- CEO
- Anthony K. McDonald
- Full Time Employees
- 6
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- Address
- 385 South Pierce Avenue Louisville CO United States of America 80027
- IPO Date
- Jul 23, 2014
- Business
- CEA Industries Inc. (NASDAQ: BNC, BNCWW), formerly known as Surna Inc. and operating under tickers CEAD and VAPE, designs, engineers and sells environmental control technologies and services to the controlled environment agriculture (CEA) industry, while pursuing a diversified strategy encompassing regulated consumer markets including nicotine vaping products and digital asset treasury management; its core offerings through subsidiary Surna Cultivation Technologies LLC include architectural design and licensed mechanical, electrical and plumbing engineering for commercial-scale cultivation facilities, liquid-based process cooling and climate control systems, air handling equipment, LED lighting, benching and racking solutions, automation and control systems for environmental, lighting and climate applications, as well as preventive maintenance services for CEA growers; through its Fat Panda operating unit, the company retails and manufactures e-cigarettes, vape devices and e-liquids, holding over 50% market share in central Canada via 33 retail locations, e-commerce and in-house production of house-brand and white-label products. The company, founded in 2007 and headquartered in Louisville, Colorado, serves commercial and regulated CEA growers in the United States, Canada and internationally, with recent strategic shifts including the February 2025 agreement to acquire Fat Panda Ltd. for CAD $18 million (USD $12.6 million) in cash, common shares and debt to expand vaping operations, a June 2025 ticker change to VAPE reflecting focus on the vaping sector, an August 2025 rebrand and ticker change to BNC aligning with its BNB Chain ecosystem participation, ongoing expansion of its BNB digital asset treasury through significant purchases such as 38,888 tokens and a potential $1.25 billion financing package, and a disciplined approach to long-term value creation amid activist pressures for restructuring in late 2025.