Latest news with #FogodeChao
Yahoo
02-08-2025
- Business
- Yahoo
Urban-Gro, Inc. (UGRO) Lands $24M Cannabis Facility Contract Amid Growth Surge
We recently compiled a list of the 12 Cheap Pot Stocks to Buy According to Hedge Funds. Urban-Gro, Inc. stands ninth on our list. Urban-Gro, Inc. (NASDAQ:UGRO) is a design-build and professional services firm focused on Controlled Environment Agriculture (CEA), cannabis cultivation technologies, and commercial construction. It offers architectural engineering, equipment innovation, and project management services to optimize facility efficiency in cannabis and broader commercial sectors. As of mid-2025, Urban-Gro, Inc. (NASDAQ:UGRO) has secured several major contracts, signaling strong project momentum. Notable deals include a $24 million construction contract with a Midwest-based Multi-State Operator (MSO) for a vertically integrated cannabis facility and a $6 million LED lighting equipment contract with a major North American cannabis operator, both expected to generate revenue in 2025. The firm also expanded its footprint beyond cannabis, securing multiple repeat contracts with Fogo de Chão for new restaurant construction across several U.S. states, a $4 million healthcare design project for a southeastern U.S. hospital, and a $1.2 million architectural agreement with the Muscogee County School District in Georgia. Despite facing regulatory challenges related to delayed financial filings and restated earnings due to historical tax accounting errors, the company has been granted time until October 2025 to regain full Nasdaq compliance. In line with strengthening its financial position, the business exited its investment in XS Financial Inc. in May 2025, reinforcing a shift toward core operations and capital efficiency. A laboratory with white-coated technicians carefully measuring out cannabis extracts. Urban-Gro, Inc. (NASDAQ:UGRO)'s current trajectory reflects strategic diversification, a focus on high-value cannabis and commercial contracts, and a commitment to innovation, particularly in CEA and sustainable facility design. While we acknowledge the potential of UGRO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Miami Herald
13-02-2025
- Business
- Miami Herald
This internationally-famous Brazilian steakhouse is finally opening in Kendall
Fogo de Chao is coming to Kendall. The popular Brazilian steakhouse, famous for serving grilled meats delivered to your table on skewers, will open its third Miami location on Feb. 17. The restaurant, which already has locations in Coral Gables and Miami Beach, will be part of Downtown Dadeland. The restaurant features a large dining room, with an open churrasco grill as the centerpiece. Diners will get a 360 degree view of the chefs butchering, carving and grilling different cuts of meat, including a bone-in ribeye, lamb chops and the Fogo specialty, picanha, which is the prime part of top sirloin. Other choices are available, too, including chicken, pork and seafood. The new restaurant will also feature a seasonal Market Table, which is what the brand calls its famous salad bar. Named after the markets of Brazil, the Market Table is way beyond an average salad bar, featuring a rotating offering of specialty salads, seasonal recipes, cheese and charcuterie, smoked salmon and a black bean stew with sausage. Don't want steak? You can easily fill up on what you find at the Market Table. Fogo de Chao will also have dry-aged meat lockers for in-house aging and private dining areas. There's also a bar, Bar Fogo, where guests can order smaller plates to share and indulge in an all-day happy hour with $10 Brazilian cocktails, $8 for South American wines and $5 beer all day every day (those prices are also good on the patio and in the dining room). Barry McGowan, the chief executive officer for the brand, which has more than 70 locations throughout Brazil, the United States, Mexico, the UAE and Saudi Arabia, said Fogo is looking forward to feeding a new community and that it plans to collaborate with Feeding South Florida to help with hunger relief. 'At Fogo, we've always been focused on feeding our guests and communities and we've been fortunate to be part of the South Florida community for the past 18 years,' he said in a statement. Fogo de Chao Where: 8815 SW 72nd Place, Miami Opening: Feb. 17 Reservations and more information:
