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Surna Inc. (SRNA)

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Last Post: 3/7/2021 4:27:01 PM - Followers: 234 - Board type: Free - Posts Today: 0


Phone: (303) 997-6050
Fax: (303) 995-2544

1780 55th Street, Suite A
Boulder, CO 80301


Surna Provides Energy And Water Efficient Solutions That Allow Growers To Meet The Unique Demands Of A Cannabis Cultivation Environment.

When Surna Co-Founders Brandy and Stephen Keen began growing cannabis to help medicate Stephen’s epilepsy, they became frustrated with the HVAC equipment available at the time. It was meant for comfort cooling, and they wanted something designed specifically for the challenges of indoor cannabis cultivation. In a sweltering Austin, TX garage in 2006, they built the foundation for what would grow into the Surna we are today, innovating the cannabis industry and striving for efficiency.

Now with a team of experienced engineers, technical advisors and project managers, Surna has completed over 800 cultivation projects and has been serving the cannabis industry for over a decade. Brandy Keen is proud of the partnership cultivators have found in the company she helped to build, stating, “Having started looking at mechanical designs and energy efficiencies in cultivation facilities all the way back in 2006, that was well before this industry “green rush” really happened. We made mistakes back in 2008 that other companies are just now making. So that experience and that longevity really sets us apart.”

Our experience serves to provide you with a custom design that you can rely on. Whatever your goals are, we can sit down together and create a solution:

Cultivation Products
Controlled Climate Systems

Grow Room Services
MEP Consultants
Odor Control
Installation Support


Surna joins GroAdvisor – a premier partnership of product and service providers
Our partnership of experts will help you plan and optimize a scalable growing operation. 
Industry leaders form new controlled environment agriculture partnership. 
Read the Press Release Here.


Learn More about GroAdvisor™




Market Cap Market Cap 14,428,125

Authorized Shares....350,000,000
Outstanding Shares..236,526,638
Held at DTC...............167,736,852

UPDATED 12-12-2020
SRNA SECURITY DETAILS Market Cap Market Cap 12,417,648 no change
Share Structure
Market Cap Market Cap

..Authorized Shares 350,000,000
Outstanding Shares 236,526,638
..................Restricted 46,381,484
............Unrestricted 190,145,154
.............Held at DTC 167,736,852
.........................Float 180,206,503

Par Value


Share Structure
Market Cap Market Cap 14,428,125

Authorized Shares 350,000,000

Outstanding Shares 236,526,638

Restricted 47,337,264

Unrestricted 189,189,374

Held at DTC 167,736,852

Float 180,206,503

Par Value

SRNA U.N. Reclassifies Cannabis as a Less Dangerous Drug
A United Nations commission voted to remove marijuana for medical use from a list of the most risky narcotics, such as heroin.

SRNA Surna Inc. Is Well On It’s Way To Being A Prime Turnaround Story In 2021

Early last month, Surna Inc. (OTCQB: SRNA) announced third quarter operating and financial results for the period that ended on September 30th.
Due to the improvements that were made to the company’s balance sheet during the quarter, we were surprised by the muted response from the market.

At current levels, Surna is valued at approx. $5 million on a market capitalization basis. As of September 30th,
the company reported to have more than $2 million of cash on the balance sheet.
Surna ended 2019 with less than $1 million of cash on the balance sheet and we are favorable on the actions that have been taken to strengthen it.

During the third quarter, Surna reported to have generated $1,635,000 of revenue.
Although this number is substantially lower than the amount of revenue that was reported in the third quarter of 2019,
the company recorded margin expansion and we are favorable on this metric.

Over the next year, we expect Surna to benefit from the launch of new state-of-the-art products.
The company has been focused on expanding its portfolio of products and services and we expect this to serve as a growth driver in the near and long-term.
In a post-COVID market, we have seen a spike in increased demand for cannabis and expect Surna to record higher sales as a result of this trend.

As it relates the types of clients that Surna works with, we have noticed a shift from Canada to the US. In 2019,
most of the company’s revenue was from Canadian companies. So far this year, the company has seen a change in its customer profile and has seen an increase in sales to US companies.

