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2021: The Year In Review

By   /  Friday, December 31st, 2021  /  Banking & Finance, Biotech, Central Coast, Central Coast Health Watch, Latest news, Technology, Top Stories, Tri-County Economy  /  No Comments

The Dec. 31 print edition of the Pacific Coast Business Times marks our annual Year In Review, featuring the biggest and best stories we published in 2021. Here is a look through our archives at the past year, a year marked by big deals, economic recovery and public health victories, but also by recurring waves Read More →

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Amgen’s new asthma treatment gets FDA approval

By   /  Wednesday, December 22nd, 2021  /  Banking & Finance, Biotech, Central Coast Health Watch, East Ventura County, Latest news, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen’s new asthma treatment gets FDA approval

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Region’s venture capital topped $1.7B in 2021

By   /  Wednesday, December 22nd, 2021  /  Banking & Finance, Central Coast, East Ventura County, Latest news, left, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Region’s venture capital topped $1.7B in 2021

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Mission Produce shares down after earnings release

By   /  Wednesday, December 22nd, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mission Produce shares down after earnings release

Mission Produce’s stock tumbled 10% after the markets closed Dec. 22, after the Oxnard-based avocado distributor released its financial results for the fourth quarter of 2021 and missed analysts’ expectations. Mission Produce generated revenue of $237 million in the fourth quarter of 2021, a 15% increase from the same period a year ago. But, according Read More →

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Calavo hires new CEO

By   /  Wednesday, December 22nd, 2021  /  Agribusiness, Banking & Finance, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo hires new CEO

Calavo Growers, a Santa Paula-based distributor of avocados and other produce, has hired a new CEO, after a period of instability that saw three permanent or interim leaders hold the job since early 2020. The new CEO, effective Feb. 1, is Brian Kocher, Calavo said in a Dec. 22 news release. He will take over Read More →

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Calavo reports net loss, but revenue growth

By   /  Monday, December 20th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo reports net loss, but revenue growth

Santa Paula-based Calavo Growers saw revenue increase year-over-year in the fourth quarter of 2021, and despite a net loss for the quarter, the company beat analysts’ expectations. Calavo, an avocado distributor, delivered revenue worth $273.4 million for the quarter ended Oct. 31, a 17% increase from the same quarter a year ago. The company did Read More →

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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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