Surna Announces New Organic Growth Strategy


<![CDATA[BOULDER, Colo., May 04, 2021 – PRESS RELEASE – Surna Inc. (OTCQB: SRNA), a leader in controlled environment agriculture (CEA) systems engineering and technologies, is excited to announce the company’s updated organic growth strategy. This revised strategy expands the company’s products and services within the indoor cannabis cultivation market and also brings these offerings to the rapidly growing indoor food production environments.“Today we are announcing substantial changes to our organic growth strategy, which can be summarized as new markets, new products and services, and new trade name,” Surna Chairman and CEO Tony McDonald said. “New markets is who we seek to serve, including the broader CEA market. New products and services is what we will bring to our customers, which will now include most of the technical infrastructure and services required in an indoor cultivation facility. And our new trade name brands us more accurately and makes us easier to find. “We are confident these initiatives will allow us to better serve our customers, accelerate the growth we have experienced in the recent past and position us to continue our organic growth. We look forward to serving more customers in the future, as well as to achieving profitable growth of the company.”The major components of the updated strategy include:New Markets: Surna will continue to serve its cannabis cultivation customers while also bringing its products and services to the broader CEA market, including the rapidly growing vertical farming market. The company’s existing expertise and equipment offerings can be readily applied in these facilities, and Surna has previously served several such facilities. In the first quarter of 2021 the company entered into a contract with a non-cannabis CEA facility, and the company’s reputation and brand recognition is such that developers of these facilities reach out to Surna directly.New Products and Services: Surna has historically…

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Source : Surna Announces New Organic Growth Strategy

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