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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Announces $15.2 Million in 2019 Revenue and Downsizing of Operations in Response to Coronavirus Boulder, Colorado, March 24, 2020 -- Surna Inc. (OTCQB: SRNA) announced.
Surna Inc. (SRNA), a designer, engineer and manufacturer of environmental control and air sanitation systems for commercial, state- and provincial-regulated indoor cannabis cultivation facilities, announced today the issuance of a letter to shareholders from the Company’s Chief Executive Officer, Anthony K. McDonald. The shareholder letter outlines a series of inter-related strategic initiatives that the Company intends to pursue during 2020, including: (i) broadening its product line, (ii) extending leadership into more advanced technology products, and (iii) engaging in more strategic relationships.
Agreements cover equipment for a combined total of over 212,000 square feet of cultivation space Boulder, Colorado, Feb. 11, 2020 -- Surna Inc. (OTCQB: SRNA) announced a.
Companies interested in expanding or retrofitting facilities for cannabis cultivation can gain insight about the process from experts at a free webinar on Thursday, January 16, at 10 a.m. MST. Brandy Keen of Surna Inc. (SRNA) and Ryan H. Smith of Cure Solutions will share their expertise at this one-hour event. Surna, a designer, engineer and manufacturer of environmental control and air sanitation systems for commercial, state- and provincial-regulated indoor cannabis cultivation facilities, and Cure Solutions, an organically built multi-state operator with cannabis operations in four states including dispensaries, processing and cultivation that owns and/or operates in Ohio, Oklahoma, Colorado and Pennsylvania, are eager to educate cultivators on how they can maintain product quality and consistency as well as minimize capital and operational expenses when building new facilities or retrofitting existing ones.