Biden’s announcement has region’s cannabis companies seeing green
Glass House Brands purchased Houweling’s Tomatoes greenhouses in Camarillo with the hopes of growing and selling cannabis not just for the state of California, but for the entire country. After president Joe Biden’s announcement on multiple cannabis issues Oct. 6, including potentially removing the drug from the most restrictive tier of federal controls, that hope Read More →
Santa Barbara, Ventura to keep streets closed, outdoor dining open through at least 2024
Lower State Street will remain closed to vehicle traffic for at least two more years, and restaurants will likely start paying for their outdoor dining “parklets,” according to new requirements recently adopted by the Santa Barbara City Council. In the tri-county area, only the cities of Santa Barbara and Ventura have left their main downtown Read More →
In the region and the nation, women get a tiny share of venture capital dollars
When Haley Pavone, the founder of San Luis Obispo-based Pashion Footwear, pitches to investors, hoping to gain new capital to scale her already successful business, she usually has one obstacle: convincing men to see the same need in the market she sees. Pashion Footwear makes convertible heels — shoes with removable heels so they can Read More →
Region’s farmers leave more land unfarmed as drought deepens
Cilantro isn’t a huge moneymaker for Will Terry, the vice president at Terry Farms in Ventura County, but it is a quick crop that he can grow in the summer months and turn a small profit on. But, due to the ongoing drought exacerbated by limited groundwater allocation rights, growers like Terry have to make Read More →
Six years after legalization, cannabis black market still thriving
When California legalized cannabis for recreational use in 2016, the idea was to create a new legal industry and eliminate an illegal one. Instead, the illicit market continues to have a stronghold in California, as legal growers struggle to turn a profit amid high taxes and strict regulations, and state and local governments often fail Read More →
Santa Barbara password security firm raises $100M in venture capital
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As working from home becomes new norm, companies look to sublease surplus space
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