Stephen Keen, the CEO of Boulder-based Surna, Inc. (OTC: SRNA), spoke at the National Cannabis Summit in Denver on October 12th.  Keen, who merged Hydro Innovations, which he founded with his wife Brandy, into Surna in 2014, was recently promoted to CEO from VP of R&D. The presentation, “Climate Control and Technology Trends for Cultivation,” touched upon the importance of climate control and contrasted Surna’s “process cooling” with traditional “comfort cooling.”  Keen explained the advantages of the company’s chillers relative to traditional HVAC.

While Surna’s robust sales ($2.5mm in the first half of 2015) have been generated from its HVAC products, Keen suggested that its reflector technology will be a big driver of future growth.  The company offers three different models, including water-cooled, vented and forced-air, and the bottom-line is more light produced that is more focused on the plants than using other technologies.  Keen also shared his vision of the Surna Hybrid, a growing room that takes the best of both indoor and greenhouse technology.  Keen discussed Surna’s interest in LED technology and automation as well.

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Exclusive article by Alan Brochstein, CFA

Based in Houston, Alan leverages his experience as founder of online community 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email