Articles Tagged With ‘Profit!’

Congalton sells movie script to Hollywood

San Luis Obispo radio talk show host and writer Dave Congalton spent most of August in Los Angeles for the filming of the motion picture comedy Scribble, based on his original screenplay [Deadline: Hollywood]. The movie, which stars Chris Klein,... (Continue reading)

Los Osos doctor develops diet drug

A diet drug created by a Los Osos doctor was approved Tuesday by the The Food and Drug Administration. Doctor Thomas Najarian developed the diet pill Qsymia, which was originally dubbed Qnexa. This makes the first time in 13 years... (Continue reading)

Is French Hospital violating anti-kickback laws?

It sounds like any other incentive for a new company – sign up and get a gift certificate. But San Luis Obispo based French Hospital’s promotion for its new Women’s Health and Imaging Center could violate federal anti-kickback laws. French Hospital... (Continue reading)

Federal officials targeting marijuana storefronts and grows in Santa Barbara County

In the latest series of actions against the commercial marijuana industry in California, federal authorities this week filed three seizure lawsuits against properties housing marijuana operations in Santa Barbara County, executed search warrants at four locations, and have sent warning... (Continue reading)

American Perspective Bank’s bidding war

PacWest Bancorp  announced Monday  that it has signed an agreement to purchase San Luis Obispo headquartered American Perspective Bank for $58.1 million trumping a previous offer by Umpqua Bank. In April, American Perspective Bank announced it had entered into a... (Continue reading)

Wine, weed, and a new buzz

Marijuana-laced wine may be coming to the Central Coast. In fact, it may already be here. [DailyBeast] While wine fermented with cannabis is nothing new — it gained a level of popularity in the 1980s — it appears to be... (Continue reading)

Paso Robles administrator accused of conflict of interest

The Paso Robles city administrative services director purchased a Chevy he asked the city council to approve for sale for about half of its Kelley Blue Book value prompting allegations of a conflict of interest and misuse of public... (Continue reading)

American Perspective Bank selling for $45 million

San Luis Obispo headquartered American Perspective Bank announced today that it has signed a definitive agreement for sale to Portland-based Umpqua Bank for approximately $44.7 million. Umpqua, the largest Oregon-based bank, expects to finalize the transaction in mid-2012, pending regulatory... (Continue reading)

“Online rumors” caused chief’s departure?

Two Paso Robles city council members have penned a “viewpoint” in The Tribune shoveling praise on fallen police chief Lisa Solomon, slamming county residents who have commented on her public behavior and sexual conduct, and criticizing news reports for causing... (Continue reading)

Federal prosecutors seize four more pot-shop buildings

As part of a continuing crack down on California’s medical marijuana dispensaries, federal prosecutors filed forfeiture actions against the owners of four properties housing marijuana storefronts In Los Angeles and Orange counties on Wednesday, according to a press release. U.S.... (Continue reading)