Urban-gro adds $2M to stock buyback program

LAFAYETTE — Just weeks after disclosing a preliminary sales report that indicated record revenue in 2021, Urban-gro Inc. (Nasdaq: UGRO) is adding $2 million to its stock buyback program, which now totals $7 million. 

“We are pleased to announce the extension of our share repurchase program that allows us to return value to our shareholders,” UG CEO Bradley Nattrass said in a prepared statement. “This action underscores our confidence in the strength of our balance sheet, quality of our assets and our ongoing ability to generate free cash flow. At recent market price levels, we believe the repurchase…