BOULDER, Colorado, November 11, 2015 /PRNewswire/ --
Surna, Inc. (OTCQB: SRNA), a technology company that engineers state-of-the art equipment for controlled environment agriculture with special expertise in cannabis cultivation, announced today that its Board of Directors has appointed Trent Doucet as its Chief Operating Officer.
Doucet has been an entrepreneur and management consultant in the technology industry since 1999. His fields of experience span from technology disciplines such as hosted software, cloud computing and managed IT services, to industries including aviation and manufacturing environmentally-friendly consumer products.
Doucet has founded several companies including Primus Networks, Inc., which was acquired in 2011 by mindSHIFT Technologies, a leading managed IT service provider. Doucet joined mindSHIFT as VP and Managing Director, where he was responsible for revenue growth in mindSHIFT's strategic services group.
"I am excited to welcome Trent to the team," said Stephen Keen, Surna's CEO. "His experience building profitable companies at the executive level will be key to Surna's future growth. Indeed, he has already been instrumental in helping us develop additional revenue streams and increase our gross margins in his short time as an outside consultant. His role will help us meet the many challenges that come with the growth and success we have seen and expect to experience in the future."
As COO, Doucet will plan, direct, and coordinate the operations of Surna, managing daily operations and executing full responsibility for, and oversight of, all of Surna's programs.
"Surna is in an incredible position to make history in the controlled environment agriculture space. The company has been working hard to establish and maintain its reputation as a leader in cultivation technology and innovation," Doucet said. "I'm truly excited to be a part of Surna's leadership team."
Surna, Inc. (http://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 shut-downs.
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SOURCE Surna Inc.