Santa Paula-based Calavo Growers saw revenue increase year-over-year in the fourth quarter of 2021, and despite a net loss for the quarter, the company beat analysts’ expectations. Calavo, an avocado distributor, delivered revenue worth $273.4 million for the quarter ended Oct. 31, a 17% increase from the same quarter a year ago. The company did Read More →
Glass House Brands, a cannabis grower and retailer with its chief operations in Santa Barbara and Ventura counties, is buying one of California’s leading brands of edible cannabis in a deal worth $25.6 million in stock and debt-financed cash. Plus Products was the No. 4 brand of edibles ranked by sales in the third quarter Read More →
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Two professors at Cal Poly San Luis Obispo developed a new COVID-19 test that will be brought to market by Hardy Diagnostics, a Santa Maria-based medical device manufacturer. The test uses saliva collected from the mouth on a strip, rather than a sample from a nasal swab. It was developed by Nathaniel Martinez, an associate Read More →