urban-gro (NASDAQ: UGRO) Investor Dashboard

Summary

Financials (09/30/22)

Capital Structure (11/10/22)

Company Brief

Located in the U.S. and operating globally, urban-gro, Inc. (Follow Company) is an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture (“CEA”) and Commercial sectors. The company is focused on supporting commercial cannabis cultivators as well as the broader horticulture market such as specialty crops, including leafy greens, vegetables, herbs, and plant-based medicines. With the acquisition of MJ12 Design Studio, urban-gro added early-stage conceptual design and planning to its service offerings and became a fully integrated architecture, engineering and cultivation systems company. The acquisition of Emerald Construction Management added construction management services to the company’s offerings.

High-performance cannabis cultivation facilities powered by urban-gro

The company has engineered and designed more than 1,000 CEA, industrial, and healthcare projects. urban-gro has serviced many multi-state operators (MSOs) as well as Canadian operators who require GMP certification to ensure they can export to the EU. This high level of expertise allows the urban-gro to properly design state-of-the-art pharmaceutical level facilities.

Highlights

• Uplisted to the NASDAQ
• Early mover in the North America market
• No debt and strong cash position
• Entering Q4 with a backlog of $67 million
• Leading engineering and design services company focused on the CEA and commercial sectors
• Complete end-to-end set of capabilities
• Offers CAPEX financing solutions to clients through a partnership with XS Financial
• Growing through global markets, vertical farming and continued expansion of services offering

Growth Strategy

• Unstoppable demand for sustainable controlled-environment agriculture (CEA) facilities
• Expanding into Europe, the Middle East and other high-value markets
• Growing sales infrastructure to access new territories
• Organic growth and growth through acquisitions
• Expanding into more segments
• Focus on vertical farming and expanding services offering capabilities
• Exclusive agreement with Urban Health Farms for CEA food/produce in Europe; Urban Health Farms has plans to commission up to 20 industrial farms

Differentiators

• In-house experts in controlled environment agriculture
• Designed 1,000+ projects in industrial, healthcare and CEA
• Company’s acquired experience is #1 asset
• Seeking investment in the CEA market to drive lead generation and in AgTech companies to gain access to innovative technologies
• gro-care Managed Services offers virtual training, remote monitoring, facility auditing and more
• Added engineering depth with the acquisition of DVO Engineering
• Technical experts make up two-thirds of the company’s team
• Diversified within and outside of CEA

Brian Wright
ROTH Capital Partners

Eric Beder
Small Cap Consumer Research

Matt Bullock
Maxim

Eric Des Lauriers
Craig-Hallum