Introduction
Limoneira (LMNR) is a 126-year-old agribusiness company based in Santa Paula, California. Despite underwhelming share price performance, I have been, and remain, bullish on the prospects for Limoneira’s stock. This article assesses recent developments at Limoneira, including:
-Agribusiness headwinds and recent results
-Growth initiatives
-Developments at Harvest
-Oxnard Lemon
-New acreage
-Joint venture in Argentina
Additionally, earlier this month, Mark Palamountain, Limoneira’s CFO, was kind enough to talk over recent results, as well as general Limoneira strategy. I have peppered most of our discussion within the greater body of the article, but