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urban-gro Secures $24M Design-Build Cannabis Contract

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urban-gro Secures $24M Design-Build Cannabis Contract

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urban-gro ( (UGRO) ) has shared an update.

On February 6, 2025, urban-gro, Inc. announced the signing of the construction phase of a $24 million Design-Build contract with a leading Midwest-based Multi-State Operator to construct a state-of-the-art cannabis facility. This contract milestone signifies urban-gro’s strategic focus and industry expertise in providing innovative and efficient facilities, with the company expecting to recognize revenue from this project within the current calendar year.

More about urban-gro

urban-gro, Inc. is an integrated professional services and Design-Build firm that offers architectural, engineering, and construction management solutions to sectors such as Controlled Environment Agriculture (CEA), industrial, healthcare, and other commercial areas. The company is known for its innovation and collaboration, providing exceptional customer experiences with offices across North America and Europe.

YTD Price Performance: -27.59%

Average Trading Volume: 59,215

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $10.35M

See more insights into UGRO stock on TipRanks’ Stock Analysis page.

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