CEA Industries registers $18M stock offering

LOUISVILLE — CEA Industries Inc. .(OTCQB: SRNA), a manufacturer of growhouse equipment for controlled-environment agriculture that was formerly known as Surna Inc., is seeking to raise just over $18.3 million through a new stock offering, the company disclosed this week to the U.S. Securities and Exchange Commission.

“Historically, our revenue stream is derived primarily from supplying our products, services and technologies to commercial indoor facilities that grow cannabis,” the company said in its S-1 filing. “However, we have served facilities growing other crops and we intend to pursue such additional CEA verticals.”

The funds raised through the stock offering will help provide…