirits Binny’s and other independent liquor and specialty retailers that carry the Señorita and RYTHM beverage lines. Online customers can buy directly from the company’s websites or from various ecommerce platforms that offer hemp derived THC edibles and beverages. Direct to retail partners act as intermediaries that help place products in regional chains and independent outlets expanding reach beyond the company’s own sales force. On the licensing side the primary customer is GTI Core which is a wholly owned subsidiary of Green Thumb and pays a monthly fee for the right to use the incredibles brand and subsequently the full brand portfolio. The company’s products are currently available in fifteen U. S. states and Canada reflecting a geographic footprint that aligns with states where hemp derived THC is permitted under state law. This mix of end users and licensing partners provides both volume driven sales and recurring fee income.