urban-gro (NASDAQ: UGRO) Investor Dashboard

Market Focus: United States
Classification: Ancillary
Country: United States
Employees: 80 as of 8/2021
Established: 2014
CEO: Bradley Nattrass


Fiscal Year-End: December, 31st
Auditor: BF Borgers CPA PC
Exchanges: NASDAQ
Sector:  Horticulture
Headquarters: Lafayette, CO

Financials (09/30/21)

Cash on hand: $40.5 million
Fixed Investment: $0.2 million
Shareholders’ Equity: $48.8 million
Revenues – Last Quarter: $16.5 million
Gross Margin : 23.3%
EPS : $0.00

Capital Structure (11/05/21)

Last Financing: 6.2 million shares at $10
Shares: 10.8 million
Warrants: 0.4 million
Options:  0.7 million
Diluted Shares: 11.9 million

Company Brief

Located in the U.S. and operating globally, urban-gro, Inc. (Follow Company) is a leading engineering design and services company 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.

High-performance cannabis cultivation facilities powered by urban-gro

The company has engineered and designed nearly 500 controlled environment agriculture facilities, spanning over five million square feet, servicing 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.


  • Uplisted to the NASDAQ
  • Early mover in the North America market
  • Revenue growth in 2020 despite Covid-19 Impact
  • Entered 2021 with a backlog exceeding $14 million
  • Leading engineering and design services company focused on sustainable commercial indoor horticulture market
  • Offers CAPEX financing solutions to clients through a partnership with XS Financial

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
  • Growth through acquisitions
  • Expanding into more segments
  • Exclusive agreement with Urban Health Farms for CEA food/produce in Europe; Urban Health Farms has plans to commission up to 20 industrial farms


  • Experts in controlled environment agriculture
  • Designed 450+ indoor CEA projects with the highest value agriculture crop in the world
  • 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

Institutional Analyst Coverage

Ashok Kumar, phD, CFA
Think Equity

Curated Stories & News

Visit urban-gro
at www.urban-gro.com.

New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. urban-gro, Inc. is a client of NCV Media, LLC. Read our full disclaimer.