BOULDER, CO, May 20, 2014 (Marketwired via COMTEX) — Surna Inc. (otcqb:SRNA), a company focused on the acquisition of cannabis industry related intellectual property, disruptive technologies, assets and scalable operating companies, today announced it has been selected to present on two panels at the high profile, Colorado Cannabis Summit in Denver on Thursday, May 22nd.
The Colorado Cannabis Summit ( www.co-cannabis-summit.com ) is the first conference of its kind to specifically discuss the issues facing businesses in the legal recreational cannabis industry. With Surna acting as title sponsor, the summit features industry leaders and expert panels focused on topics such as Product Testing & Safety, Buildings & Security, and Best Practices for Human Resources, Marketing and more.
Surna Chairman and CEO, Tom Bollich, will be discussing Technology Updates for Growers. This panel of industry leaders and consultants will discuss the latest technologies in the cannabis industry and how they can lead to increased yields and lower costs.
Tae Darnell, Surna’s Vice President and General Counsel, will discuss regulations and tax updates for the legal recreational cannabis industry as part of the Regulation and Tax Update panel.
The Summit is expected to draw a large audience from around the US as well as overseas. Surna will host a tradeshow booth at the Summit for high visibility networking with prospective customers, resellers and other industry strategic allies. The Company is continuing to accept private meeting requests from Summit attendees, especially those traveling from out of state.
“We’re looking forward to a good turnout at the Summit, with the industry’s leaders as well as a large mix of startups, consultants and vendors,” said Surna VP and General Counsel Tae Darnell. “The Summit provides a fertile opportunity for discourse and growth.”
“Colorado is the US’ epicenter of the legal and regulated marijuana industry,” said Surna Chairman and CEO Tom Bollich. “This is an important conference, and we are excited Surna will be featured prominently reflecting our growing leadership position.”
About Surna Inc. Led by Tom Bollich, the visionary technologist who co-founded famed gaming company Zynga which ultimately rose to a $10 billion market valuation, Surna’s mission is to acquire intellectual property and scalable operating companies in the nascent, legal marijuana industry with a focus on disruptive technology, equipment and related support services ( www.surna.com ).
The Company represents a pure play on explosive growth in the cannabis industry, while being agnostic as to the escalating proliferation of regulated, commodity cannabis growers & sellers, winners or losers; its business model excludes the production or sale of marijuana. ArcView industry research projects the highly fragmented $2.3 billion US cannabis industry will increase over four-fold to $10.2 billion by 2018.
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.
Investor Relations Chuck Arnold 310-344-7073 Email Contact At the Company Tae Darnell VP and General Counsel (303) 993-5271 Email Contact
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