Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
urban-gro, Inc. is a professional services and solutions company that operates primarily in the controlled environment agriculture (CEA) and cannabis industries. The company specializes in the design, engineering, and construction of complex indoor cultivation and processing facilities, supporting licensed operators across the cannabis, hemp, and broader indoor agriculture markets. Its core value proposition is delivering integrated, end‑to‑end infrastructure solutions that enable clients to build, expand, and optimize cultivation operations.
The company generates revenue mainly through project-based design-build services, engineering, and consulting, complemented by select product and equipment offerings. urban-gro primarily serves licensed commercial cultivators, vertically integrated cannabis operators, and institutional-scale indoor agriculture businesses. Founded in 2014, the company initially focused on cultivation system design and gradually expanded into full facility engineering, construction management, and operational consulting before becoming a publicly traded company in 2020.
Business Operations
urban-gro operates through integrated service offerings that span Design, Engineering, and Construction Services, Cultivation and Facility Consulting, and Systems Integration and Equipment Solutions. Revenue is generated through contracted project work, including facility design, HVAC and environmental controls, fertigation and irrigation systems, lighting integration, and construction management services. These services are delivered primarily on a project-based and milestone-driven basis.
Operations are concentrated in the United States, with project execution supported by internal engineering teams and third-party construction partners. The company controls proprietary cultivation design methodologies and environmental systems expertise rather than owning large-scale physical assets. urban-gro has expanded its service capabilities through acquisitions of specialized consulting and cultivation-focused businesses; however, details on the long-term financial contribution of certain acquired entities remain data inconclusive based on available public sources.
Strategic Position & Investments
urban-gro’s strategy centers on being a full-scope infrastructure partner to licensed cultivation operators, positioning itself upstream of plant-touching activities to reduce regulatory risk. Growth initiatives have historically focused on expanding service breadth, cross-selling engineering and construction services, and entering adjacent CEA markets beyond cannabis, including food and specialty crops.
The company has pursued acquisitions to deepen technical expertise and broaden its service portfolio, including the acquisition of Emerald Harvest, a cultivation nutrient brand, as part of its strategy to offer integrated cultivation solutions. urban-gro has also indicated strategic interest in modular cultivation systems and operational optimization technologies, though the commercial scale and adoption of certain initiatives remain data inconclusive based on available public sources.
Geographic Footprint
urban-gro is headquartered in Lafayette, Colorado, and primarily operates across the United States, serving regulated cannabis markets in multiple states. Its project footprint aligns with state-level cannabis legalization trends, with a presence in both established and emerging cultivation markets.
While the company has disclosed involvement in select international advisory and design engagements, the majority of revenue is generated domestically. International operations and recurring overseas revenue remain limited, and the extent of long-term international expansion is data inconclusive based on available public sources.
Leadership & Governance
urban-gro was founded by Brad Nattrass, who continues to shape the company’s strategic direction with a focus on disciplined growth, technical specialization, and risk-managed exposure to regulated markets. The leadership team emphasizes an asset-light, services-driven business model aligned with regulatory compliance and scalable project execution.
Key executives include:
- Brad Nattrass – Chief Executive Officer
- J. Bryan Rogers – Chief Financial Officer
- Cameron Wick – President and Chief Operating Officer
The company is governed by a board of directors with experience spanning construction services, agriculture, and public company oversight, supporting management’s emphasis on operational execution and capital discipline.