Surna, Inc. (SRNA)

surna-logo1Surna, Inc develops and manufactures cannabis cultivation equipment. Its primary products are for indoor growing climate control, and it intends to add more to this current product line. Surna is noted for having Zynga co-founder Thomas Douglas Bollich as its top executive, as well as for its acquisitive strategy through which it aims to aggregate technologies, IP, and scalable operating companies.

The climate control products that Surna offers are designed to regulate humidity and temperature in indoor gardens and cultivation facilities. This function is considered essential for growing marijuana. Surna’s climate control system is deemed more efficient than most in the market because it uses water-chilled or water-cooled mechanisms. This also helps reduce plant mold in a closed environment.

Surna also provides commercial air handlers and garden chillers. These are typically part of the climate control system, but they can be purchased separately.

The technologies used in Surna products are from intellectual property (IP) that the company has obtained through acquisitions. For instance, Surna acquired the IP portfolio of the marijuana IP owner Safari Resource Group, Inc. Included in this portfolio is the patented “Airstream” reflector.

Another acquisition of Surna is the cultivation equipment company Hydro Innovations. The co-founder of this company, Stephen Keen, is the original developer of the water-chilled mechanism that is now used in Surna’s system. Hydro Innovations has also become a Surna brand.

Surna, Inc was founded and incorporated in 2009 in Nevada. Today, the company is headquartered in Colorado and has a market cap of USD 48.18 M. It is traded as SRNA in the OTC markets.

Thomas Bollich is now Surna’s Chairman, CEO, and President. He is joined by Executive VP and CFO Douglas McKinnon, as well as General Counsel Tae Elan, who is one of Colorado’s first marijuana lawyers.

Surna, Inc.

1780 55th Street, Suite A
Boulder, CO 80301

Phone: (303) 993-5271

Yahoo! Finance: SRNA News

Latest Financial News for SRNA

Surna Announces Participation at Upcoming Investor Conferences

Marking Launch of First-ever Investor Outreach Program Boulder, Colorado, Sept. 13, 2019 -- Surna Inc. (OTCQB: SRNA) is pleased to announce its participation at the.

Surna Introduces its IsoStream™ Fan Coil Product Family

Expands fan coil product line for controlled environment agriculture (CEA) Boulder, Colorado, Aug. 27, 2019 -- Surna Inc. (OTCQB: SRNA) introduces a full line of.

Surna Reports Record $4.2 Million in Quarterly Revenue and Its First Profitable Quarter Ever in Q2 2019

Boulder, Colorado, Aug. 07, 2019 -- Surna Inc. (OTCQB: SRNA) announced today operating and financial results for the three and six months ended June 30, 2019. We will be.

Surna Reports Q1 2019 Results

Enters into $5 million sales contract in April/May 2019 for multi-facility operator expansion project  and announces Strategic Plan for Acquisitions and Funding Boulder,.

Surna Signs Two Project Contracts for a Combined Value of $4.7 Million

Surna Inc. (SRNA) announced today that it recently signed two contracts with a combined value of $4.7 million. New facility construction project for $2.2 million: This contract is for a 90,000 square foot indoor cannabis facility that is being built in the Midwest. Payment for the remaining value of the contract, about $2.1 million, is primarily for delivery of HVAC equipment, the timing of which remains uncertain due to construction permitting and typical construction delays—which are outside of our control.