SRNA $3.80 Surna Issues Special Letter to Sharehol
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BOULDER, CO–(Marketwired – Apr 24, 2014) – Surna Inc. (OTCQB: SRNA), today issued the following Special Letter to Shareholders from its Chairman and Chief Executive Officer Tom Bollich.
Dear Shareholder:
Surna’s recent transition to an active, publicly traded company in the heart of the cannabis industry was a major milestone for our company. I would like to welcome all of our new shareholders, and take this opportunity to discuss our position, strategy and goals for the next twelve months.
Surna’s mission is to develop, produce and sell equipment for the nascent, $2.3 billion legal marijuana industry with a focus on disruptive technology, equipment and related support services.
Our Company represents a pure play on the cannabis industry, while we are agnostic as to the proliferation of regulated, commodity cannabis growers & sellers, winners or losers; Surna’s business model excludes the production or sale of marijuana. Yet all of these growers must purchase lights, climate and dehumidification systems, nutrients, and much more to participate and compete.
Fueled by powerful trends of increasing states’ legislation favoring regulated medical and recreational marijuana markets, industry analysts project the highly fragmented $2.3 billion US legal cannabis industry will increase over four-fold to $10.2 billion by 2018. I believe those analysts’ forecasts are quite conservative.
Surna is acquisitive, and our long term goal is to anchor this company by dominating the infrastructure, growing and support side of the global cannabis industry. By aggregating advanced technologies, IP and scalable operating companies to bring new technology to the cannabis marketplace while contributing to its dramatic growth, we advance our potential to enter other highly profitable sectors with a core base in a growth industry.