urban-gro, Inc. (NASDAQ: UGRO)

urban-gro, Inc. is an integrated professional services and Design-Build firm specializing in Controlled Environment Agriculture (CEA) and industrial sectors. The company delivers fee-based, knowledge-driven services and value-added equipment procurement and integration to clients across North America and Europe. Its core activities include architectural design, engineering, systems procurement and integration, and construction services for CEA and commercial markets.

urban-gro, Inc. generates revenue through three primary channels: equipment systems, professional services, and construction design-build. Equipment systems revenue comes from the procurement and integration of horticultural and environmental control equipment. Services revenue is derived from architectural, engineering, and consulting engagements. Construction design-build revenue stems from full-project delivery, including planning, permitting, and build-out of facilities. The company serves clients in the cannabis and produce sectors, as well as commercial markets such as food and beverage consumer packaged goods companies, higher education institutions, municipalities, government agencies, and hospitality brands.

urban-gro, Inc. operates through the following segments: Equipment Systems, Services, and Construction Design-Build.

• The Equipment Systems segment focuses on the procurement, integration, and support of advanced horticultural technology, including lighting, irrigation, climate control, and automation systems for indoor growing facilities.

• The Services segment provides architectural and engineering design, compliance consulting, facility planning, and technical advisory services to optimize cultivation environments and operational efficiency.

• The Construction Design-Build segment delivers end-to-end project execution, including design, permitting, construction, and commissioning of CEA and industrial facilities, managing all phases from concept to operational turnover.

urban-gro, Inc. operates in a competitive niche within the Controlled Environment Agriculture industry, where it differentiates itself through integrated service capabilities that combine design, engineering, procurement, and construction under a single firm. While specific competitors are not named in the filing, the company positions itself against fragmented service providers by offering turnkey solutions that reduce client coordination burden and accelerate project timelines.

urban-gro, Inc. serves a diverse customer base including cannabis and produce operators throughout the United States, Canada, and Europe, as well as commercial clients such as food and beverage consumer packaged goods companies, higher education institutions, municipalities and government agencies, and hospitality brands. Specific customer names are not disclosed in the filing.