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on Urban-gro, Inc.

Urban-gro Secures First Project with P.F. Chang’s Under Master Services Agreement

Urban-gro, Inc. (NASDAQ: UGRO) has announced its first project under a Master Services Agreement with P.F. Chang's. This milestone comes after executing the agreement in Q3 2023. The project will start in Q3 2024 and involves the full build-out of a restaurant in Westminster, Colorado. Revenue recognition for the project will mostly occur in the next six months.

Bradley Nattrass, Chairman and CEO, expressed enthusiasm about the partnership, highlighting their aim to deliver on schedule and secure future opportunities. This project aligns with urban-gro's commitment to excellence in the hospitality sector, deploying innovative construction management solutions.

R. E.

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