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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>As filed with the Securities and Exchange
Commission on August 27, 2019</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; text-indent: 0.5in"><B>Registration No.
333-__________</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES SECURITIES AND EXCHANGE
COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM S-8</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REGISTRATION STATEMENT</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">UNDER THE SECURITIES ACT OF 1933</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>URBAN-GRO, INC.</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact Name of Registrant as Specified in
its Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%; text-align: center"><B><U>Colorado</U></B></TD>
    <TD STYLE="width: 50%; text-align: center"><B><U>46-5158469</U></B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="text-align: center">(State or Other Jurisdiction of</TD>
    <TD STYLE="text-align: center">(IRS Employer Identification
Number)</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="text-align: center">Incorporation or Organization)</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

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<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="text-align: center; width: 100%"><B>1751 Panorama Point</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="text-align: center"><B>Unit G</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="text-align: center"><B><U>Lafayette, CO 80026</U></B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="text-align: center">(Address of Principal Executive Offices)
(Zip Code)</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B><U>URBAN-GRO,
INC. 2019 EQUITY INCENTIVE PLAN</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Full Title of the Plan)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Brad Nattrass, Chief Executive Officer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>urban-gro, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>1751 Panorama Point</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Unit G</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>Lafayette, CO 80026</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name and Address of Agent for Service)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>(720) 390-3880</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Telephone Number of Agent for Service)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">COPIES TO:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Andrew I. Telsey, Esq.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Andrew I. Telsey, P.C.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">12835 E. Arapahoe Road</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Tower 1 Penthouse #803</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Centennial, Colorado 80112</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(303) 768-9221</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or emerging growth company.
See the definitions of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer&rdquo; and &ldquo;smaller reporting company,&rdquo;
or &ldquo;emerging growth company&rdquo; in Rule 12b-2 of the Exchange Act:</P>

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    <TD STYLE="width: 50%">Large accelerated filer &#9744;</TD>
    <TD STYLE="width: 50%">Accelerated
filer &#9744;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>Non-accelerated filer &#9746;</TD>
    <TD>Smaller
reporting company &#9746;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>Emerging
growth company &#9746;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. &nbsp;&nbsp;&nbsp;&#9744;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CALCULATION OF REGISTRATION FEE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center; vertical-align: middle; border-top: Black 2.5pt double; border-bottom: Black 1pt solid">Title of Securities to be Registered</TD><TD STYLE="border-top: Black 2.5pt double; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle; border-top: Black 2.5pt double; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">Amount to be <BR>
Registered <SUP>(1)</SUP></FONT></TD><TD STYLE="border-top: Black 2.5pt double; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-top: Black 2.5pt double; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">Proposed Maximum Offering Price Per <BR>
Share <SUP>(2)</SUP></FONT></TD><TD STYLE="border-top: Black 2.5pt double; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-top: Black 2.5pt double; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-top: Black 2.5pt double; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">Proposed Maximum Aggregate Offering <BR>
Price <SUP>(2)</SUP></FONT></TD><TD STYLE="border-top: Black 2.5pt double; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-top: Black 2.5pt double; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; vertical-align: middle; border-top: Black 2.5pt double; border-bottom: Black 1pt solid">Amount of<BR>
 Registration Fee</TD><TD STYLE="border-top: Black 2.5pt double; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(238,238,238)">
    <TD STYLE="width: 19%">Common Stock, par value $0.001 per share..</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 19%; text-align: center; vertical-align: middle"><FONT STYLE="font-size: 10pt">3,500,000 <SUP>(3)</SUP></FONT></TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle; width: 1%">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: middle; width: 16%">$2.50</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle; width: 1%">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: middle; width: 16%">$8,750,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle; width: 1%">&nbsp;</TD><TD STYLE="text-align: center; vertical-align: middle; width: 16%">$1,060.50</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: justify"><P STYLE="margin-top: 0; margin-bottom: 0">Pursuant
to Rule 416, for each of the amounts indicated, this registration statement also covers an indeterminate number of additional
shares of Common Stock which may become available for issuance to cover possible adjustments under the aforementioned plan, for
example, by reason of stock dividends, stock splits, recapitalizations or other similar transactions.</P></TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(2)</TD><TD STYLE="text-align: justify"><P STYLE="margin-top: 0; margin-bottom: 0">Estimated
                                         solely for purposes of calculating the registration fee pursuant to Rule 457(c) and (h)
                                         and based upon the closing price of the Company&rsquo;s common stock on the OTC pink
                                         sheets on <FONT>August 23, 2019</FONT>, a date within
                                         5 business days prior to the date of filing of this Registration Statement.</P></TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(3)</TD><TD STYLE="text-align: justify"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="background-color: white">Represents
the number of shares of common stock reserved under the 2019 Plan with respect to grants of incentive stock options, nonstatutory
stock options, stock appreciation rights, restricted stock, restricted stock units, performance units, performance shares and
other stock as the administrator of the 2019 Plan may determine</FONT>.</P></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PART I</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION REQUIRED IN THE SECTION 10(a)
PROSPECTUS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<TD STYLE="width: 0%"></TD><TD STYLE="width: 8%; text-align: left"><B>Item 1.</B></TD><TD STYLE="text-align: justify"><B>Plan Information</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">urban-gro, Inc., a Colorado corporation,
(the &ldquo;Company&rdquo;), is filing this Registration Statement in order to register 3,500,000 shares of common stock, par value
$0.001 per share (the &ldquo;Common Stock&rdquo;) and such additional shares of Common Stock reserved for issuance pursuant to
the Company&rsquo;s 2019 Equity Incentive Plan (the &ldquo;2019 Plan&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The documents containing the information
