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Latest

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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Latest

Malls go shopping for a better future with residences, recreation, redevelopment

By   /  Friday, December 17th, 2021  /  Central Coast, East Ventura County, Latest news, Real Estate, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy, West Ventura County  /  Comments Off on Malls go shopping for a better future with residences, recreation, redevelopment

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Omicron complicates some office reopenings

By   /  Friday, December 17th, 2021  /  Central Coast, Central Coast Health Watch, Latest news, left, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Omicron complicates some office reopenings

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Latest

Unemployment drops in state and region

By   /  Friday, December 17th, 2021  /  Central Coast, East Ventura County, Latest news, right, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Unemployment drops in state and region

Unemployment in the tri-county region dropped to near pre-pandemic levels in November, at a combined rate of 4.1% for Ventura, Santa Barbara and San Luis Obispo counties, according to data released Dec. 17 by the California Employment Development Department. All three counties had significantly lower unemployment rates than the state as a whole, which reported Read More →

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Region’s airports get $8.4M in federal funds

By   /  Thursday, December 16th, 2021  /  Central Coast, Government, Latest news, left, South Coast, Top Stories, Tourism, Tri-County Economy, West Ventura County  /  Comments Off on Region’s airports get $8.4M in federal funds

The first installments of federal funding from President Joe Biden’s $1 trillion bipartisan infrastructure law are headed to the Tri-Counties, in the form of grants to upgrade the region’s airports. Following Biden’s signing of the infrastructure bill last month, the initial round of funds will deliver more than $8.4 million to airports on the Central Read More →

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Latest

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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Final member of Inogen’s founding team to leave company

By   /  Thursday, December 16th, 2021  /  Banking & Finance, Central Coast Health Watch, Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, Women Inc.  /  Comments Off on Final member of Inogen’s founding team to leave company

Ali Bauerlein, one of Inogen’s co-founders, has stepped down from her post as the company’s CFO, effective immediately on Dec. 13. According to a company news release, Mike Sergesketter has been appointed interim CFO while Inogen look to fill the position. Bauerlein will stay at Inogen in a transitional finance role through the first quarter Read More →

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