Opinion: Proposed water cuts could dry up the Paso Robles economy
By Brent Burchett This may be news to you, but there is a plan in place that will dramatically restrict farmers from using groundwater for their crops in the Paso Robles region. If you’re not directly involved in agriculture, why should you care? Here’s why. According to an economic impact study released by Cal Poly Read More →
Cure closes $20M CBD acquisition
Cure Pharmaceutical, an Oxnard cannabis products manufacturer, has completed its $20 million cash-and-stock buyout of the CBD company Sera Labs, a deal Cure says will help it reach positive cash flow in around 18 months. Cure’s stock, which is traded on the over-the-counter markets, fell 3 percent following the announcement, closing at $1.29 per share Read More →
Mission Produce could join three-comma club with $1B-plus IPO
Mission Produce put a $1.18 billion price tag on its avocado operation, announcing in a Sept. 23 Securities and Exchange Commission filing that it plans to raise around $106 million in its initial public offering. The Oxnard-based avocado distributor said it plans to offer some 6.25 million shares of common stock for $15-$17 per share. Read More →
Opinion: Proposition 15 would raise taxes on our farms and your food
By Teri Bontrager Agriculture makes up an important part of our state economy and plays a particularly critical role in rural communities across the state. During the COVID-19 pandemic, California’s agricultural community and our ancillary food and beverage processors became designated as essential critical infrastructure to ensure that Californians and those beyond still had the Read More →
Heat threatens to roast region’s crops
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Mission Produce plants seed for IPO
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Limoneira reports profit, record sales
Santa Paula-based citrus producer Limoneira reported a solid third quarter on Sept. 9, with revenue up 5.3 percent and a profit of 12 cents per share that reversed a year-ago loss. The company said it sold a record 2 million cartons of lemons for the quarter and avocado volume increased. The company’s real estate operations Read More →