In 2021, we expect Surna’s sales to be even more weighted to the US market and are bullish on the potential that is associated with this burgeoning market.
Based on the performance of other ancillary cannabis companies, we are surprised by the market’s lack of interest in Surna.
We are of the opinion that the market is missing out on something with Surna and find the valuation disparity when compared to other ancillary cannabis companies to be attractive.

From a profitability standpoint, Surna has been impacted by the COVID pandemic and we expect the trend to be transitory.
A highlight from the quarter is related to how the management team has executed on a disciplined cash management strategy and we are favorable on this aspect of the story.

The strength of Surna’s management team has played an important role in how the business has turned around.
The COVID pandemic created a significant headwind for Surna and we are favorable on how the management team has navigated through choppy waters.
Going forward, we believe that Surna is well positioned to be a beneficiary of the new White House administration and is an opportunity to be aware of.

The name of the game for Surna is execution and we believe the company has the resources and the human capital that are needed to be successful.
We expect 2021 to be a banner year for the business and will monitor how the Surna story continues to evolve.

If you are interested in learning more about how Surna is positioned to capitalize on the ancillary cannabis industry,
please send an email to support@technical420.com with the subject “Surna” to be added to our distribution list.


Surna Reports Q4 2019 and Full Year Results Press Release | 03/24/2020
Surna Issues Shareholder Letter and Announces Q4 2019 Earnings Press Release | 02/25/2020
Surna SignsContracts for New Monitoring and Controls Systems Press Release | 02/11/2020

Surna Reports Record $5.5 Million in Quarterly Revenue in Q3 2019 and Its Second Consecutive Profitable QuarterPress Release | 11/12/2019
Surna Introduces its IsoStream™ Fan Coil Product FamilyPress Release | 08/27/2019
Surna Reports Q1 2019 ResultsPress Release | 05/13/2019

Cup Breakout WIT *W* FORMATION $SRNA [-chart]www.stockscores.com/chart.asp?TickerSymbol= SRNA&TimeRange=950&Interval=d&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&avgType1=&movAvg1=&avgType2=&movAvg2=&candles=redgreen[/chart]


$SRNA https://www.otcmarkets.com/stock/SRNA/disclosure



UPDATED 12-12-2020

SRNA SECURITY DETAILS Market Cap Market Cap 12,417,648 no change
Share Structure
Market Cap Market Cap

..Authorized Shares 350,000,000
Outstanding Shares 236,526,638
..................Restricted 46,381,484
............Unrestricted 190,145,154
.............Held at DTC 167,736,852
.........................Float 180,206,503

Par Value

SRNA SECURITY DETAILS Market Cap Market Cap 9,461,066
Share Structure
Market Cap Market Cap
Authorized Shares 350,000,000
Outstanding Shares 236,526,638
Restricted 46,381,484
Unrestricted 190,145,154
Held at DTC 167,736,852
180,206,503  03/23/2020
Par Value