specified in this Part I will be sent or given to participants in the 2019 Plan as specified by Rule 428(b)(1) of the Securities
Act of 1933, as amended (the &ldquo;Securities Act&rdquo;). Such documents are not being filed with the U.S. Securities and Exchange
Commission (the &ldquo;Commission&rdquo;) either as part of this Registration Statement or as prospectuses or prospectus supplements
pursuant to Rule 424 of the Securities Act. These documents and the documents incorporated by reference in Item 3 of Part II of
this Registration Statement, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities
Act (the &ldquo;Prospectus&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>General</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The 2019 Plan was approved by the Company&rsquo;s
Board of Directors on March 14, 2019 and by stockholders on May 23, 2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The general purpose of the 2019 Plan is
to provide an incentive to the Company&rsquo;s employees, directors, consultants and advisors by enabling them to share in the
future growth of the Company&rsquo;s business. The Company&rsquo;s Board of Directors believes that the granting of stock options,
restricted stock awards, unrestricted stock awards and similar kinds of equity-based compensation promotes continuity of management
and increases incentive and personal interest in the welfare of the Company by those who are primarily responsible for shaping
and carrying out its long range plans and securing its growth and financial success.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&rsquo;s Board of Directors
believes that the 2019 Plan will advance the Company&rsquo;s interests by enhancing its ability to (a) attract and retain employees,
consultants, directors and advisors who are in a position to make significant contributions to its success; (b) reward its employees,
consultants, directors and advisors for these contributions; and (c) encourage employees, consultants, directors and advisors to
take into account the Company&rsquo;s long-term interests through ownership of its shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Description of the 2019 Equity Incentive
Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following description of the principal
terms of the 2019 Plan is a summary and is qualified in its entirety by the full text of the 2019 Plan, which is attached as Exhibit
4.1 hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Administration</I>. </B>The
2019 Plan is administered by the Company&rsquo;s Board of Directors. The Board of Directors may grant options to purchase
shares of Common Stock, stock appreciation rights, restricted stock units, restricted or unrestricted shares of Common Stock,
performance shares, performance units, other cash-based awards and other stock-based awards. The Board of Directors also has
broad authority to determine the terms and conditions of each option or other kind of equity award, adopt, amend and rescind
rules and regulations for the administration of the 2019 Plan and amend or modify outstanding options, grants and awards. The
Board of Directors may delegate authority to the chief executive officer and/or other executive officers to grant options and
other awards to employees (other than themselves), subject to applicable law and the 2019 Plan. No options, stock purchase
rights or awards may be made under the 2019 Plan on or after the ten year anniversary of the adoption of the 2019 Plan by the
Board of Directors, but the 2019 Plan will continue thereafter while previously granted options, stock appreciation rights or
awards remain subject to the 2019 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Eligibility</I>. </B>Persons
eligible to receive options, stock appreciation rights or other awards under the 2019 Plan are those employees, consultants,
advisors and directors of the Company and its subsidiaries who, in the opinion of the Board of Directors, are in a position
to contribute to the Company&rsquo;s success.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I></I></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Shares Subject to the 2019
Plan</I>. </B>The aggregate number of shares of Common Stock available for issuance in connection with options and awards
granted under the 2019 Plan is 3,500,000, subject to customary adjustments for stock splits, stock dividends or similar
transactions. Incentive stock options may be granted under the 2019 Plan with respect to all of those shares. If any option
or stock appreciation right granted under the 2019 Plan terminates without having been exercised in full or if any award is
forfeited, or if shares of Common Stock are withheld to cover withholding taxes on options or other awards, the number of
shares of Common Stock as to which such option or award was forfeited, or which were withheld, will be available for future
grants under the 2019 Plan. No employee, consultant, advisor or director may receive options or stock appreciation rights
relating to more than 1,000,000 shares of Common Stock in the aggregate in any calendar year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Options</I>. </B>Options
granted under the 2019 Plan may be either &ldquo;incentive stock options&rdquo; that are intended to meet the requirements of
Section 422 of the Internal Revenue Code of 1986, as amended (the &ldquo;Code&rdquo;) or &ldquo;nonstatutory stock
options&rdquo; that do not meet the requirements of Section 422 of the Code. The Board of Directors will determine the
exercise price of options granted under the 2019 Plan. The exercise price of stock options may not be less than the fair
market value, on the date of grant, per share of Common Stock issuable upon exercise of the option (or 110% of fair market
value in the case of incentive options granted to a ten-percent stockholder).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If on the date of grant the Common Stock
is listed on a stock exchange or is quoted on the automated quotation system of Nasdaq, the fair market value shall generally be
the closing sale price on the last trading day before the date of grant. If no such prices are available, the fair market value
shall be determined in good faith by the Board of Directors based on the reasonable application of a reasonable valuation method.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">No option may be exercisable for more than
ten years (five years in the case of an incentive stock option granted to a ten-percent stockholder) from the date of grant. Options
granted under the 2019 Plan will be exercisable at such time or times as the Board of Directors prescribes at the time of grant.
No employee may receive incentive stock options that first become exercisable in any calendar year in an amount exceeding $100,000.
The Board of Directors may, in its discretion, permit a holder of an option to exercise the option before it has otherwise become
exercisable, in which case the shares of Common Stock issued to the recipient will continue to be subject to the vesting requirements
that applied to the option before exercise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Generally, the option price may be paid
(a) in cash or by certified bank check, (b) through delivery of shares of Common Stock having a fair market value equal to the
purchase price, or (c) a combination of these methods. The Board of Directors is also authorized to establish a cashless exercise
program and to permit the exercise price (or tax withholding obligations) to be satisfied by reducing from the shares otherwise
issuable upon exercise a number of shares having a fair market value equal to the exercise price.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">No option may be transferred other than
by will or by the laws of descent and distribution, and during a recipient&rsquo;s lifetime an option may be exercised only by
the recipient. However, the Board of Directors may permit the holder of an option, stock appreciation right or other award to transfer
the option, right or other award to immediate family members or a family trust for estate planning purposes. The Board of Directors
will determine the extent to which a holder of a stock option may exercise the option following termination of service with the
Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Stock Appreciation
Rights</I>.</B> The Board of Directors may grant stock appreciation rights independent of or in connection with an option.
