A Camarillo company that would benefit from sales and consulting on use of new climate-control technology has made 99% of the contributions behind a commercial production campaign in Ventura County.
VC Star

  • The political action committee Ventura County Citizens for Responsible Cannabis Cultivation has raised $1.7M for Measure O, an initiative that would allow up to 500 acres of greenhouse cultivation and 100 acres in nurseries in designated unincorporated areas. The patent company Glass Investments Projects is the heavy contributor.
  • “This is simply a business investment,” said CEO Jeanette Lombardo.

Quick Hits

  1. Drug tests aren’t looking for CBD, but does that even matter when companies are importing product that test for as much as four times the legal amount?
    Cannabis Now
  2. On this investing podcast episode, Marie Montmarquet, co-founder of MD Numbers, offers her take on social-equity fights and the difference between Northern and Southern California industry cultures.
    Seeking Alpha