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 →
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 →
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
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 →
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
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 →
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 →
