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Glass House buys edibles brand for $26M

By   /  Monday, December 20th, 2021  /  Agribusiness, Banking & Finance, Latest news, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Glass House buys edibles brand for $26M

Glass House Brands, a cannabis grower and retailer with its chief operations in Santa Barbara and Ventura counties, is buying one of California’s leading brands of edible cannabis in a deal worth $25.6 million in stock and debt-financed cash. Plus Products was the No. 4 brand of edibles ranked by sales in the third quarter Read More →

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Glass House secures loan of up to $100M to retrofit Camarillo greenhouses for cannabis

By   /  Thursday, December 16th, 2021  /  Agribusiness, Banking & Finance, Latest news, right, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Glass House secures loan of up to $100M to retrofit Camarillo greenhouses for cannabis

A few months after purchasing the Houweling’s Tomatoes property in Camarillo, cannabis grower Glass House Group has secured the funding necessary to upgrade the greenhouse facility. Glass House announced Dec. 13 it has acquired a senior secured term loan agreement with a U.S.-based private credit investment fund for up to $100 million, with an initial Read More →

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Dole shares down after earnings drop

By   /  Friday, December 3rd, 2021  /  Agribusiness, Banking & Finance, Earnings, East Ventura County, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Dole shares down after earnings drop

Westlake Village-based Dole saw its stock fall 2.5% on Dec. 3 after the company revealed a big dip in earnings for the third quarter of fiscal year 2021-22. Dole, which is dually based in Westlake Village and Ireland and is one of the largest fruit and vegetable producers in the world, saw adjusted net income Read More →

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Cal Poly uncorks new wine center

By   /  Friday, December 3rd, 2021  /  Agribusiness, Central Coast, Education, Latest news, middle, Subscriber content, Top Stories, Tri-County Economy, Wine & Viticulture  /  Comments Off on Cal Poly uncorks new wine center

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Street Smarts: New farmworker study gets $50K government grant

By   /  Friday, December 3rd, 2021  /  Agribusiness, Columns, Latest news  /  Comments Off on Street Smarts: New farmworker study gets $50K government grant

The nonprofit House Farm Workers! has received a $50,000 grant from the Southern California Association of Governments to conduct an in-depth study of Ventura County’s estimated 36,000 farmworkers. The study, the first of its kind in nearly two decades, seeks to shine “a light specifically on local housing needs for this vulnerable yet essential population,” Read More →

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The next big thing in wine might be nonalcoholic

By   /  Friday, November 19th, 2021  /  Agribusiness, Central Coast, Latest news, Subscriber content, Top Stories, Top Story, Tri-County Economy, Wine & Viticulture  /  Comments Off on The next big thing in wine might be nonalcoholic

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Glass House reports revenue growth but more losses as it converts massive Camarillo greenhouses

By   /  Thursday, November 11th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on 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 →

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