Post by MikeTesteron Jan 23, 2025 7:31pm
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Post# 36418062
urban-gro, Inc. (NASDAQ:UGRO): A Sustainable, Diversified De
urban-gro, Inc. (NASDAQ:UGRO): A Sustainable, Diversified DeDigging into UGRO. Looks like an interesting play in the CEA space. Q1 numbers weren't stellar but showing signs of improvement. Revenue at $15.5M, down 7% YoY but gross margins ticked up to 20%. Management talking about $84M revenue guidance for 2024 with positive EBITDA. Diversification strategy seems smart - moving beyond just cannabis into commercial construction, processing, extraction. Landed some solid contracts like $12M Henry County Water Authority project. New Processing and Extraction Division could be a game changer.Checked out their profile on BeyondSPX - high quality in-depth analysis on just about every US stock out there, even microcaps, for free. Definitely worth a look for deeper research. Might take a small position here and watch how their diversification plays out. https://beyondspx.com/article/urban-gro-inc-nasdaqugro-a-sustainable-diversified-design-build-leader-powering-the-controlled-environment-agriculture-revolution