Houweling Nurseries Oxnard was forced to sell its greenhouse and layoff workers because the investment firm that owns the farm opted not to renew its lease, Houweling officials said.
The tomato grower owned and operated the 5.5 million-square-foot greenhouse facility near Camarillo from 1996 to 2019 when Equilibrium Capital purchased the facility and leased it back to the company, said David Bell, chief marketing officer of Houweling's Group, last week.
He said Equilibrium instead decided to sell the greenhouse facility to Glass House Brands, one of the largest cannabis growers in the state, rather than renew its lease with Houweling Nurseries Oxnard Inc., a subsidiary of Houweling US Holdings Inc.
Bell said Houweling Nurseries Oxnard Inc. is working with Glass House Brands to help its workforce get rehired by the cannabis grower, which has already committed to hiring most, if not all, of the employees.
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