Urban-Gro Inc.
urban-gro, Inc. Announces New $20M Design-Build Contract
Summary
On January 2, 2024, urban-gro, Inc. announced that it secured a new contract valued at approximately $20 million with a U.S.-based multi-state Cannabis cultivation and retail dispensary operator. The contract involves architecture, design, engineering, and construction management services for a new facility and an interior retrofit of an existing facility. Revenue is expected to be recognized over the next six quarters. This announcement was made via a press release furnished as Exhibit 99.1 to the 8-K filing.
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Exhibits (1)
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About Urban-Gro Inc.
Urban-Gro Inc. is a design, engineering, and cultivation systems integration company catering primarily to the indoor agriculture space. The company provides comprehensive solutions that include architectural design, engineering, equipment integration, and cultivation systems to indoor commercial cannabis and food cultivation facilities. Urban-Gro Inc. enhances the efficiency and success of cultivation operations by delivering integrated systems tailored to the unique needs of each client. This encompasses environmental controls, fertigation stations, light deprivation systems, and LED lighting solutions. By serving the rapidly growing indoor cultivation market, the company bridges the gap between operational needs and technological advancements, playing a vital role in enhancing resource efficiency and sustainability in agriculture. As urban farming and controlled environment agriculture become increasingly prominent, Urban-Gro plays a significant role in meeting the demands of these evolving sectors.
Official SEC Documents
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