An update from urban-gro ( (UGRO) ) is now available.
On February 25, 2025, urban-gro, Inc. announced a significant $6 million contract for LED lighting equipment with a leading North American Cannabis Operator. This deal is expected to enhance efficiency and crop yields, reflecting the company’s strong client relationships and market position in the CEA sector. The revenue from this contract is anticipated to be recognized in the first half of 2025, indicating positive future financial performance.
More about urban-gro
urban-gro, Inc. is an integrated professional services and Design-Build firm that provides architectural, engineering, and construction management solutions to the Controlled Environment Agriculture (CEA), industrial, healthcare, and other commercial sectors. The company operates across North America and Europe, focusing on innovation, collaboration, and creativity to deliver exceptional customer experiences.
YTD Price Performance: -33.97%
Average Trading Volume: 85,758
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $9.73M
See more insights into UGRO stock on TipRanks’ Stock Analysis page.