Surna, Inc is developer and manufacturer of cannabis cultivation equipment. It currently features products for climate control in legal indoor cannabis grow operations, and is aiming to expand its product line. Through research and development as well as acquisitions, the company is also open to reaching other sectors such as biotechnology and nutraceuticals.
Founded and incorporated in Nevada in 2009, Surna, Inc now has its headquarters in Colorado. The company trades in the OTC markets under the symbol SRNA, and its market cap is at USD 48.18 M.
Surna designs its climate control products for indoor gardens and cultivation facilities, particularly for their need to regulate humidity and temperature for marijuana plants. The company’s climate control system uses water-chilled or water-cooled mechanisms which also help reduce mold. Surna touts these systems as more efficient than traditional ones.
Other products of Surna, Inc are commercial air handlers and garden chillers, which are part of the company’s climate control system but can be purchased separately.
For its products, Surna, Inc uses technologies it obtained through intellectual property (IP) acquisition. It acquired the intellectual property portfolio of Safari Resource Group, Inc, a marijuana IP owner whose portfolio includes the patented “Airstream” reflector.
Surna also acquired the gardening equipment company Hydro Innovations, which has become a Surna brand. The co-founder of Hydro Innovations, Stephen Keen, was the original developer of the water-chilled system that Surna now uses.
With its acquisitive strategy, the company aims to be an aggregator of technologies, IP, and scalable operating companies.
Surna, Inc is also noted for its management team. Zynga co-founder Thomas Douglas Bollich now leads Surna as its Chairman, CEO, and President. Together with him are CFO and Executive VP Douglas McKinnon and General Counsel Tae Elan, who is one of the first marijuana lawyers in Colorado.
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Latest Financial News for SRNA
Letter Details Strategic Plan and Vision for 2019 BOULDER, Colorado , March 6, 2019 /PRNewswire/ -- Surna Inc. (OTCQB: SRNA), a designer, engineer and manufacturer of environmental control and air sanitation ...
CALGARY , Dec. 17, 2018 /CNW/ - RMMI Corp. ("RMMI" or the "Company") (CSE: RMMI) is pleased to provide an update on the renovation of its Newell facility and related activities. Interior demolition of the main building commenced at the beginning of December and is expected to be completed before December 25 , 2018. Reconstruction and renovation of the building will commence immediately thereafter and is targeted for completion in Q2 2019. The Company's 23,400 square foot main facility will be capable of supplying the Canadian market with a wide range of cannabis products. The Company believes that with robust environmental controls, full-spectrum controllable LED lighting and precise irrigation control, the Company will be able to produce the highest quality plants while reducing crop risk. Each growing room will be configured with a wide array of sensors to allow the Company to collect real-time data on growing conditions and climate and continually improve its results. These systems will allow each room to maintain accurate environmental setpoints for conditions such as humidity and temperature and adjust to variations in internal and external conditions. The facility is designed to maximize the genetic potential of each strain for terpene profile, flower quality and yield.
West Point, Harvard Business School and HVAC/Cleantech Industry Veteran Appointed to Lead and Drive Next Stage of Company's Strategic Growth BOULDER, Colorado , November 28, 2018 /PRNewswire/ -- Surna ...
BOULDER, Colorado , Nov. 14, 2018 /PRNewswire/ -- Surna Inc. (OTCQB: SRNA) announced today operating and financial results for the three and nine months ended September 30 , 2018. Surna designs, engineers ...
Tony brings energy efficiency and heating, ventilation and air conditioning experience BOULDER, Colorado , September 13, 2018 /PRNewswire/ -- Surna Inc. (OTCQB: SRNA), a designer, engineer and manufacturer ...