marijuana stocks

Surna, Inc. Continues to Expand its Intellectual Property Estate with the Filing of Two More Patent Applications

Surna, Inc. (SRNA), a technology company that engineers state-of-the art equipment for controlled environment agriculture (“CEA”) with special expertise in cannabis cultivation, announced today the filing of two additional patent applications with the U.S. Patent and Trademark Office (“USPTO”).

The two applications describe critical components of the Company’s innovative hybrid growing facility, which is currently in development. These are the first patent applications Surna has submitted to the USPTO that cover its turnkey hybrid facility concept.

Surna now has 11 patent applications with the USPTO, consisting of three patent estates. The three patent estates include three applications that cover its liquid cooling platform, six patent applications that cover its Reflector and two patent applications concerning the hybrid facility program.

The turnkey hybrid facility further enhances Surna’s growing product line of technologies designed to improve efficiencies for cannabis cultivation and controlled environment agriculture (“CEA”). The building combines the most beneficial elements of indoor and greenhouse cultivation, and aims to provide the most controlled, cost effective, energy efficient, high yielding cultivation solution available.

Most similar facilities are basic designs with minimal use of technology. Surna has leveraged its engineering expertise to develop a grow facility that is a leap forward in technology. Surna’s recently filed patent applications protect preliminary designs that provide novel solutions to heating and cooling, supplemental lighting and other environmental control.

“Our hybrid grow facility will be a highly energy efficient and state-of-the-art indoor cultivation facility. It is the most advanced turnkey building technology introduced to the cannabis market. The technology behind these patent applications will allow us to provide a differentiated product that will result in maximized yields and production at the lowest possible cost,” stated Stephen Keen, Surna’s Vice President of R&D.

About Surna, Inc.:

Surna, Inc. (www.surna.com) develops innovative technologies and products that monitor, control and or address the energy and resource intensive nature of indoor cannabis cultivation. Currently, the Company’s revenue stream is based on its main product offerings – supplying industrial technology and products to commercial indoor cannabis grow facilities.

Headquartered in Boulder, CO, Surna’s diverse engineering team is tasked with creating novel energy and resource efficient solutions, including the Company’s signature water-cooled climate control platform. The Company’s engineers continuously seek to create technology that solve the highly specific demands of the cannabis industry for temperature, humidity, light and process control.

Surna’s goal is to provide intelligent solutions to improve the quality, the control and the overall yield and efficiency of CEA. Though its clients do, the Company neither produces nor sells cannabis.

Safe Harbor Statement

This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company’s Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as “may,” “should,” “expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan” and other similar expressions. Our actual results, such as the Company’s ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

Statement About Cannabis Markets

The use, possession, cultivation, and distribution of cannabis is prohibited by federal law. This includes medical and recreational cannabis. Although certain states have legalized medical and recreational cannabis, companies and individuals involved in the sector are still at risk of being prosecuted by federal authorities. Further, the landscape in the cannabis industry changes rapidly. What was the law last week is not the law today and what is the law today may not be the law next week. This means that at any time the city, county, or state where cannabis is permitted can change the current laws and/or the federal government can supersede those laws and take prosecutorial action. Given the uncertain legal nature of the cannabis industry, it is imperative that investors understand that the cannabis industry is a high-risk investment. A change in the current laws or enforcement policy can negatively affect the status and operation of our business, require additional fees, stricter operational guidelines and unanticipated shutdowns.

At the Company
David Traylor
Chief Business Officer
+1-(303)993-5271
david.traylor@surna.com

Investor Relations
David Kugelman
Atlanta Capital Partners, LLC
+1-(404)856-9157
1-(866)692-6847 Toll Free – U.S. And Canada


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
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