LMB - Limbach announces growth in cannabis indoor farming opportunities
Limbach (NASDAQ:LMB) has seen an increase in demand for the company’s expertise in the design and implementation of HVAC services in the growing cannabis, indoor farming and agriculture markets. The company has secured contracts for a number of these facilities in several states, and has been building a market niche with indoor farming, which it believes will be a sustainable area of capital investment. CEO Charlie Bacon commented, “We have been very pleased with our market presence in the growing indoor agriculture industry, including cannabis growing facilities. While still a relatively small percentage of our overall owner-direct revenues, Limbach has worked to build a leading market-share position while expanding our ORD revenues in totality. To that end, we have expanded our marketing efforts and are excited to announce our attendance at MJBizCon." Recent comments on the stock: 'Limbach Holdings: Derisked And Worth A Second Look'
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Limbach announces growth in cannabis indoor farming opportunities