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Wineries spar over marketing district

By   /  Saturday, October 3rd, 2020  /  Agribusiness, left, Tourism, Wine & Viticulture  /  Comments Off on Wineries spar over marketing district

A two-year push by the Santa Barbara County Vintners Association to establish the world’s first wine business improvement district is running into opposition from a recently formed coalition of wineries seeking a compromise more acceptable to many smaller producers. The Santa Barbara County Wine Country Coalition sent an email Sept. 25 to 300 wineries in Read More →

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Region has a down year in tri-county agriculture

By   /  Friday, October 2nd, 2020  /  Agribusiness, Latest news  /  Comments Off on Region has a down year in tri-county agriculture

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It’s “Mission accomplished” for avocado distributor’s IPO

By   /  Thursday, October 1st, 2020  /  Agribusiness, Banking & Finance, Latest news, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on It’s “Mission accomplished” for avocado distributor’s IPO

Mission Produce is going on the offensive in the booming global avocado market, with $75 million in new capital from its Oct. 1 initial public offering. The Oxnard-based global avocado packer and distributor went public at $12 per share, a step down from its initial target of $15-$17 per share. The deal netted $75 million Read More →

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Dubroff: Mission Produce IPO holds lessons for industry, region

By   /  Thursday, October 1st, 2020  /  Agribusiness, Banking & Finance, Columns, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Dubroff: Mission Produce IPO holds lessons for industry, region

Henry Dubroff

UPDATE: Mission Produce began trading on the Nasdaq at 12:16 p.m. on Oct. 1. Follow the stock here. The window for initial public stock offerings rarely opens as wide as it has in the fall of 2020. That’s remarkable given the COVID-19 pandemic, the election campaign and governments racking up debt like crazy. But after Read More →

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Opinion: Proposed water cuts could dry up the Paso Robles economy

By   /  Wednesday, September 30th, 2020  /  Agribusiness, Opinion  /  Comments Off on 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 →

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Cure closes $20M CBD acquisition

By   /  Friday, September 25th, 2020  /  Agribusiness, Banking & Finance, Central Coast Health Watch, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on 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 →

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Mission Produce could join three-comma club with $1B-plus IPO

By   /  Wednesday, September 23rd, 2020  /  Agribusiness, Banking & Finance, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on 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 →

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