Even in the face of the worst drought in decades, investing in California agricultural land is a hot real estate strategy for institutional investors. Land values continue to rise along with the rents, and REITs, or real estate investment trusts, are looking more to the shrinking supply of farmland for better-than-average fixed income returns. Read More →
Vendors at farmers markets all over the state will now pay a higher daily fee — $2 instead of the current 60 cents — and growers will face stricter inspections as part of a new state law going into effect Jan. 1, 2015.
Former Apple chief financial officer Peter Oppenheimer and his wife Mary Beth made the single largest cash gift ever to Cal Poly San Luis Obispo, according to a Nov. 3 announcement from the university. The university expects the $20 million donation to completely cover the cost to develop and construct four new facilities projects within Read More →
With agriculture holding down the No. 1 spot in Ventura County industry and the colorful array of artisanal wine and food offerings found throughout Santa Barbara and San Luis Obispo counties, the Central Coast has the ingredients for being a hot spot in California agritourism.
Ceres, Inc., an agricultural biotechnology company that sells seeds for producing renewable bioenergy feedstocks, is delisting from the Nasdaq after the company continued to fail to meet the minimum bid price requirement of $1.00. The company was notified on April 28, that it no longer met the criteria for listing and in anticipation of not Read More →
On the heels of a top national ranking from Wine Enthusiast Magazine, Paso Robles Wine Country is rolling out an expanded set of sub-brands to put it on equal footing with Napa and Sonoma counties.