Business
urban-gro, Inc. Signs $6 Million LED Lighting Equipment Contract
LAFAYETTE, COLORADO / ACCESS Newswire / February 25, 2025 / urban-gro, Inc. (Nasdaq:UGRO) ("urban-gro" or the "Company"), an integrated professional services and Design-Build firm offering solutions to the Controlled Environment Agriculture ("CEA") ...
About this update from Urban-gro, Inc.
[{"type":"text","content":"LAFAYETTE, COLORADO / ACCESS Newswire / February 25, 2025 / urban-gro, Inc. (Nasdaq:UGRO) ("urban-gro" or the "Company"), an integrated professional services and Design-Build firm offering solutions to the Controlled Environment Agriculture ("CEA") and commercial sectors, today announced the signing of an LED lighting equipment contract with a leading northern-based North American Cannabis Operator. Valued at approximately $6 million, the Company expects to recognize the deal's revenue in the first half of 2025.","length":551,"tagName":"p"},{"type":"text","content":""We are grateful to continue working with this progressive client," said Bradley Nattrass, Chairman and CEO of urban-gro. "This lighting upgrade will help boost efficiency and crop yields, further delivering more consistent, reliable, and high-quality harvests. The high rate of repeat business we experience is a real testament to the trust that our team has built with our CEA clients over the years."","length":423,"tagName":"p"},{"type":"text","content":"About urban-gro, Inc.","length":21,"tagName":"p"},{"type":"text","content":"urban-gro, Inc.® (Nasdaq: UGRO) is an integrated professional services and Design-Build firm. We offer value-added architectural, engineering, and construction management solutions to the Controlled Environment Agriculture ("CEA"), industrial, healthcare, and other commercial sectors. Innovation, collaboration, and creativity drive our team to provide exceptional customer experiences. With offices across North America and in Europe, we deliver Your Vision - Built. Learn more by visiting www.urban-gro.com.","length":520,"tagName":"p"},{"type":"text","content":"Safe Harbor Statement","length":21,"tagName":"p"},{"type":"text","content":"This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this release, terms such as "believes," "will," "expects," "anticipates," "may," "projects" and similar expressions and variations as they relate to the Company or its management are intended to identify forward-looking statements. The forward-looking statements in this press releas...