The Board of Directors will determine the other terms applicable to stock appreciation rights. The exercise price per share
of a stock appreciation right will be determined by the Board of Directors but will not be less than 100% of the fair market
value of a share of Common Stock on the date of grant, as determined by the Board of Directors. The maximum term of any stock
appreciation rights granted under the 2019 Plan is ten years from the date of grant. Generally, each stock appreciation right
will entitle a participant upon exercise to an amount equal to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt">&bull;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">the excess of the fair market value on
        the exercise date of one share of our common stock over the exercise</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">price, <I>multiplied by</I></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>&nbsp;</I></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt">&bull;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">the number of shares of Common Stock covered by the stock appreciation right.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Payment may be made in shares of Common
Stock, in cash, or partly in Common Stock and partly in cash, all as determined by the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Restricted Stock and
Restricted Stock Units</I></B><I>. </I>The Board of Directors may award restricted common stock and/or restricted stock units
under the 2019 Plan. Restricted stock awards consist of shares of stock that are transferred to a participant subject to
restrictions that may result in forfeiture if specified conditions are not satisfied. Restricted stock units confer the right
to receive shares of Common Stock, cash, or a combination of shares and cash, at a future date upon or following the
attainment of certain conditions specified by the Board of Directors. The Board of Directors will determine the restrictions
and conditions applicable to each award of restricted stock or restricted stock units, which may include performance-based
conditions. Dividends with respect to restricted stock may be paid to the holder of the shares as and when dividends are paid
to stockholders or at the time that the restricted stock vests, as determined by the Board of Directors. Dividend equivalent
amounts may be paid with respect to restricted stock units either when cash dividends are paid to stockholders or when the
units vest. Unless the Board of Directors determines otherwise, holders of restricted stock will have the right to vote the
shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Performance Shares and
Performance Units</I></B><I>. </I>The Board of Directors may award performance shares and/or performance units under the 2019
Plan. Performance shares and performance units are awards, denominated in either shares or U.S. dollars, which are earned
during a specified performance period subject to the attainment of performance criteria, as established by the Board of
Directors. The Board of Directors will determine the restrictions and conditions applicable to each award of performance
shares and performance units.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Transferability of Awards</I></B>.
Unless determined otherwise by the Board of Directors, an award under the 2019 Plan may not be sold, pledged, assigned, hypothecated,
transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during
the lifetime of a participant, only by the participant. If the Board of Directors makes an award transferable, such award may only
be transferred (i) by will, (ii) by the laws of descent and distribution, (iii) to a revocable trust, or (iii) as permitted by
Rule 701 of the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Effect of Certain Corporate Transactions</I>.
</B>The Board of Directors may, at the time of the grant of an award, provide for the effect of a change in control (as defined
in the 2019 Plan) on any award, including (i) accelerating or extending the time periods for exercising, vesting in, or realizing
gain from any award, (ii) eliminating or modifying the performance or other conditions of an award, or (iii) providing for the
cash settlement of an award for an equivalent cash value, as determined by the Board of Directors. The Board of Directors may,
in its discretion and without the need for the consent of any recipient of an award, also take one or more of the following actions
contingent upon the occurrence of a change in control: (a) cause any or all outstanding options and stock appreciation rights
to become immediately exercisable, in whole or in part; (b) cause any other awards to become non-forfeitable, in whole or in part;
(c) cancel any option or stock appreciation right in exchange for a substitute option; (d) cancel any award of restricted stock,
restricted stock units, performance shares or performance units in exchange for a similar award of the capital stock of any successor
corporation; (e) redeem any restricted stock, restricted stock unit, performance share or performance unit for cash and/or other
substitute consideration with a value equal to the fair market value of an unrestricted share of Common Stock on the date of the
change in control; (f) cancel any option or stock appreciation right in exchange for cash and/or other substitute consideration
based on the value of Common Stock on the date of the change in control, and cancel any option or stock appreciation right without
any payment if its exercise price exceeds the value of Common Stock on the date of the change in control; or (g) make such other
modifications, adjustments or amendments to outstanding awards as the Board of Directors deems necessary or appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Amendment, Termination</I>.</B>
The Board of Directors may amend the terms of awards in any manner not inconsistent with the 2019 Plan, provided that no
amendment shall adversely affect the rights of a participant with respect to an outstanding award without the
participant&rsquo;s consent. In addition, the Board of Directors may at any time amend, suspend, or terminate the 2019 Plan,
provided that (i) no such amendment, suspension or termination shall materially and adversely affect the rights of any
participant under any outstanding award without the consent of such participant and (ii) to the extent necessary to comply
with any applicable law or stock exchange rule, the 2019 Plan requires the Company to obtain stockholder consent. Stockholder
approval is required for any plan amendment that increases the number of shares of common stock available for issuance under
the 2019 Plan or changes the persons or classes of persons eligible to receive awards.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 8%; text-align: left"><B>Item 2.</B></TD><TD STYLE="text-align: justify"><B>Registrant Information and Employee Plan Annual Information.</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Any of the documents incorporated by reference
in Item 3 of Part II of this Registration Statement are also incorporated by reference in the Prospectus and are available, without
charge, upon written or oral request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Such other documents required to be delivered
to employees pursuant to Rule 428(b) of the Securities Act shall also be available, without charge, upon written or oral request
directed to: urban-gro, Inc., Attention: Chief Executive Officer,; 1751 Panorama Point, Unit G, Lafayette, CO 80026 telephone number:
(720) 390-3880.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PART II</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 8%"><B>ITEM 3.</B></TD><TD><B>INCORPORATION OF DOCUMENTS BY REFERENCE</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">The following documents,
all of which were previously filed by the Registrant with the Commission pursuant to the Securities Exchange Act of 1934, as amended
(&ldquo;Exchange Act&rdquo;), are hereby incorporated by reference:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 24px; text-align: justify"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">The Company&rsquo;s <A HREF="http://www.sec.gov/Archives/edgar/data/1706524/000168316819000891/urbangro_10k-123118.htm" STYLE="-sec-extract: exhibit">Annual Report on Form 10-K for the year ended December 31, 2018</A>, as filed with the SEC on April 1, 2019. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 24px; text-align: justify"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">The Company&rsquo;s <A HREF="http://www.sec.gov/Archives/edgar/data/1706524/000168316819001652/urbangro_10q-033119.htm" STYLE="-sec-extract: exhibit">Quarterly Report on
