LAFAYETTE, Colo., September 26, 2023 — urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that the Company was awarded a new contract with an existing client in the hospitality and recreation sector in the Southeast region of the United States. The contract scope includes architecture, design, engineering, and construction management services in the initial amount of more than $11 million and will be predominantly realized over the next six quarters.
Bradley Nattrass, Chairman and CEO, commented, “Our diversification playbook continues to drive strong growth. The value of our expanded capabilities, including complete design-build services, is being recognized by our clients who not only see the quality of our work, but the efficiency we bring to their projects through our single point of responsibility. Having successfully executed and delivered on two smaller contracts with the client earlier this year, to now earning the responsibility of delivering complete turnkey design-build services, further demonstrates that our strategy is working as intended.”
About urban-gro, Inc.
urban-gro, Inc.® (Nasdaq: UGRO) is an integrated professional services consulting firm delivering professional services and solutions across architecture, design, engineering, equipment integration, and construction management. Our multi-sector expertise encompasses a diverse set of projects across a host of industries such as Controlled Environment Agriculture (“CEA”), light industrial, healthcare, hospitality, laboratories and more. Our dedicated and innovative team is fueled by a commitment to empower our clients by providing exceptional customer experiences throughout the project lifecycle and beyond, including post-operational support. With offices across North America and in Europe, we deliver Your Vision – Built. Learn more by visiting www.urban-gro.com.
