• The company provides turnkey solutions in the controlled environment agriculture market, more especially the cannabis market, both of which are growing fast.
• The company is growing fast, bolstered by smart acquisitions that complete their service offering and expand their geographical footprint.
• The company has a small but fast-growing managed service solution called gro-care, producing recurring revenue.
• The rise in OpEx and recent cash outflow are the main things we didn’t like.
• The company’s finances are improving, and the shares are modestly priced, especially given that half of the market cap is cash.
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urban-gro Stock Keeps Delivering