    Form 10-Q for the quarter ended March 31, 2019</A> as filed with the SEC on May 20, 2019.</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">The Company&rsquo;s <A HREF="http://www.sec.gov/Archives/edgar/data/1706524/000168316819002553/urbangro_8k.htm" STYLE="-sec-extract: exhibit">Current Report on Form 8-K filed with the SEC on August 13, 2019</A>; and</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">The Company&rsquo;s <A HREF="http://www.sec.gov/Archives/edgar/data/1706524/000168316819002699/urbangro_10q-063019.htm" STYLE="-sec-extract: exhibit">Quarterly Report on Form 10-Q for the quarter ended June 30, 2019</A>, as filed with the SEC on August 19, 2019.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All reports and other documents subsequently
filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective
amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold,
shall be deemed to be incorporated by reference herein and to be a part of this Registration Statement from the date of the filing
of such reports and documents. Any such information so modified or superseded shall not be deemed, except as so modified or superseded,
to constitute part of this Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 8%"><B>ITEM 4.</B></TD><TD><B>DESCRIPTION OF SECURITIES</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Common Stock of the Company is registered
under Section 12 of the Securities Exchange Act of 1934, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 8%"><B>ITEM 5.</B></TD><TD><B>INTERESTS OF NAMED EXPERTS AND COUNSEL</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The validity of the issuance of the shares
of Common Stock registered under this Registration Statement has been passed upon for the Registrant by Andrew I. Telsey, P.C.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 8%"><B>ITEM 6.</B></TD><TD><B>INDEMNIFICATION OF DIRECTORS AND OFFICERS</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Colorado Business Corporations Act
authorizes corporations to limit or eliminate, subject to certain conditions, the personal liability of directors to corporations
and their stockholders for monetary damages for breach of their fiduciary duties. The Company&rsquo;s Articles of Incorporation
provides for the indemnification of the Company&rsquo;s officers and directors to the fullest extent not prohibited by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company currently maintains director
and officer liability insurance to cover liabilities our directors and officers may incur in connection with their services to
the Company, including matters arising under the Securities Act. Colorado law and the Company&rsquo;s bylaws provide that the Company
will indemnify its directors and officers, or former directors or officers, or any person who may have served at its request as
a director or officer of another corporation, and the personal representatives of all such persons, against expenses actually and
necessarily incurred in connection with the defense of any action, suit, or proceeding in which they, or any of them, were made
parties, or a party, by reason of being or having been directors or officers or a director or officer of the Company, or of such
other corporation, except in relation to matters as to which any such director or officer or person shall have been adjudged in
such action, suit, or proceeding to be liable for negligence or misconduct in the performance of any duty owed to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">There is no pending litigation or proceeding
involving any of our directors, officers, employees or agents in which indemnification will be required or permitted. We are not
aware of any threatened litigation or proceeding that may result in a claim for such indemnification.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Insofar as indemnification for liabilities
arising under the Act may be permitted to officers and directors of the Company in the future, the Company understands that, in
the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Act and
therefore unenforceable. In the event that a claim for indemnification for such liabilities (other than the payment by the Company
of expenses paid by a director or officer of the Company in the successful defense of any action, suit or proceeding) is asserted
by an officer or director for liabilities arising under the Act, the Company will (unless the question has already been determined
by a precedent deemed to be controlling), submit to a court of appropriate jurisdiction the question whether or not indemnification
by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 8%; text-align: left"><B>ITEM 7.</B></TD><TD STYLE="text-align: justify"><B>EXEMPTION FROM REGISTRATION
CLAIMED.</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 8%"><B>ITEM 8.</B></TD><TD><B>EXHIBITS</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following exhibits are attached to this registration statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 6%"></TD><TD STYLE="width: 5%; text-align: left">4.1</TD><TD STYLE="text-align: justify">urban-gro, Inc. 2019 Equity Incentive Plan</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 6%"></TD><TD STYLE="width: 5%; text-align: left">5.1</TD><TD STYLE="text-align: justify">Opinion of Andrew I. Telsey, P.C.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 6%"></TD><TD STYLE="width: 5%; text-align: left">23.1</TD><TD STYLE="text-align: justify">Consent of B F Borgers CPA PC, independent auditors.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 6%"></TD><TD STYLE="width: 5%; text-align: left">23.2</TD><TD STYLE="text-align: justify">Consent of Andrew I. Telsey, P.C., counsel for the Company.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to Instruction (2) under Item
8 of Form S-8, the registrant hereby undertakes that it will submit or has submitted the plan intended to be qualified under Section
401 of the Internal Revenue Code and any amendment thereto to the Internal Revenue Service (&ldquo;IRS&rdquo;) in a timely manner
and has made or will make all changes required by the IRS in order to qualify such plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 8%"><B>ITEM 9.</B></TD><TD><B>UNDERTAKINGS</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.5in">(a)</TD>
    <TD STYLE="text-align: justify">The undersigned registrant hereby undertakes:</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 0.5in">(1)</TD>
    <TD STYLE="text-align: justify">To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement
to:</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.35in; text-align: left">(i)</TD><TD STYLE="text-align: justify">include any prospectus required by Section 10(a)(3) or the Securities Act;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.35in; text-align: left">(ii)</TD><TD STYLE="text-align: justify">reflect in the prospectus any facts or events which, individually
or together, represent a fundamental change in the information in the registration statement; and</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.35in; text-align: left">(iii)</TD><TD STYLE="text-align: justify">include any additional or changed material information
on the plan of distribution;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">provided, however, that
paragraphs (a)(1)(i) and (a)(1)(ii) shall not apply if the information required to be included in a post-effective amendment
by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the registrant pursuant to
Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the registration statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That,
for the purpose of determining any liability under the Securities Act, each post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed
to be the initial <I>bona fide</I> offering thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
termination of the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing
of the Registrant&rsquo;s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable,
each filing of an employee benefit plan&rsquo;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated
by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons
