Strategic Environmental & Energy Resources, Inc. (SEER)announced that it has entered into an agreement to consolidate the North American medical waste market under PSMW. PSMW has been one of SEER's JV medical waste treatment partners operating in Texas since 2019. After exploring funding options to roll out medical waste treatment facilities on the west coast, it became apparent to all parties that consolidating operations was the best way to proceed in order to most efficiently commence growth strategies and national operations.

SEER will nearly triple its equity in the consolidated entity to approximately 30% and retain all of its original equity in Paragon Waste Solution, LLC, SEER's majority-owned entity (Paragon).