why such extreme volatity on this baby?

Prior to this offering, shares of our common stock were quoted on the OTC Markets Group, Inc. OTCQX Marketplace under the symbol “UGRO.”

On February 9, 2021, the last reported sale price for our common stock as reported on the OTCQX Marketplace was $50.00 per share. Our common stock has recently experienced extreme price volatility. On January 11, 2021, the last reported sale price was $10.50 per share. From January 4, 2021 to February 9, 2021, sales of our common stock have been effected at prices as low as $4.00 and as high as $162.00. The high of $162.00 occurred on February 5, 2021, when 63,318 shares were traded. The average daily trading volume over the past twelve months is approximately 600 shares per day. We have not experienced any material changes in our financial condition or results of operations that explain such price volatility or trading volume. The trading price of our common stock has been, and may continue to be, subject to wide price fluctuations in response to various factors, many of which are beyond our control, including those described in “Risk Factors.” The public offering price was determined through negotiation between us and the representative of the underwriters in the offering. We have received approval to list our common stock on the Nasdaq Capital Market under the symbol “UGRO.”