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Jay-Z’s cannabis company buys Santa Barbara dispensary operator

By   /  Friday, October 8th, 2021  /  Central Coast, Latest news, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Jay-Z’s cannabis company buys Santa Barbara dispensary operator

Coastal Holdings Company, a Santa Barbara-based cannabis dispensary and delivery operator, was purchased by The Parent Company, a publicly traded cannabis firm backed by the rapper Jay-Z, in a deal worth as much as $56.2 million. According to details of the transaction, which The Parent Company announced Oct. 4, The Parent Company is seeking to Read More →

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Carpinteria cannabis growers strike deal over odor control

By   /  Thursday, August 26th, 2021  /  Agribusiness, Latest news, Law & Goverment, middle, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Carpinteria cannabis growers strike deal over odor control

In a joint effort to address cannabis odor in the Carpinteria Valley, the main industry and community groups working on the issue say they’ve reached an agreement that ensures cannabis growers will cooperate with local residents to control the crop’s smell. The agreement was finalized Aug. 20 between the Cannabis Association for Responsible Growers, or Read More →

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Glass House Brands reports Q2 loss, growing revenue as it plans expansion into Ventura County

By   /  Tuesday, August 17th, 2021  /  Agribusiness, Banking & Finance, Banking Industry, Earnings, Latest news, middle, South Coast, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Glass House Brands reports Q2 loss, growing revenue as it plans expansion into Ventura County

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Two cannabis growers in Santa Barbara County to pay environmental fines

By   /  Tuesday, August 17th, 2021  /  Agribusiness, Latest news, Law & Goverment  /  Comments Off on Two cannabis growers in Santa Barbara County to pay environmental fines

The Santa Barbara County District Attorney’s Office has settled cases against two cannabis growers for violating environmental laws. Both settlements were announced Aug. 17. The first was with 805 Agricultural Holdings, which will pay $40,000 in civil penalties to a variety of state and county agencies. The fines settle a complaint that the grower “unlawfully Read More →

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Tri-county region’s total farm revenue up 4.6% in 2020

By   /  Friday, August 6th, 2021  /  Agribusiness, Central Coast, East Ventura County, Latest news, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy, West Ventura County  /  Comments Off on Tri-county region’s total farm revenue up 4.6% in 2020

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Houweling’s Tomatoes will become state’s biggest cannabis greenhouse

By   /  Wednesday, August 4th, 2021  /  Agribusiness, Latest news, right, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Houweling’s Tomatoes will become state’s biggest cannabis greenhouse

Houweling’s Tomatoes is closing its 125-acre Camarillo greenhouse and selling the facility to a cannabis grower — a deal made possible by a Ventura County ballot measure last year that was sponsored and supported by a company affiliated with Houweling’s. Houweling’s, an indoor tomato and cucumber grower that has been in the Camarillo area since Read More →

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Cannabis grower pleads guilty to bribing SLO County supervisor

By   /  Thursday, July 29th, 2021  /  Central Coast, Latest news, Law & Goverment, middle, Top Stories, Tri-County Economy  /  Comments Off on Cannabis grower pleads guilty to bribing SLO County supervisor

A San Luis Obispo County cannabis grower and dispensary owner bribed the late County Supervisor Adam Hill and attempted to bribe the mayor of Grover Beach, and will plead guilty to federal bribery and tax crimes. Helios Dayspring, who also goes by “Bobby,” agreed to a plea deal that was filed July 28 in federal Read More →