urban-gro Acquires Impact Engineering (Grow2Guys)

urban-gro, Inc. completed the acquisition of 100% of the stock of Impact Engineering, Inc., a provider of mechanical, electrical, and plumbing (MEP) engineering services operating as Grow2Guys. The deal was effective March 7, 2019, and was paid for with 500,000 shares of urban-gro common stock.

“Effective March 7, 2019, we acquired 100% of the stock of Impact Engineering, Inc., a provider of mechanical and electrical engineering services. Since 2009, Impact has operated in the cannabis industry under the dba “Grow2Guys”. We issued an aggregate of 500,000 shares of our Common Stock in exchange for all of the issued and outstanding stock of Impact Engineering (hereinafter referred to as “Grow2Guys”).”

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