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urban-gro Appoints New COO

urban-gro revenue on second quarter

Urban-gro appoints JT Archer as its Chief Operating Officer (COO). He formerly held the position of Executive Vice President of Business Operations at the company. Mr. Archer graduated from the University of Colorado, Denver, with an M.S. in management. He has held a variety of positions in operations and sales, most recently serving as 4Front Ventures’ VP of Construction and Market Development.

urban-gro, Inc. appoints JT Archer as their new Chief Operating Officer (COO), an integrated professional services and the design-build company providing solutions to the commercial and Controlled Environment Agriculture sectors.

“We are pleased to welcome JT as COO to our senior management team.” Bradley Nattrass, chairman, and CEO of urban-gro (NASDAQ:UGRO) commented on the company’s announcement: “JT is an experienced leader and competent operator who will play a key role in guiding our team as we grow to meet demand and execute against the substantial backlog we have established moving into 2023. JT has worked to frame the go-to-market strategy for our design-build offering, enhance our customer experience, and motivate our expanding team to constantly bring value to our customers’ projects since joining urban-gro in February 2022.”

Former Executive Vice President of Business Operations for the Company, Mr. Archer worked in a variety of operations and sales positions prior to his appointment as COO, most recently holding the position of vice president of construction and market development for 4Front Ventures, a multi-state operator. Mr. Archer graduated from the University of Colorado, Denver, with an M.S. in management.

This news comes after the company reported a record backlog for its 2023 fiscal year and has reaffirmed its financial guidance for Q4 2022. The company expects to enter 2023 with a consolidated backlog of around $87 million and has reaffirmed its expectations for revenue of approximately $17 million and adjusted EBITDA of around ($1.5) million for Q4 2022.

Image provided by urban-gro

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