Image of young pot plants
BOULDER, CO — Surna Inc. (OTCQB: SRNA), an engineering, manufacturing, and installation company specializing in commercial indoor cannabis cultivation technology, announced today it has finalized an exclusive $1.1 million contract to design, build and install the climate control systems for grower CWNevada.
~
CWNevada is one of the largest indoor cannabis cultivation facilities in Las Vegas, and was recently granted a Nevada grow license as the state prepares its infrastructure for the growth and distribution of legal medical marijuana in 2015. The Company’s 48,000 square-foot facility requires more than 700 tons of cooling equipment. Surna will provide CWNevada with their proprietary climate control technology which lends greater latitude and precision to the cultivation process while improving energy efficiency.
 
“The CWNevada contract will allow Surna to further demonstrate the efficiency and necessity of our cultivation technology,” said Tom Bollich, Surna’s Chief Executive Officer. “Indoor cannabis cultivation is more technically demanding than most people realize. The slightest deviation in temperature, timing, or light spectrum dramatically impacts the quality of the subject plant. Surna’s technology uses less power and stabilizes certain growth factors so indoor growers can consistently provide quality cannabis at a reduced cost. We believe our product line to be essential to the industry, so we are strategically moving forward to establish similar contracts with other large commercial indoor growers throughout North America,” Bollich said.
 
Revenue from the contract will be recognized throughout 2015 subject to start-date modification by CWNevada.
 
Surna management believes that CWNevada has the potential to become one of the top cultivators in Nevada once equipped with Surna’s chillers.
 
“We will grow Charlotte’s Web for patients with intractable epilepsy,” said Brian Padgett, Principal at CWNevada.  “These patients and their families are counting on us to grow the medicine they need on time, every time so there is no shortage of supply.  After researching every available option, we chose Surna for our air cooling needs. Any savings we achieve pertaining to energy costs can be subsequently passed on to the consumer. Selecting Surna was the obvious, logical choice,” added Tim Smits, Principal at CWNevada.
 
On November 3, 2014, the state of Nevada issued 182 provisional licenses to medical marijuana cultivation facilities, 13 of which are located in Las Vegas. Nevada is one of 23 key states to permit the regulated cultivation and distribution of medical marijuana. Sales are slated to begin in early 2015.
 
By Press Release ~ January 13, 2015 ~ The Daily Chronic
 
~

Recent News Articles

Tuesday May 21

Poll: Most of Illinois says marijuana should be legal - Cannabis News

in Politics

by Bruce Kennedy - Editor in Chief

A new poll by Global Strategy Group on behalf of Think Big Illinois, says a…

929 hits

Tuesday May 21

New Report Says US Cannabis Market Could Hit $22.7B By 2023 - Cannabis News

in Finance

by Bruce Kennedy - Editor in Chief

A new report projects the cannabis market in the United States will reach $22.7 billion…

1100 hits

Tuesday May 21

We May Finally Know Where the Cannabis Plant Originated - Cannabis News

in Science

by Bruce Kennedy - Editor in Chief

Cannabis may have originated high on the Tibetan Plateau, according to an analysis of fossil…

1332 hits

Tuesday May 21

NFL, NFLPA will reportedly study marijuana as potential pain-management tool for players - Cannabis News

in Sports

by Bruce Kennedy - Editor in Chief

With talks of a new collective bargaining agreement underway, the NFL and NFL Players Association…

1385 hits

Wednesday May 22

Marijuana sales east of Mississippi poised to rival western markets - Cannabis News

in Finance

by Bruce Kennedy - Editor in Chief

The cannabis industry in the United States has long been centered around such states as…

1063 hits