Germany, they’re waiting for the EU to give the blessing on their request to have the cannabis growing in country. Everything seems positive right now. It could take weeks. It could take months, it could take quarters until there’s a ruling there. But once that ruling takes place, there will be facilities built within the country. There’s four current operators who are operating on the medicinal side of the business and would expect expansion from them, and then there’ll be new entrants entering the marketplace. And those new entrants have already started to make an appearance. Our team has been either exhibiting or attending multiple trade shows. And just like in the U.S. 6 years ago, the trade shows are where individuals are able to – our clients are able to connect with future partners.
So we’ve been having great success so far. And in the next 3 months, I believe there’s three more conferences that will be exhibiting – we’re attending.
Eric Beder: Okay. And looking at the domestic, you mentioned that two projects had pushed out, and that was big enough to change the entire flow of the guide to some extent. What are you seeing in terms of your ability to have bigger and bigger contracts with larger and larger people going forward now that you’ve made these acquisitions? And what do you think a potential – is there another acquisition necessary to take it to the next level or you put us be more opportunistic, I guess, on the acquisitions?
Brad Nattrass: And – the entering Q4, our backlog and construction design build was $56 million. We recognized $12 million of that backlog in Q4. And then we signed $38 million of new construction design build contracts in Q4. So we ended at about $82 million. And we’re – it’s a great question, can we build upon Emerald Construction Management by hiring key individuals? Or do we have to continue to look at perhaps other regional construction management firms to help complete it? But the answer depends on the size of the projects. And urban-gro is focused on having fewer projects that are much larger scale. And when that is the case, you need a strong project management team and you need a strong site, superintended on-site at each one. So under that model, under this €“ under this approach that we’re taking to the marketplace, we can keep adding on key strong clientele – sorry, key strong members to our team, as opposed to needing to go continue on the M&A front.
Eric Beder: Okay. Thank you and good luck for more exciting
Brad Nattrass: Thank you. Appreciate it, Eric.
Operator: That is all the questions we have for today. Please reach out to investors @urban-gro.com with any additional questions. I will now turn the call back over to Mr. Nattrass for closing comments.
Brad Nattrass: Thank you, Rob. In closing, we continue to see strong momentum in our diversified professional services and design build model across all sectors in which we operate. And although it’s still too early to forecast, we do anticipate a recovery in the cannabis sector later this year. Entering ’23, we’re focused on continuing to scale and integrate our operations to service this increased demand evidenced with our $93 million backlog, which continues to strengthen. We’re stronger, more durable. We’re a more diverse company than we’ve ever been, and we remain committed to return to positive adjusted EBITDA as soon as possible. On behalf of our team, we’re grateful for your interest and ongoing support. Thanks for logging in today and have a wonderful evening.
Operator: This concludes today’s conference. You may disconnect your lines at this time, and we thank you for your participation.