Utrecht, Netherlands. (November 9, 2021) – Urban Health Farms today announced that it has selected urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro”), a fully integrated architectural, engineering and cultivation systems integration company focused on the indoor Controlled Environment Agriculture (“CEA”) market as the exclusive architectural design, engineering, build, and equipment integration partner to construct their indoor vertical farms throughout Europe.
Joost Verhagen, Commercial Director of Urban Health Farms commented, “In advance of our scale up and expansion, it was critical that we identified the strongest, most reputable technology providers in the market – we found that partner in urban-gro. Combining their technological and operational expertise with our impressive pool of local resources, team members, market knowledge and capital, we have the critical elements in place to become the largest indoor farm operator in Europe.”
Bradley Nattrass, Chairman and Chief Executive Officer of urban-gro, added, “We are thrilled to partner with Urban Health Farms in a critical role in supporting their mission as their exclusive architectural design, engineering, build, and equipment integration partner to construct their indoor vertical farms throughout Europe. This is the culmination of a focused effort by our team to establish a foothold in the region and bring our CEA experience and expertise, our intellectual property, to bear in this incredible food focused vertical farming market that is estimated to reach $13 billion globally in the next five years.”
About Urban Health Farms
Urban Health Farms aims to revolutionise the way food is produced and distributed through indoor vertical farms at the cutting-edge intersection between agriculture and technology. With plans supported by its strategic technology partner urban-gro (NASDAQ: UGRO) Urban Health Farms will have 2 commercial and 2 industrial-scale indoor vertical farms under development in Europe over the next 18 months, and an additional 6 industrial-scale indoor vertical farms per year over each of the next 3 years, Urban Health Farms aims to be the largest indoor farm operator in Europe by 2023. Further down the line, we aspire to grow into other markets and regions. Urban Health Farms will operate and manage our farms and will work with the strongest, most reputable technology providers on the market who will provide us with cutting-edge, efficient and strategic solutions. Together with our partners, we draw upon a vast and impressive pool of local resources, team members, market knowledge and capital. All of these factors combine with a proven concept in the form of large-scale, industrial vertical farming technology.
About urban-gro, Inc.
urban-gro, Inc.® (Nasdaq: UGRO) is a fully integrated architectural, engineering and cultivation systems integration for commercial cannabis and food-focused Controlled Environment Agriculture (“CEA”) facilities. With experience in hundreds of CEA facilities spanning millions of square feet across the globe, we design, engineer and integrate complex environmental equipment systems into high-performance facilities. urban-gro’s gro-care® Managed Services Platform leverages the company’s expertise to reduce downtime, provide continuity, and drive facility optimization. Operating as a crop-agnostic solutions provider in both food and cannabis CEA sectors, our crop-focused end-to-end approach provides a single point of accountability across all aspects of growing operations. Visit urban-gro.com to discover how we help cultivators gro plants and gro profits.
Bernard Sleijster, Founder/Director of Investor Relations & Business Development
Sales & Distribution Contact:
Joost Verhagen, UHF Commercial Director
Communications & Public Relations Manager