Herbl's warehouse in Goleta. (Eric Isaacs photo) For the majority of the past five years, Goleta-based Herbl was shipping a lot of cannabis and making a lot of green in the process, reporting that sales exceeded $200 million in 2022. But as of August 2023, the company has largely ceased operations and filed for receivership.
Banc of California's one branch on the Central Coast is located in downtown Santa Barbara. (Jorge Mercado / PCBT Staff) Santa Ana-based Banc of California is acquiring Beverly Hills-based PacWest Bancorp in an all-stock deal, the companies jointly announced on July 25. The deal, expected to close in the fourth quarter of 2023 or the