of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In
the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred
or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant
will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will
be governed by the final adjudication of such issue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Pursuant to the requirements
of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Lafayette, State of Colorado, on August 27, 2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%">URBAN-GRO, INC.</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>By: <U>/s/ Brad Nattrass&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>Brad Nattrass, Chief Executive Officer</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>By: <U>/s/ Richard Akright&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>Richard Akright, Interim Chief
Financial Officer</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">POWER OF ATTORNEY</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Each person whose signature appears below
constitutes and appoints Brad Nattrass, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution,
for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments)
to this registration statement on Form S-8, and to file the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full
power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith,
as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact
and agents, or either of them, or their or his or her substitutes or substitute, may lawfully do or cause to be done by virtue
hereof. This power of attorney may be signed in several counterparts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to the requirements of the Securities Act of 1933,
this Registration Statement has been signed by the following persons in the capacities and on the dates indicated:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 33%"><U>Signature</U></TD>
    <TD STYLE="width: 34%; text-align: center"><U>Title</U></TD>
    <TD STYLE="width: 33%; text-align: center"><U>Date</U></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><U>/s/ Bradley Nattrass&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
    <TD STYLE="text-align: center">Chief
Executive Officer and Director</TD>
    <TD STYLE="text-align: center">August 27, 2019</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>Bradley Nattrass</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><U>/s/ Richard Akright&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
    <TD STYLE="text-align: center">Interim Chief Financial Officer</TD>
    <TD STYLE="text-align: center">August 27, 2019</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>Richard Akright</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><U>/s/ Octavio Gutierrez&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
    <TD STYLE="text-align: center">Director</TD>
    <TD STYLE="text-align: center">August 27, 2019</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>Octavio
Gutierrez</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><U>/s/ Lewis O. Wilks&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
    <TD STYLE="text-align: center">Director</TD>
    <TD STYLE="text-align: center">August 27, 2019</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>Lewis
O. Wilks</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><U>/s/ James H. Dennedy&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
    <TD STYLE="text-align: center">Director</TD>
    <TD STYLE="text-align: center">August 27, 2019</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>James H. Dennedy</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><U>/s/ Lance Galey&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
    <TD STYLE="text-align: center">Director</TD>
    <TD STYLE="text-align: center">August 27, 2019</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>Lance Galey</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><U>/s/ James Lowe&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
    <TD STYLE="text-align: center">Director</TD>
    <TD STYLE="text-align: center">August 27, 2019</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>James Lowe</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EXHIBIT INDEX</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; text-align: center">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>&nbsp;</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-variant: small-caps"><B>Exhibit
        No.</B></FONT></P></TD>
    <TD STYLE="width: 85%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps"><B>Description</B></FONT></P></TD></TR>
<TR>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><A HREF="urbangro_ex0401.htm">urban-gro, Inc. 2019 Equity Incentive Plan</A></FONT></TD></TR>
<TR>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">5.1</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><A HREF="urbangro_ex0501.htm">Opinion of Andrew I. Telsey, P.C.</A></FONT></TD></TR>
<TR>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">23.1</FONT></TD>
    <TD><A HREF="urbangro_ex2301.htm"><FONT STYLE="font-size: 10pt">Consent of B F Borgers CPA PC</FONT></A></TD></TR>
<TR>
    <TD STYLE="text-align: center">23.2</TD>
    <TD><A HREF="urbangro_ex0501.htm">Consent of Andrew I. Telsey, P.C.</A> (included in Exhibit 5.1 hereto)</TD></TR>
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[{"type": "S-8", "sequence": "1", "filename": "urbangro_s8-082019.htm", "description": "FORM S-8", "secsgml_size_bytes": 77334}]
{"company-data": {"conformed-name": "urban-gro, Inc.", "cik": "0001706524", "assigned-sic": "5080", "irs-number": "465158469", "state-of-incorporation": "CO", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-233472", "film-number": "191054087"}, "business-address": {"street1": "1751 PANORAMA PT", "street2": "UNIT G", "city": "LAFAYETTE", "state": "CO", "zip": "80026", "phone": "720-390-3880"}, "mail-address": {"street1": "1751 PANORAMA PT", "street2": "UNIT G", "city": "LAFAYETTE", "state": "CO", "zip": "80026"}}
As filed with the Securities and Exchange
Commission on August 27, 2019
Registration No.
333-__________
UNITED STATES SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
URBAN-GRO, INC.
(Exact Name of Registrant as Specified in
its Charter)
Colorado
46-5158469
(State or Other Jurisdiction of
(IRS Employer Identification
Number)
Incorporation or Organization)
1751 Panorama Point
Unit G
Lafayette, CO 80026
(Address of Principal Executive Offices)
(Zip Code)
URBAN-GRO,
INC. 2019 EQUITY INCENTIVE PLAN
(Full Title of the Plan)
Brad Nattrass, Chief Executive Officer
urban-gro, Inc.
1751 Panorama Point
Unit G
Lafayette, CO 80026
(Name and Address of Agent for Service)
(720) 390-3880
(Telephone Number of Agent for Service)
COPIES TO:
Andrew I. Telsey, Esq.
Andrew I. Telsey, P.C.
12835 E. Arapahoe Road
Tower 1 Penthouse #803
Centennial, Colorado 80112
(303) 768-9221
Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or emerging growth company.
See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company,"
or "emerging growth company" in Rule 12b-2 of the Exchange Act:
Large accelerated filer ☐
Accelerated
filer ☐
Non-accelerated filer ☒
Smaller
reporting company ☒
Emerging
growth company ☒
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.    ☐
CALCULATION OF REGISTRATION FEE
Title of Securities to be Registered
Amount to be
Registered
(1)
Proposed Maximum Offering Price Per
Share
(2)
Proposed Maximum Aggregate Offering
Price
(2)
Amount of
Registration Fee
Common Stock, par value $0.001 per share..
3,500,000
(3)
$2.50
$8,750,000
$1,060.50
(1)
Pursuant
to Rule 416, for each of the amounts indicated, this registration statement also covers an indeterminate number of additional
shares of Common Stock which may become available for issuance to cover possible adjustments under the aforementioned plan, for
example, by reason of stock dividends, stock splits, recapitalizations or other similar transactions.
(2)
Estimated
                                         solely for purposes of calculating the registration fee pursuant to Rule 457(c) and (h)
                                         and based upon the closing price of the Company's common stock on the OTC pink
                                         sheets on
August 23, 2019
, a date within
                                         5 business days prior to the date of filing of this Registration Statement.
