Surna posts $1M loss in Q1; tells SEC it might need to downsize operations

BOULDER — Surna Inc. (OTC: SRNA), a Boulder-based manufacturer of climate-controlled systems for the indoor cannabis-cultivation industry, on Monday, reported a loss of $1 million, or 1 cent per share, for its first quarter that ended March 31. The loss was 34 percent greater than its loss of $746,214 it reported during the same period a year ago. The company’s revenue declined 36 percent from the comparable quarter of last year, from $2.5 million to…