Agribusiness  June 25, 2015

Boulder cannabis tech company Surna nixes acquisition of Agrisoft

BOULDER — Cannabis technology company Surna Inc. (OTCQB: SRNA) announced on Thursday that its January deal to acquire a majority interest in Kansas City-based Agrisoft Development Group won’t be completed.

That’s because Surna has reached a deal with an affiliate of Los Angeles-based Kind Financial to purchase the assets of Agrisoft instead.

Surna, which employs about 35 people at its east Boulder headquarters, is developing technology for plant monitoring to improve the energy and resource efficiency at cannabis cultivation facilities. Agrisoft has developed a cloud-based software suite for cannabis dispensaries, cultivation sites and processors of…

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