Surna, Inc. and Agrisoft Agree on a New Structure for Their Relationship

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BOULDER, Colo., Jun. 25, 2015 /PRNewswire/ -- Surna, Inc. (SRNA), a technology company that engineers state-of-the art equipment for controlled environment agriculture ("CEA") with special expertise in cannabis cultivation, announced today they had reached an Agreement with Kind Agrisoft, LLC, an affiliate of Kind Financial (collectively "Kind") in which Kind will acquire the Assets of  Agrisoft Development Group ("Agrisoft").

 

In January, Surna announced that it had entered into an agreement to acquire a controlling interest in Agrisoft, but the continued growth of its current business combined with the strategic assets that Kind could bring to Agrisoft led all parties to conclude that this transaction would better achieve each company's goals. For complete details on this transaction please refer to Surna's recently filed 8K.

Surna expects this Agreement to provide flexibility for Surna to work with multiple point-of-sale vendors.

"We believe infrastructure and monitoring will be a critical...

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http://finance.yahoo.com/news/surna-inc-agrisoft-agree-structure-123000298.html