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Marijuana Ancillary Company Urban-Gro Quarterly Revenue Drops YoY, Improves Net Loss
Friday, May 3, 2024 - 8:10am | 594Urban-gro, Inc. (NASDAQ:UGRO), a design-build provider to the cannabis industry released its financial results for the quarter ended March 31, 2024 and reaffirmed full year 2024 guidance. The Colorado-based company reported quarterly revenue of $15.5 million, compared to $16.8 million in the same...
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This Ancillary Cannabis Company Is Cashing In With 69% YoY Revenue Increase In Q3
Friday, November 10, 2023 - 12:29pm | 457Urban-gro, Inc. (NASDAQ: UGRO) reported its financial results Thursday for the third quarter ended Sept. 30, 2023, revealing a 69% year-over-year and 11% sequential increase in total revenues to $20.9 million. “Since launching our sector diversification initiative just over a year...
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Urban-Gro Secures $11M Hospitality & Recreation Contract In Southeast U.S.
Tuesday, September 26, 2023 - 2:11pm | 515Urban-Gro, Inc. (NASDAQ: UGRO), a comprehensive professional services consulting firm announced its latest contract win within the hospitality and recreation sector in the Southeastern U.S. The contract, valued at over $11 million, encompasses a range of services, including architecture,...
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Ancillary Cannabis Business Ramps Up Market Presence With $3M In Marijuana Contracts
Wednesday, September 13, 2023 - 12:07pm | 442Urban-gro, Inc. (NASDAQ: UGRO) announced Wednesday that it has signed over $3 million of contracts spread across four clients in the cannabis sector. The contracts include architecture and design, engineering and equipment integration services for clients in the Northeast and Midwest U.S...
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Cashing In On Cannabis: Urban-gro Secures Over $2M In Deal With XS Financial, What's Next?
Thursday, August 31, 2023 - 11:50am | 464Urban-gro, Inc. (NASDAQ: UGRO) entered into an agreement related to its investment in a private placement convertible note with XS Financial Inc (CSE: XSF) (OTCQB: XSHLF), an equipment finance company to the US cannabis industry. What Happened Both companies mutually agreed that XSF would retire...
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Bringing Solutions To Controlled Environment Agriculture, This Firm Reports 16% YoY Revenue Increase With No Bank Debt
Monday, August 14, 2023 - 9:20pm | 621urban-gro, Inc. (NASDAQ: UGRO) reported its financial results for the quarter that ended June 30, 2023, disclosing revenue of $18.8 million, representing a sequential increase of 12% over $16.8 million and a 16% increase over $16.3 million in the prior year period. "Our second quarter...
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Urban-Gro, Inc. Reports Q1 2023 Financial Results, Focuses On Diversification & Cost Optimization
Wednesday, May 10, 2023 - 6:15pm | 481On Wednesday, Urban-gro, Inc. (NASDAQ: UGRO) reported first-quarter results and reaffirms full-year 2023 guidance. CEO Bradley Nattrass highlighted the company's focus on creating a durable and diversified organization. “Our first quarter performance is consistent with our...
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Urban-gro, GrowGeneration, Metrc, and Flora Growth Discuss Creating Efficient Cannabis Supply Chains
Tuesday, April 18, 2023 - 9:15am | 505At the Benzinga Cannabis Capital Conference, top executives in the cannabis industry convened to discuss the effects of consolidating a global cannabis supply chain, which can lead to improved efficiency and competitiveness for businesses. The conference brought together major players in the...
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urban-gro Shares Trading Higher On More Than $40M In Contracts, Driving Q1 2023 Backlog To A Record $123M
Wednesday, April 12, 2023 - 9:08am | 443urban-gro, Inc. (NASDAQ: UGRO) announced the signing of more than $40 million in contracts in the first quarter 2023, bringing the company’s total backlog to a record $123 million as of March 31, 2023. The company also reiterated its guidance, and in the first quarter of 2023, the company...
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Urban-gro, Inc. Reports Q3 2022 Financial Results, Signs Record Backlog Entering Q4
Thursday, November 10, 2022 - 6:09pm | 443Urban-gro, Inc. (NASDAQ: UGRO), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture reported its quarterly financial results Thursday afternoon. Bradley Nattrass, chairman and CEO commented: “We are pleased that our...
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urban-gro Acquires Texas-Based Engineering Firm, DVO, Inc. For $6.1M
Tuesday, November 1, 2022 - 11:22am | 392Urban-gro Engineering, Inc, a subsidiary of urban-gro, Inc. (NASDAQ: UGRO), has completed acquisition of substantially all of the assets of Dawson Van Orden, Inc. (“DVO”), a world-class Texas-based engineering firm with significant experience in indoor CEA, effective November 1, 2022....
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Urban-gro To Acquire Texas-Based Engineering Firm, DVO, Inc.
Thursday, October 13, 2022 - 4:05pm | 465Urban-gro (NASDAQ: UGRO), has signed a binding letter of intent (LOI) to acquire Dawson Van Orden, Inc. (DVO), a world-class engineering firm with significant experience in indoor Controlled Environment Agriculture (CEA). Urban-gro is a services and design-build company that provides...
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urban-gro Touts Over $50M In Design-Build Contracts in Q3, What's Next
Tuesday, October 11, 2022 - 9:33am | 304urban-gro, Inc. (NASDAQ: UGRO) provided on Tuesday an update on the success of its design-build division and reiterated its guidance for the third quarter of 2022. What Happened After the acquisition of Emerald Construction Management in the second quarter, urban-gro launched its full turnkey...
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urban-gro To Repurchase Up To $2M Of Its Common Stock In New Stock Repurchase Program
Monday, September 12, 2022 - 9:00am | 464urban-gro, Inc.’s (NASDAQ: UGRO) board of directors has approved a new stock repurchase program authorizing the repurchase of up to $2 million of its common stock. The new repurchase program succeeds its prior $8.5 million stock repurchase program that has since been completed. Bradley...
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urban-gro Signs Over $10M In New Design-Build And Related Contracts, Since Acquiring Emerald CM
Wednesday, June 29, 2022 - 11:02am | 375urban-gro, Inc. (NASDAQ: UGRO) a fully integrated architectural design, engineering, procurement, and construction management (“EPC”) design-build firm focused on the commercial and controlled environment agriculture (“CEA”) sectors, has signed and began execution of seven...