(3)
Represents
the number of shares of common stock reserved under the 2019 Plan with respect to grants of incentive stock options, nonstatutory
stock options, stock appreciation rights, restricted stock, restricted stock units, performance units, performance shares and
other stock as the administrator of the 2019 Plan may determine
.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a)
PROSPECTUS
Item 1.
Plan Information
urban-gro, Inc., a Colorado corporation,
(the "Company"), is filing this Registration Statement in order to register 3,500,000 shares of common stock, par value
$0.001 per share (the "Common Stock") and such additional shares of Common Stock reserved for issuance pursuant to
the Company's 2019 Equity Incentive Plan (the "2019 Plan").
The documents containing the information
specified in this Part I will be sent or given to participants in the 2019 Plan as specified by Rule 428(b)(1) of the Securities
Act of 1933, as amended (the "Securities Act"). Such documents are not being filed with the U.S. Securities and Exchange
Commission (the "Commission") either as part of this Registration Statement or as prospectuses or prospectus supplements
pursuant to Rule 424 of the Securities Act. These documents and the documents incorporated by reference in Item 3 of Part II of
this Registration Statement, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities
Act (the "Prospectus").
General
The 2019 Plan was approved by the Company's
Board of Directors on March 14, 2019 and by stockholders on May 23, 2019.
The general purpose of the 2019 Plan is
to provide an incentive to the Company's employees, directors, consultants and advisors by enabling them to share in the
future growth of the Company's business. The Company's Board of Directors believes that the granting of stock options,
restricted stock awards, unrestricted stock awards and similar kinds of equity-based compensation promotes continuity of management
and increases incentive and personal interest in the welfare of the Company by those who are primarily responsible for shaping
and carrying out its long range plans and securing its growth and financial success.
The Company's Board of Directors
believes that the 2019 Plan will advance the Company's interests by enhancing its ability to (a) attract and retain employees,
consultants, directors and advisors who are in a position to make significant contributions to its success; (b) reward its employees,
consultants, directors and advisors for these contributions; and (c) encourage employees, consultants, directors and advisors to
take into account the Company's long-term interests through ownership of its shares.
Description of the 2019 Equity Incentive
Plan
The following description of the principal
terms of the 2019 Plan is a summary and is qualified in its entirety by the full text of the 2019 Plan, which is attached as Exhibit
4.1 hereto.
Administration
.
The
2019 Plan is administered by the Company's Board of Directors. The Board of Directors may grant options to purchase
shares of Common Stock, stock appreciation rights, restricted stock units, restricted or unrestricted shares of Common Stock,
performance shares, performance units, other cash-based awards and other stock-based awards. The Board of Directors also has
broad authority to determine the terms and conditions of each option or other kind of equity award, adopt, amend and rescind
rules and regulations for the administration of the 2019 Plan and amend or modify outstanding options, grants and awards. The
Board of Directors may delegate authority to the chief executive officer and/or other executive officers to grant options and
other awards to employees (other than themselves), subject to applicable law and the 2019 Plan. No options, stock purchase
rights or awards may be made under the 2019 Plan on or after the ten year anniversary of the adoption of the 2019 Plan by the
Board of Directors, but the 2019 Plan will continue thereafter while previously granted options, stock appreciation rights or
awards remain subject to the 2019 Plan.
Eligibility
.
Persons
eligible to receive options, stock appreciation rights or other awards under the 2019 Plan are those employees, consultants,
advisors and directors of the Company and its subsidiaries who, in the opinion of the Board of Directors, are in a position
to contribute to the Company's success.
1
Shares Subject to the 2019
Plan
.
The aggregate number of shares of Common Stock available for issuance in connection with options and awards
granted under the 2019 Plan is 3,500,000, subject to customary adjustments for stock splits, stock dividends or similar
transactions. Incentive stock options may be granted under the 2019 Plan with respect to all of those shares. If any option
or stock appreciation right granted under the 2019 Plan terminates without having been exercised in full or if any award is
forfeited, or if shares of Common Stock are withheld to cover withholding taxes on options or other awards, the number of
shares of Common Stock as to which such option or award was forfeited, or which were withheld, will be available for future
grants under the 2019 Plan. No employee, consultant, advisor or director may receive options or stock appreciation rights
relating to more than 1,000,000 shares of Common Stock in the aggregate in any calendar year.
Options
.
Options
granted under the 2019 Plan may be either "incentive stock options" that are intended to meet the requirements of
Section 422 of the Internal Revenue Code of 1986, as amended (the "Code") or "nonstatutory stock
options" that do not meet the requirements of Section 422 of the Code. The Board of Directors will determine the
exercise price of options granted under the 2019 Plan. The exercise price of stock options may not be less than the fair
market value, on the date of grant, per share of Common Stock issuable upon exercise of the option (or 110% of fair market
value in the case of incentive options granted to a ten-percent stockholder).
If on the date of grant the Common Stock
is listed on a stock exchange or is quoted on the automated quotation system of Nasdaq, the fair market value shall generally be
the closing sale price on the last trading day before the date of grant. If no such prices are available, the fair market value
shall be determined in good faith by the Board of Directors based on the reasonable application of a reasonable valuation method.
No option may be exercisable for more than
ten years (five years in the case of an incentive stock option granted to a ten-percent stockholder) from the date of grant. Options
granted under the 2019 Plan will be exercisable at such time or times as the Board of Directors prescribes at the time of grant.
No employee may receive incentive stock options that first become exercisable in any calendar year in an amount exceeding $100,000.
The Board of Directors may, in its discretion, permit a holder of an option to exercise the option before it has otherwise become
exercisable, in which case the shares of Common Stock issued to the recipient will continue to be subject to the vesting requirements
that applied to the option before exercise.
Generally, the option price may be paid
(a) in cash or by certified bank check, (b) through delivery of shares of Common Stock having a fair market value equal to the
purchase price, or (c) a combination of these methods. The Board of Directors is also authorized to establish a cashless exercise
program and to permit the exercise price (or tax withholding obligations) to be satisfied by reducing from the shares otherwise
issuable upon exercise a number of shares having a fair market value equal to the exercise price.
No option may be transferred other than
by will or by the laws of descent and distribution, and during a recipient's lifetime an option may be exercised only by
the recipient. However, the Board of Directors may permit the holder of an option, stock appreciation right or other award to transfer
the option, right or other award to immediate family members or a family trust for estate planning purposes. The Board of Directors
will determine the extent to which a holder of a stock option may exercise the option following termination of service with the
Company.