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Current Price
Bid Ask Day's Range
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SRNA News: Current Report Filing (8-k) 12/15/2020 04:01:53 PM
SRNA News: Current Report Filing (8-k) 11/12/2020 04:01:25 PM
SRNA News: Quarterly Report (10-q) 11/12/2020 09:01:47 AM
#12026  Sticky Note My DD, spread the word: avlnco 02/22/21 11:28:32 PM
#11616  Sticky Note $SRNA SECURITY DETAILS Market Cap Market Cap 12,417,648 mick 01/07/21 09:51:09 AM
#12148   from a little over a year ago... goodgodyall 03/07/21 04:27:01 PM
#12147   do the math. wildhorses1 03/06/21 10:31:38 AM
#12146   This was on the second run-up. The Valuepeanuts 03/06/21 09:52:42 AM
#12145   So you also think Surna is overvalued at Valuepeanuts 03/06/21 09:49:56 AM
#12144   A $1.? What about 3 years from now.? TexasCox 03/06/21 07:50:55 AM
#12143   Dang bud you left a lot of meat entrepreneur61590 03/06/21 12:23:31 AM
#12142   Strong volume for a Friday. Looking for a Mortimer Randolph 03/05/21 03:40:11 PM
#12141   https://www.marijuanamoment.net/schumer-lists-cannabis-as-dem-priority-newslette DarekSM 03/05/21 02:41:13 PM
#12140   Sold all mine at .15 with a 500% Valuepeanuts 03/05/21 01:16:56 PM
#12139   lol, totally agree Plan9FromOuterSpace 03/05/21 01:00:40 PM
#12138   Just gotta shake out some panic sellers. entrepreneur61590 03/05/21 12:49:51 PM
#12137   Just accumulate and hold! DarekSM 03/05/21 11:40:06 AM
#12136   if I had the balls sell all my shares. wildhorses1 03/05/21 11:11:16 AM
#12135   Best advice, is probably just ride it out Plan9FromOuterSpace 03/05/21 10:55:03 AM
#12134   HOW?? Keeps going down on just about no volume. wildhorses1 03/05/21 10:46:42 AM
#12133   don't know what's going on, so bought more :) Plan9FromOuterSpace 03/05/21 10:34:17 AM
#12132   Jesus my god... unreal MasterYoda 03/05/21 10:28:37 AM
#12131   There will be huge changes all year - Bluejay333 03/04/21 10:39:53 PM
#12130   Even Safe Banking Act only has 60% chance SavageWest 03/04/21 10:15:19 PM
#12129   Cannabis banking (SAFE Bank Act) and cannabis reform Bluejay333 03/04/21 09:29:54 PM
#12128   I don't believe it will go much lower Whoisit 03/04/21 05:21:34 PM
#12127   Emailed the company requesting a specific earnings date. nunaka 03/04/21 04:31:46 PM
#12126   Accumulate and hold, then at these levels! DarekSM 03/04/21 04:14:54 PM
#12125   Til then... SavageWest 03/04/21 03:45:03 PM
#12124   With legalization imminent, there will be plenty more entrepreneur61590 03/04/21 03:25:27 PM
#12123   All that’s left in my MJ plays are SavageWest 03/04/21 03:21:49 PM
#12122   That is not quite what is going on, Valuepeanuts 03/04/21 02:42:42 PM
#12121   Not even discrete. worldisfullofDerps 03/04/21 10:41:19 AM
#12120   Theyre pushing it lower to grab some more entrepreneur61590 03/04/21 10:26:00 AM
#12119   There are a variety of ways to value Mortimer Randolph 03/04/21 10:01:19 AM
#12118   It is possibly a little undervalued, but not Valuepeanuts 03/04/21 08:51:08 AM
#12117   Surna is still undervalued even by 2020 standards entrepreneur61590 03/04/21 08:20:48 AM
#12116   "As for full year earnings, I think that’s Valuepeanuts 03/04/21 07:27:37 AM
#12115   The next catalyst for SRNA is up to SavageWest 03/03/21 10:31:21 PM
#12114   Q4 earnings should be at least $2.8mil, as avlnco 03/03/21 08:48:42 PM
#12113   https://www.marijuanamoment.net/chuck-schumer-says-federal-marijuana-legalizatio DarekSM 03/03/21 08:31:27 PM
#12112   Agreed. I will wait to buy until Valuepeanuts 03/03/21 07:07:44 PM
#12111   Still held above support entrepreneur61590 03/03/21 06:53:38 PM
#12110   That's why I use alerts instead of stops. nunaka 03/03/21 03:20:21 PM
#12109   Yet there’s another 280k ready to dump at SavageWest 03/03/21 03:09:57 PM
#12108   https://mjbizdaily.com/terra-tech-acquires-marijuana-competitor-unrivaled-in-all DarekSM 03/03/21 02:20:25 PM
#12107   Followed the sector, retested support at .08 and avlnco 03/03/21 02:01:12 PM
#12106   Bad day for weed stocks across the board, Aliquot 03/03/21 01:31:46 PM
#12105   Same lol... my buddy tried loading another 300k MasterYoda 03/03/21 01:10:51 PM
#12104   I took the opportunity to add more lol entrepreneur61590 03/03/21 01:10:09 PM
#12103   Someone just dumped their shares to try and MasterYoda 03/03/21 12:59:15 PM
#12102   Bottom fell out for whatever reason entrepreneur61590 03/03/21 12:54:10 PM
#12101   Can’t wait! Mortimer Randolph 03/03/21 10:59:09 AM
#12100   Good morning all! SRNA earnings soon MasterYoda 03/03/21 09:28:06 AM
#12099   https://www.marijuanamoment.net/chuck-schumer-says-federal-marijuana-legalizatio DarekSM 03/02/21 05:23:58 PM
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