Glass House reports revenue growth but more losses as it converts massive Camarillo greenhouses
Glass House Brands, a cannabis grower in Santa Barbara and Ventura counties and retailer and wholesaler statewide, saw both its revenue and net losses grow in the third quarter. Glass House, which has its headquarters in Long Beach but most of its operations on the Central Coast, delivered revenue of $17.2 million in the third Read More →
Dubroff: Agromin is all action, little talk on reducing waste and emissions
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Our View: Alisal Fire a reminder of need for insurance reforms
The Alisal Fire in Santa Barbara County is big and nasty, and it has proven to be hard to contain. As the Business Times went to press on Oct. 13, it had consumed 15,000 acres and Highway 101 was shut northwest of Goleta. (The highway reopened Oct. 15.) So far, the Alisal Fire has lacked Read More →
Calavo shares down amid turnover and uncertainty
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New funding round values Apeel Sciences at $2B
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Cannabis company closes purchase of former Houweling’s Tomatoes greenhouses
Glass House Brands, a publicly traded cannabis company, has closed its purchase of the former Houweling’s Tomatoes property near Camarillo. The 160-acre property has six greenhouses that total 5.5 million square feet. Glass House bought it for $93 million in cash, plus stock considerations, the company said in a Sept. 15 news release. The closing Read More →
Revenue down but earnings up at Limoneira
Limoneira delivered a small earnings beat when the company announced its fiscal results for the third quarter of 2021. Limoneira had released preliminary results Aug. 24 highlighting strong fresh lemon utilization, which helped offset a smaller-than-expected avocado output. According to the audited results, released Sept. 8, Limoneira generated $49.1 million in revenue in the third Read More →
