CEA Industries Inc. (NasdaqCM:CEAD) is looking for mergers and acquisitions (M&A). Anthony McDonald, Chairman and Chief Executive Officer said, "With a strong balance sheet in hand, we have the ability to be patient and diligent in our pursuit of M&A opportunities. The macro environment has certainly presented its share of challenges.

However, it also provides us with the opportunity to acquire accretive businesses at attractive multiples, which will only strengthen our financial profile and position us to accelerate growth and profitability in the quarters ahead".