Surna Inc (OTC: SRNA) is regarded as one of the major players in the CEA (controlled environment agriculture) space but over the past couple of weeks, the company’s stock has tanked considerably.
During that period, the stock has gone down by as low as 50% amidst considerable selloff from investors. The selloff might be related to an announcement made by the company on March 16 and it might be a good idea for investors to take a closer look.
The company announced a new partnership with fellow CEA company Anden. By way of the above-mentioned partnership, the two companies are going to work together in order to produce high-class dehumidification solutions for the industry at large. The partnership will look to tap into the considerable capabilities of both Surna and Anden in this particular space. While the partnership may prove to be a highly fruitful one, it seems that investors have not actually welcomed it with much gusto.
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Anthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.