CEA Industries Inc. (Nasdaq: CEAD), based in Louisville, has enlisted Nicholas Etten to lead an exploration into potential mergers, acquisitions, or strategic alternatives. The company, which specializes in controlled-agriculture solutions for the cannabis industry, aims to enhance shareholder value through this initiative. Etten, who will serve as a director, brings a wealth of experience in corporate development and investment banking across various industries. His role encompasses transaction sourcing and evaluation, supported with a month-to-month consulting agreement, remunerated at $2,500 per week for up to 40 hours per month. This move follows an August 2023 announcement from the company regarding its intent to explore strategic options to safeguard and maximize shareholder value.

Agriculture Technology, Cannabis, Mergers and Acquisitions,United States