on Urban-gro, Inc (isin : US91704K2024)
Urban-gro, Inc. Secures $6 Million Deal for LED Lighting
urban-gro, Inc. (Nasdaq: UGRO), based in Lafayette, Colorado, has announced a significant contract for LED lighting equipment with a prominent North American cannabis operator. This contract, valued at approximately $6 million, is expected to bring revenue in the first half of 2025. The deal marks a continuation of urban-gro's collaboration with the client, aimed at improving efficiency and crop yields.
Bradley Nattrass, Chairman and CEO of urban-gro, expressed gratitude for the ongoing partnership, emphasizing the upgrade's potential to enhance harvest quality. He highlighted the trust built with their Controlled Environment Agriculture (CEA) clients, underscoring the company's strength in fostering repeat business.
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