Stock Appreciation
Rights
.
The Board of Directors may grant stock appreciation rights independent of or in connection with an option.
The Board of Directors will determine the other terms applicable to stock appreciation rights. The exercise price per share
of a stock appreciation right will be determined by the Board of Directors but will not be less than 100% of the fair market
value of a share of Common Stock on the date of grant, as determined by the Board of Directors. The maximum term of any stock
appreciation rights granted under the 2019 Plan is ten years from the date of grant. Generally, each stock appreciation right
will entitle a participant upon exercise to an amount equal to:
•
the excess of the fair market value on
        the exercise date of one share of our common stock over the exercise
price,
multiplied by
•
the number of shares of Common Stock covered by the stock appreciation right.
Payment may be made in shares of Common
Stock, in cash, or partly in Common Stock and partly in cash, all as determined by the Board of Directors.
2
Restricted Stock and
Restricted Stock Units
.
The Board of Directors may award restricted common stock and/or restricted stock units
under the 2019 Plan. Restricted stock awards consist of shares of stock that are transferred to a participant subject to
restrictions that may result in forfeiture if specified conditions are not satisfied. Restricted stock units confer the right
to receive shares of Common Stock, cash, or a combination of shares and cash, at a future date upon or following the
attainment of certain conditions specified by the Board of Directors. The Board of Directors will determine the restrictions
and conditions applicable to each award of restricted stock or restricted stock units, which may include performance-based
conditions. Dividends with respect to restricted stock may be paid to the holder of the shares as and when dividends are paid
to stockholders or at the time that the restricted stock vests, as determined by the Board of Directors. Dividend equivalent
amounts may be paid with respect to restricted stock units either when cash dividends are paid to stockholders or when the
units vest. Unless the Board of Directors determines otherwise, holders of restricted stock will have the right to vote the
shares.
Performance Shares and
Performance Units
.
The Board of Directors may award performance shares and/or performance units under the 2019
Plan. Performance shares and performance units are awards, denominated in either shares or U.S. dollars, which are earned
during a specified performance period subject to the attainment of performance criteria, as established by the Board of
Directors. The Board of Directors will determine the restrictions and conditions applicable to each award of performance
shares and performance units.
Transferability of Awards
.
Unless determined otherwise by the Board of Directors, an award under the 2019 Plan may not be sold, pledged, assigned, hypothecated,
transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during
the lifetime of a participant, only by the participant. If the Board of Directors makes an award transferable, such award may only
be transferred (i) by will, (ii) by the laws of descent and distribution, (iii) to a revocable trust, or (iii) as permitted by
Rule 701 of the Securities Act.
Effect of Certain Corporate Transactions
.
The Board of Directors may, at the time of the grant of an award, provide for the effect of a change in control (as defined
in the 2019 Plan) on any award, including (i) accelerating or extending the time periods for exercising, vesting in, or realizing
gain from any award, (ii) eliminating or modifying the performance or other conditions of an award, or (iii) providing for the
cash settlement of an award for an equivalent cash value, as determined by the Board of Directors. The Board of Directors may,
in its discretion and without the need for the consent of any recipient of an award, also take one or more of the following actions
contingent upon the occurrence of a change in control: (a) cause any or all outstanding options and stock appreciation rights
to become immediately exercisable, in whole or in part; (b) cause any other awards to become non-forfeitable, in whole or in part;
(c) cancel any option or stock appreciation right in exchange for a substitute option; (d) cancel any award of restricted stock,
restricted stock units, performance shares or performance units in exchange for a similar award of the capital stock of any successor
corporation; (e) redeem any restricted stock, restricted stock unit, performance share or performance unit for cash and/or other
substitute consideration with a value equal to the fair market value of an unrestricted share of Common Stock on the date of the
change in control; (f) cancel any option or stock appreciation right in exchange for cash and/or other substitute consideration
based on the value of Common Stock on the date of the change in control, and cancel any option or stock appreciation right without
any payment if its exercise price exceeds the value of Common Stock on the date of the change in control; or (g) make such other
modifications, adjustments or amendments to outstanding awards as the Board of Directors deems necessary or appropriate.
Amendment, Termination
.
The Board of Directors may amend the terms of awards in any manner not inconsistent with the 2019 Plan, provided that no
amendment shall adversely affect the rights of a participant with respect to an outstanding award without the
participant's consent. In addition, the Board of Directors may at any time amend, suspend, or terminate the 2019 Plan,
provided that (i) no such amendment, suspension or termination shall materially and adversely affect the rights of any
participant under any outstanding award without the consent of such participant and (ii) to the extent necessary to comply
with any applicable law or stock exchange rule, the 2019 Plan requires the Company to obtain stockholder consent. Stockholder
approval is required for any plan amendment that increases the number of shares of common stock available for issuance under
the 2019 Plan or changes the persons or classes of persons eligible to receive awards.
Item 2.
Registrant Information and Employee Plan Annual Information.
Any of the documents incorporated by reference
in Item 3 of Part II of this Registration Statement are also incorporated by reference in the Prospectus and are available, without
charge, upon written or oral request.
Such other documents required to be delivered
to employees pursuant to Rule 428(b) of the Securities Act shall also be available, without charge, upon written or oral request
directed to: urban-gro, Inc., Attention: Chief Executive Officer,; 1751 Panorama Point, Unit G, Lafayette, CO 80026 telephone number:
(720) 390-3880.
3
PART II
INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT
ITEM 3.
INCORPORATION OF DOCUMENTS BY REFERENCE
The following documents,
all of which were previously filed by the Registrant with the Commission pursuant to the Securities Exchange Act of 1934, as amended
("Exchange Act"), are hereby incorporated by reference:
1.
The Company's
Annual Report on Form 10-K for the year ended December 31, 2018
, as filed with the SEC on April 1, 2019.
2.
The Company's
Quarterly Report on
    Form 10-Q for the quarter ended March 31, 2019
as filed with the SEC on May 20, 2019.
3.
The Company's
Current Report on Form 8-K filed with the SEC on August 13, 2019
; and
4.
