UGRO - urban-gro Inc. Secures Multiple Contracts Totaling More than $4.5 Million in the Industrial and Higher Education Sectors | Benzinga
LAFAYETTE, Colo., Oct. 04, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services consulting firm, today announced that the Company signed multiple contracts representing an aggregate value of more than $4.5 million. The contracts include additional projects for an existing national US-based client within the industrial sector, as well as an awarded project with a new higher education client in the Western United States. The Company anticipates that the collective revenue for these projects will be predominantly recognized over the next two quarters.
Bradley Nattrass, Chairman and CEO, commented, "As we continue expansion in multiple market sectors we're excited to strengthen an existing client partnership with additional contracts, as well as forge a new relationship after being awarded a higher education contract through a competitive RFP process. This win is a testament to our team's focus on identifying and qualifying new opportunities to further our diversification strategy."
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 ...