urban-gro, Inc. Signs $6 Million LED Lighting Equipment Contract
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urban-gro, Inc. has signed a $6 million LED lighting equipment contract with a major North American Cannabis Operator. The revenue from this deal is expected to be recognized in the first half of 2025.
February 25, 2025 | 2:30 pm
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urban-gro, Inc. has secured a $6 million contract for LED lighting equipment with a leading North American Cannabis Operator. This deal is expected to boost the company's revenue in the first half of 2025.
The $6 million contract is significant for urban-gro, Inc. as it represents a substantial revenue opportunity. The recognition of this revenue in the first half of 2025 suggests a positive impact on the company's financial performance in the near term. The partnership with a leading Cannabis Operator also enhances urban-gro's market position in the CEA sector.
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