urban-gro Faces Lawsuit Over Loan Agreement

Tip Ranks
2025.10.20 22:08
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urban-gro, Inc. faces a lawsuit from Grow Hill, LLC over a $2.1 million secured loan agreement, alleging breach of contract and fraud due to missed payments. The company is exploring options to resolve the lawsuit and defend against the fraud claims. Analyst ratings for UGRO stock vary, with a recent Buy rating and a $3.00 price target, but Spark's AI Analyst rates it as Underperform due to financial challenges and risks of Nasdaq delisting. The current market cap is $5.08 million, with a trading volume of 9,421,017.

urban-gro ( (UGRO) ) has provided an announcement.

On October 1, 2024, urban-gro, Inc. entered into a secured loan agreement with Grow Hill, LLC for $2,100,000, which included a $100,000 origination fee. However, on October 14, 2025, urban-gro was served with a lawsuit by the lender alleging breach of contract and fraud due to missed payments, leading to an acceleration of the loan amount. The company is exploring options to resolve the lawsuit and plans to defend against the fraud allegations.

The most recent analyst rating on (UGRO) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on urban-gro stock, see the UGRO Stock Forecast page.

Spark’s Take on UGRO Stock

According to Spark, TipRanks’ AI Analyst, UGRO is a Underperform.

urban-gro’s overall stock score is low due to significant financial, technical, and corporate challenges. The company’s negative profitability and weak balance sheet weigh heavily on its financial health. Additionally, technical indicators point to continued downward momentum, with substantial risks from potential Nasdaq delisting adding to investor concerns. While there is some improvement in cash flow, it is overshadowed by persistent financial and operational issues.

To see Spark’s full report on UGRO stock, click here.

More about urban-gro

Average Trading Volume: 9,421,017

Technical Sentiment Signal: Sell

Current Market Cap: $5.08M

For a thorough assessment of UGRO stock, go to TipRanks’ Stock Analysis page.

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