Six years after legalization, cannabis black market still thriving
When California legalized cannabis for recreational use in 2016, the idea was to create a new legal industry and eliminate an illegal one. Instead, the illicit market continues to have a stronghold in California, as legal growers struggle to turn a profit amid high taxes and strict regulations, and state and local governments often fail Read More →
Santa Barbara password security firm raises $100M in venture capital
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As working from home becomes new norm, companies look to sublease surplus space
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Distilleries shake up region’s beverage industry
Though water makes up about 60% of the average person’s body, liquor certainly runs in the Cutler family line. As a boy, Ian Cutler heard the stories of how his great-grandfather was a bootlegger during Prohibition. From there, his family kept running different liquor stores, bars and more, until 1985, when changes to California’s liquor Read More →
Dozens of Ventura County homeowners still waiting to rebuild from Thomas fire
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Newsom proposes $1.4B to keep Diablo Canyon open
Keeping Diablo Canyon nuclear power plant open could cost California as much as $1.4 billion, under new legislation proposed by Gov. Gavin Newsom on the eve of a hearing to discuss the contested future of the plant on the San Luis Obispo County coast. On Aug. 11, Newsom proposed, through draft legislation distributed to lawmakers, Read More →
SLO’s Mindbody names new CEO
Mindbody, a software firm for the wellness industry that is one of San Luis Obispo’s biggest tech companies, announced the hiring of a new CEO on Aug. 2. Fritz Lanman will take over on Sept. 3, the company said. The current CEO, Josh McCarter, will move to Mindbody’s board of directors. Lanman is currently the Read More →
