Listen to Today’s Conference Call at 5:00 PM EST to Find Out for Yourself.
What the, look at these numbers! And they’ve yet to deploy (and benefit), from the millions and millions they raised a few months ago at $10. This is in our opinion the cheapest Cannabis play we follow. Even if you don’t like cannabis stocks* you have to listen in on the shareholder call. Like come-on!
Interested participants and investors may access the conference call by dialing (877) 524-8416 (domestic) or (412) 902-1028 (international).
In April they estimated (to be discussed in tonight’s call) that the first quarter alone – to be nearly as much as half of what they did in all of 2020. That would be up 174% from the $4.3 million they reported at the same time last year to near $12 million.
And it traded flat on the estimate news? How is this even possible?
* urban-gro in reality is much more than a cannabis play in that the hydroponic facilities they help build and operate – are being built for all types of indoor growing farmers. In 2020, they signed 77 new engineering and design project contracts, including six new projects in Europe. This is one of the most impressive hydroponic plays on Wall Street, in our opinion.
RELATED: Wall Street has taken notice and the four leading players have quietly raised a combined $493 million in the last three months alone. While they do not garner the headlines of a Tilray or Canopy Growth, combined these four ‘Ponics’ have a market value now approaching $7 billion. Wall Street Pounces on Hydroponics.
RELATED: The market opportunity for vertical farming is expected to grow at a high rate over the coming years, propelled by the cannabis industry growth trajectory, so the firm enjoys considerable industry tailwinds in its favor. SeekingAlpha
urban-gro, Inc. to Report First Quarter 2021 Financial Results and Host Conference Call
Company to host conference call and audio webcast on Tuesday, May 11th at 5:00 PM ET
LAFAYETTE, Colo., May 04, 2021 (GLOBE NEWSWIRE) — urban-gro, Inc. (NASDAQ: UGRO) (“urban-gro” or the “Company”), a leading global horticulture company that engineers and designs commercial Controlled Environment Agriculture (“CEA”) facilities and integrates complex environmental equipment systems, today announced it will report its first quarter 2021 financial results on Tuesday, May 11, 2021. The urban-gro management will host a conference call and live audio webcast to discuss the operational and financial results at 5:00 PM ET that same day.
The call will be led by Bradley Nattrass, Chief Executive Officer and Chairman of urban-gro, who will be joined by Dick Akright, Chief Financial Officer of urban-gro. Interested participants and investors may access the conference call by dialing (877) 524-8416 (domestic) or (412) 902-1028 (international). The live webcast will be accessible on the Events page of the Investors section of the urban-gro website, urban-gro.com , and will be archived for 90 days following the event.
About urban-gro, Inc.
urban-gro, Inc. (NASDAQ: UGRO) is a leading engineering design and services company focused on the commercial horticulture market. We engineer and design commercial Controlled Environment Agriculture (“CEA”) facilities and then integrate complex environmental equipment systems into these high-performance facilities. Operating in the global market, our custom-tailored approach to design, procurement, and equipment integration provides a single point of accountability across all aspects of growing operations. Visit urban-gro.com to learn more.
urban-gro Investor Relations Contact:
Chief Executive Officer
JTC Team, LLC
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