The Company's
Quarterly Report on Form 10-Q for the quarter ended June 30, 2019
, as filed with the SEC on August 19, 2019.
All reports and other documents subsequently
filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective
amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold,
shall be deemed to be incorporated by reference herein and to be a part of this Registration Statement from the date of the filing
of such reports and documents. Any such information so modified or superseded shall not be deemed, except as so modified or superseded,
to constitute part of this Registration Statement.
ITEM 4.
DESCRIPTION OF SECURITIES
The Common Stock of the Company is registered
under Section 12 of the Securities Exchange Act of 1934, as amended.
ITEM 5.
INTERESTS OF NAMED EXPERTS AND COUNSEL
The validity of the issuance of the shares
of Common Stock registered under this Registration Statement has been passed upon for the Registrant by Andrew I. Telsey, P.C.
ITEM 6.
INDEMNIFICATION OF DIRECTORS AND OFFICERS
The Colorado Business Corporations Act
authorizes corporations to limit or eliminate, subject to certain conditions, the personal liability of directors to corporations
and their stockholders for monetary damages for breach of their fiduciary duties. The Company's Articles of Incorporation
provides for the indemnification of the Company's officers and directors to the fullest extent not prohibited by law.
The Company currently maintains director
and officer liability insurance to cover liabilities our directors and officers may incur in connection with their services to
the Company, including matters arising under the Securities Act. Colorado law and the Company's bylaws provide that the Company
will indemnify its directors and officers, or former directors or officers, or any person who may have served at its request as
a director or officer of another corporation, and the personal representatives of all such persons, against expenses actually and
necessarily incurred in connection with the defense of any action, suit, or proceeding in which they, or any of them, were made
parties, or a party, by reason of being or having been directors or officers or a director or officer of the Company, or of such
other corporation, except in relation to matters as to which any such director or officer or person shall have been adjudged in
such action, suit, or proceeding to be liable for negligence or misconduct in the performance of any duty owed to the Company.
4
There is no pending litigation or proceeding
involving any of our directors, officers, employees or agents in which indemnification will be required or permitted. We are not
aware of any threatened litigation or proceeding that may result in a claim for such indemnification.
Insofar as indemnification for liabilities
arising under the Act may be permitted to officers and directors of the Company in the future, the Company understands that, in
the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Act and
therefore unenforceable. In the event that a claim for indemnification for such liabilities (other than the payment by the Company
of expenses paid by a director or officer of the Company in the successful defense of any action, suit or proceeding) is asserted
by an officer or director for liabilities arising under the Act, the Company will (unless the question has already been determined
by a precedent deemed to be controlling), submit to a court of appropriate jurisdiction the question whether or not indemnification
by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
ITEM 7.
EXEMPTION FROM REGISTRATION
CLAIMED.
Not applicable.
ITEM 8.
EXHIBITS
The following exhibits are attached to this registration statement:
4.1
urban-gro, Inc. 2019 Equity Incentive Plan
5.1
Opinion of Andrew I. Telsey, P.C.
23.1
Consent of B F Borgers CPA PC, independent auditors.
23.2
Consent of Andrew I. Telsey, P.C., counsel for the Company.
Pursuant to Instruction (2) under Item
8 of Form S-8, the registrant hereby undertakes that it will submit or has submitted the plan intended to be qualified under Section
401 of the Internal Revenue Code and any amendment thereto to the Internal Revenue Service ("IRS") in a timely manner
and has made or will make all changes required by the IRS in order to qualify such plan.
ITEM 9.
UNDERTAKINGS
(a)
The undersigned registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement
to:
(i)
include any prospectus required by Section 10(a)(3) or the Securities Act;
(ii)
reflect in the prospectus any facts or events which, individually
or together, represent a fundamental change in the information in the registration statement; and
(iii)
include any additional or changed material information
on the plan of distribution;
5
provided, however, that
paragraphs (a)(1)(i) and (a)(1)(ii) shall not apply if the information required to be included in a post-effective amendment
by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the registrant pursuant to
Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the registration statement.
(2)            That,
for the purpose of determining any liability under the Securities Act, each post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed
to be the initial
bona fide
offering thereof.
(3)            To
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
termination of the offering.
(b)       The
undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing
of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable,
each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated
by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c)       Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons
of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In
the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred
or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant
will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will
be governed by the final adjudication of such issue.
6
SIGNATURES
Pursuant to the requirements
of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Lafayette, State of Colorado, on August 27, 2019.
URBAN-GRO, INC.
By:
/s/ Brad Nattrass
Brad Nattrass, Chief Executive Officer
By:
/s/ Richard Akright
Richard Akright, Interim Chief
Financial Officer
POWER OF ATTORNEY
Each person whose signature appears below
constitutes and appoints Brad Nattrass, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution,
for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments)
to this registration statement on Form S-8, and to file the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full
power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith,
as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact
and agents, or either of them, or their or his or her substitutes or substitute, may lawfully do or cause to be done by virtue
hereof. This power of attorney may be signed in several counterparts.
Pursuant to the requirements of the Securities Act of 1933,
this Registration Statement has been signed by the following persons in the capacities and on the dates indicated:
Signature
Title
Date
/s/ Bradley Nattrass
Chief
Executive Officer and Director
August 27, 2019
Bradley Nattrass
/s/ Richard Akright
Interim Chief Financial Officer
August 27, 2019
Richard Akright
/s/ Octavio Gutierrez
Director
August 27, 2019
Octavio
Gutierrez
/s/ Lewis O. Wilks
Director
August 27, 2019
Lewis
O. Wilks
/s/ James H. Dennedy
Director
August 27, 2019
James H. Dennedy
/s/ Lance Galey
Director
August 27, 2019
Lance Galey
/s/ James Lowe
Director
August 27, 2019
James Lowe
7
EXHIBIT INDEX
Exhibit
        No.
Description
4.1
urban-gro, Inc. 2019 Equity Incentive Plan
5.1
Opinion of Andrew I. Telsey, P.C.
23.1
Consent of B F Borgers CPA PC
23.2
Consent of Andrew I. Telsey, P.C.
(included in Exhibit 5.1 hereto)
8