Urban-Gro, Inc. (NASDAQ:UGRO), a prominent design-build and professional services firm, is making significant strides in controlled environment agriculture (CEA) and commercial construction, highlighted by a substantial $24 million cannabis facility contract. The company’s strategic focus on optimizing facility efficiency through architectural engineering, equipment innovation, and project management continues to drive its growth trajectory within both the cannabis and broader commercial sectors.

At its core, Urban-Gro specializes in delivering comprehensive solutions for complex cultivation environments, particularly in the cannabis industry. Their expertise spans from initial conceptual design to full project execution, ensuring state-of-the-art facilities that meet stringent operational and regulatory demands. This integrated approach positions UGRO as a crucial partner for businesses seeking advanced agricultural and commercial infrastructure.

A cornerstone of Urban-Gro’s recent success is the pivotal $24 million construction contract awarded by a Midwest-based Multi-State Operator (MSO). This significant deal, aimed at developing a vertically integrated cannabis facility, underscores UGRO’s capability to manage large-scale projects and solidifies its reputation within the rapidly expanding cannabis market. Revenue from this project is anticipated to commence in 2025, further bolstering the company’s financial outlook.

Beyond the major construction deal, Urban-Gro also secured a notable $6 million contract for LED lighting equipment with a leading North American cannabis operator. This agreement highlights the firm’s proficiency in providing specialized technology solutions essential for optimizing cannabis cultivation, reinforcing its comprehensive service offering to key players in the industry.

Demonstrating a clear strategy of diversification, Urban-Gro has successfully expanded its footprint beyond its traditional cannabis focus. The company has secured multiple repeat contracts with Fogo de Chão, the renowned Brazilian steakhouse chain, for the construction of new restaurant locations across various U.S. states. These engagements showcase UGRO’s versatility and strong execution capabilities in the general commercial construction segment.

Further illustrating its broad commercial appeal, Urban-Gro has also taken on a $4 million healthcare design project for a southeastern U.S. hospital, a testament to its expertise in critical infrastructure development. Additionally, the firm secured a $1.2 million architectural agreement with the Muscogee County School District in Georgia, highlighting its involvement in public sector projects and community development.

Urban-Gro, Inc.’s current momentum is a direct reflection of its strategic diversification, unwavering commitment to high-value cannabis and commercial contracts, and continuous pursuit of innovation, especially in CEA and sustainable facility design. As the company continues to secure impactful projects, its position as a leader in specialized agricultural and commercial construction services is increasingly solidified.