A) Urban-Gro to acquire MJ12 Design Studio for $9.1M 06/29/21 UGRO urban-gro announced that it has agreed to acquire MJ12 Design Studio and parent company, 2WR+ Partners. urban-gro will fund the transaction of $9.1M through a combination of cash and UGRO common stock, including contingent consideration of up to $2M based on achievement of certain performance metrics. The company expects the transaction to be accretive to earnings in its current fiscal year.
Urban-Gro completes acquisition of MJ12 Design Studio 08/02 UGRO
B) Urban-Gro enters strategic partnership with XS Financial 09:15 UGRO, XSHLF urban-gro (UGRO) and XS Financial (XSHLF) have entered into a strategic agreement allowing for XS Financial to provide urban-gro clients with CAPEX leasing solutions and XSF customers with access to urban-gro's vendors and enhanced purchasing power. "In response to our client's request to provide financing solutions, I am excited to launch our new Financial Services division, and our strategic alliance with XS Financial further strengthens our purchasing power with leading horticulture manufacturers, and allows us to continue to exceed client's expectations," says Bradley Nattrass, Chairman and CEO of urban-gro, Inc. "In addition to strengthening the value of the solution that we provide our clients, we believe XS Financials' competitively priced access to capital for operators will broaden our reach within the cannabis and food-focused indoor CEA market and further assist in minimizing and eliminating supply chain delays."
C) ?