A Colorado-based company just announced that it signed a $3.4-million contract with Aeriz Holdings Corporation, one of the largest contracts in the company’s history. Traders were optimistic on this news as shares of Surna Inc. (OTCQB:SRNA) rallied strongly on the news.
Surna designs, engineers and manufactures application-specific environmental control and air sanitation systems for commercial, state and provincial-regulated indoor cannabis cultivation facilities in the U.S. and Canada. Its engineering and technical team provides energy and water-efficient solutions that allow growers to meet demands of an indoor cannabis cultivation environment through precise temperature, humidity, and process controls and to satisfy the evolving code and regulatory requirements at the state, provincial and local levels.
As mentioned before, traders were bullish on the news as shares popped to $0.5375/share (+45.27%) at the session high. This move it the first sign of life from this micro cap in about a month as shares were trading in a slightly downtrending trading range.
