urban-gro, Inc. Appointed to Board of Directors of the United States National Cannabis Roundtable
08 April 2021 - 11:05PM
urban-gro, Inc. (NASDAQ: UGRO) (“urban-gro” or the “Company”), a
leading global horticulture company that engineers and designs
commercial Controlled Environment Agriculture (“CEA”) facilities
and integrates complex environmental equipment systems, today
announced it has been appointed to the Board of Directors of the
National Cannabis Roundtable (NCR). urban-gro will be represented
on the NCR Board by Chairman and CEO, Bradley Nattrass.
The NCR is a non-partisan advocacy group focused
on federal cannabis reform in the United States comprised of
innovators, investors and employers across the spectrum of legal
U.S. cannabis businesses. The NCR mission focuses on several
fundamental priorities, all of which are critical components of
cannabis reform in America, including: decriminalizing cannabis at
the federal level, remediating the harm of the failed war on drugs,
ensuring patient and consumer safety, protecting the integrity of
state cannabis programs, and equitable financial treatment for
cannabis businesses.
Mr. Nattrass commented, “With a long history of
legislative advocacy, we’re honored to join the National Cannabis
Roundtable, furthering the mission around federal cannabis
legalization. Membership not only reflects urban-gro's position as
an industry innovator committed to protecting the integrity of
state programs in the ongoing movement, but also enables us to
better serve our customers by remaining on the leading edge of any
planned or proposed regulatory changes that may affect our
industry, customers, or employees.” Saphira Galoob, Executive
Director, National Cannabis Roundtable commented, “urban-gro will
be a key strategic member of our organization, and I’m excited they
are joining us. The commercial multi-state,
multi-client crop-agnostic expertise they bring to NCR
will help us advance the most effective and practical reforms for
our members both within and beyond the cannabis industry.”
“My colleagues and I are thrilled to have
urban-gro join the NCR membership. In getting to know their CEO,
Brad Nattrass, what really stood out to me is Brad’s deep
commitment to the plant to ensure the highest standards of safety
for U.S. patients and consumers. As a scientist who consults
patients in the industry, that commitment spoke to the core of my
everyday practice – patient safety,” said Dr. Chanda Macias, PhD,
CEO, Ilera Holistic and First Vice Chair, National Cannabis
Roundtable.
Kim Rivers, CEO of Trulieve and Second Vice
Chair of the NCR Board of Directors added, “We have worked
extensively with urban-gro these past few years and are excited
they have joined our organization to help us bring their vast
expertise to bear in furthering our united advocacy goals.”
About the National Cannabis
Roundtable
The National Cannabis Roundtable promotes common
sense federal regulation, tax equality and financial services
reform and supports changing federal law to acknowledge states’
rights to regulate and manage cannabis policy. The membership of
NCR represents every aspect of the cannabis supply chain. Our
members operate in states with legal cannabis programs. We are
growers, processors, retailers, wellness centers, investors,
entrepreneurs, and publicly traded companies. Learn more at
www.nationalcannabisroundtable.org About urban-gro,
Inc.urban-gro, Inc. (NASDAQ: UGRO) is a leading
engineering design and services company focused on the commercial
horticulture market. We engineer and design commercial
Controlled Environment Agriculture (“CEA”) facilities and then
integrate complex environmental equipment systems into these
high-performance facilities. Operating in the global market,
our custom-tailored approach to design, procurement, and equipment
integration provides a single point of accountability across all
aspects of growing operations. Visit urban-gro.com to learn
more.Safe Harbor StatementThis press release
contains forward looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. When used in
this release, terms such as “believes,” “estimates,” “should,”
“could,” “would,” “plans,” “expects,” “intends,” “anticipates,”
“may,” “forecasts,” “projects” and similar expressions and
variations as they relate to the Company or its management are
intended to identify forward-looking statements. Such
forward-looking statements are based on current expectations,
forecasts, and assumptions that involve risks and uncertainties
that could cause actual outcomes and results to differ materially
from those anticipated or expected, including statements related to
the demand for our services and products, our ability to manage the
adverse effect brought on by the COVID-19 pandemic, our ability to
execute on our strategic plans, our ability to achieve positive
cash flows or profitability, our ability to achieve and maintain
cost savings, the sufficiency of our liquidity and capital
resources, and our ability to achieve our key initiatives for 2020.
A more detailed description of these and certain other factors that
could affect actual results is included in the Company’s filings
with the Securities and Exchange Commission. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which speak only as of the date hereof. The Company undertakes no
obligation to update any forward-looking statements to reflect
events or circumstances after the date hereof, except as may be
required by law.urban-gro Investor Relations
Contact:Jenene ThomasChief Executive OfficerJTC Team,
LLCT: 833.475.8247 investors@urban-gro.com
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