urban-gro enters non-binding LOI to sell architecture subsidiary 2WR for $500K deposit

urban-gro, Inc.

urban-gro (UGRO) announced non-binding LOI to sell all assets of 2WR of Georgia, Inc. to CM Capital Management.
Received a refundable $500,000 deposit; additional cash at closing and earn-out milestones expected.
Transaction subject to definitive agreements, due diligence, and customary conditions; no binding deal assured.
Sale aligns with urban-gro's strategic refocus on Controlled Environment Agriculture sector.

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