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Ramon Ramirez was at the South by Southwest conference, chilling under the black tents of the Fader Fort, when a vendor handed him a small complimentary dose of CBD oil drops for pets. This was 2019, CBD’s breakout year, as the upstart hemp sector swarmed every trade show and music festival in North America. “There were CBD dinner parties and CBD cocktails at dumb brand activations,” remembers Ramirez, who lives in Austin, Texas, and works in the media. A few weeks after the show, Ramirez was on a trip with his dog Penny, who can get anxious on her bad days. He needed to leave her in a room for four hours or more. A few drops of CBD certainly couldn’t hurt.
Operator
Good morning and welcome to Agrify fourth-quarter and year-end 2020 earnings call. With us on today s call are Raymond Chang, chief executive officer; and Niv Krikov, chief financial officer. Today, management will review the highlights and financial results for the fourth quarter and year-end, as well as recent developments, and provide a business and operational update. Following man management s prepared remarks, there will be a Q&A session.
A reminder that today s conference is being recorded. Before we begin, we would like to remind everyone that prepared remarks contain forward-looking statements and management may make additional forward-looking statements in response to your questions. Such statements involve a number of known and unknown risks and uncertainties, many of which are outside the company s control that could cause its future results, performance, or achievement to differ significantly from the results, performance, or achievement expressed or implied
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