urban-gro, Inc. Indicators Over $10 Million in New Design-Construct and Associated Contracts Over the Final 90 Days

LAFAYETTE, Colo., June 29, 2022 (GLOBE NEWSWIRE) — urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Firm”), a totally built-in architectural design, engineering, procurement, and building administration (“EPC”) design-build agency centered on the Industrial and Managed Atmosphere Agriculture (“CEA”) sectors, as we speak introduced that it has signed and started execution of seven design-build and building management-related contracts for the reason that closing of its most up-to-date acquisition, Emerald C.M., simply over 90-days in the past.

These contracts, that are incremental to backlog, are signed with multi-billion greenback enterprise purchasers comparable to a number one international healthcare services and products supplier and a world handy meals and drinks chief. They display vital progress in the direction of the Firm’s technique to leverage its full set {of professional} companies and design-build capabilities to additional diversify its enterprise.  

Bradley Nattrass, Chairman and CEO, commented, “We’re thrilled to announce these new contracts with a number of marquee corporations, every of that are international leaders inside their respective industries. Our skill to penetrate these markets and repair a set of high-profile clients speaks to our full suite of capabilities that we’ve constructed by leveraging our stability sheet and making accretive and synergistic acquisitions. Diversification of our choices past CEA shouldn’t be solely a key space of natural progress for us, but in addition fosters a extra environment friendly working mannequin by giving us the pliability to allocate design sources primarily based on demand variances in every market phase. We look ahead to persevering with to capitalize on alternatives in adjoining markets as our Firm evolves as a totally built-in turnkey design-build EPC participant.”

About urban-gro, Inc.
urban-gro, Inc.® (Nasdaq: UGRO) is a totally built-in architectural design, engineering, procurement, and building administration (“EPC”) design-build agency centered on the Industrial and Managed Atmosphere Agriculture (“CEA”) sectors. With holistic expertise in additional than 1000 building associated initiatives and over 500 CEA initiatives spanning hundreds of thousands of sq. ft throughout the globe, we not solely supply design-build capabilities, in addition to structure, engineering, and building administration companies to a number of sectors, our value-added give attention to CEA permits us to specify, procure, and combine cultivation gear methods into high-performance amenities. urban-gro’s gro-care® Managed Companies Platform leverages the Firm’s experience to scale back downtime, present continuity, and drive cultivation facility optimization. Working as a full-service, a la carte and full turn-key, design-build options supplier in crop-agnostic indoor CEA and industrial market sectors, our end-to-end method offers a single level of accountability throughout all elements of operations. Go to www.urban-gro.com to be taught extra.

Investor Contacts:
Dan Droller: urban-gro, Inc.
EVP Company Improvement & Investor Relations
-or-
Jeff Sonnek: ICR, Inc.
(720) 730-8160
[email protected]

Media Contact:
Mark Sinclair – MATTIO Communications
(650) 269-9530
[email protected]

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