urban-gro, Inc. Secures Contract for Architectural Design Services on Critical Municipal Infrastructure Project in Union City, Georgia

LAFAYETTE, CO / ACCESSWIRE / October 2, 2024 / urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and Design-Build firm offering solutions to multiple sectors, today announced that the firm has been selected to provide architectural design services for Union City Fire Station #44 in Georgia. Work is commencing immediately, with the majority of the undisclosed revenue expected to be recognized by the end of the first quarter of 2025.

Union City Fire Station #44 will be a state-of-the-art three-story building with three apparatus bays, living quarters, and a community room. The Company will serve as a design team partner under Foresite Group.

"We are pleased to be a part of the design team for Union City," said Bradley Nattrass, Chairman and CEO. "This opportunity allows us to further showcase our expertise in delivering community-centered design solutions. Our depth of municipal project experience and understanding will ensure that this facility meets the unique needs of the community by enhancing local infrastructure and providing long-term resident benefit."

About urban-gro, Inc.

urban-gro, Inc.® (NASDAQ:UGRO) is an integrated professional services and Design-Build firm. We offer value-added architectural, engineering, and construction management solutions to the Controlled Environment Agriculture ("CEA"), industrial, healthcare, and other commercial sectors. Innovation, collaboration, and creativity drive our team to provide exceptional customer experiences. With offices across North America and in Europe, we deliver Your Vision - Built. Learn more by visiting www.urban-gro.com.

Safe Harbor Statement

This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this release, terms such as “believes,” “will,” “expects,” “anticipates,” “may,” “projects” and similar expressions and variations as they relate to the Company or its management are intended to identify forward-looking statements. The forward-looking statements in this press release include, without limitation, the expected timing of revenue receipts from the projects described herein[RP1] . These and other forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including, among others, our ability to deliver services in a timely fashion, our ability to accurately forecast revenues and costs, our ability to predict and respond to new laws and governmental regulatory actions, including delays granting licenses to clients or potential clients and delays in passage of legislation expected to benefit our clients or potential clients, risks related to adverse weather conditions, supply chain issues, rising interest rates, economic downturn or other factors that could cause delays or the cancellation of projects in our backlog or our ability to secure future projects, and our ability to attract and retain key personnel[RP2] . A more detailed description of these and certain other factors that could affect actual results is included in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date hereof, except as may be required by law.

Investor Contacts:
Dan Droller - urban-gro, Inc.
-or-
Jeff Sonnek - ICR, Inc.
(720) 730-8160
investors@urban-gro.com

Media Contact:
Barbara Graham - urban-gro, Inc.
(720) 903-1139
media@urban-gro.com

SOURCE: urban-gro, Inc.

View the original press release on accesswire.com