Urban-gro Secures $12 Million in New Cannabis Sector Contracts

Urban-gro, Inc., a leading integrated professional services and Design-Build firm, has announced the acquisition of contracts worth approximately $12 million in the cannabis sector. These contracts span services such as equipment procurement, engineering, architecture, and design for projects focusing on cultivation, extraction, and retail dispensaries across the U.S. The company anticipates recognizing the majority of these revenues by the end of Q1 2025.

Chairman and CEO Bradley Nattrass highlighted the positive momentum fueled by potential regulatory changes, notably Florida's Amendment 3 ballot initiative. Despite recent sector challenges, urban-gro retained its cannabis business unit team, allowing quick capitalization on new opportunities.