Dozen Wineries Join Jackson Family Wines Co-Founded Climate Action Group; Summit State Bank buys back shares



Based in Santa Rosa International vineyards for climate action (IWCA) accepted 12 new applicant members of wineries.

The organization is set up to encourage actions aimed at “tackling the severity of the climate crisis by taking immediate action to reduce their carbon emissions”.

With the new companies participating, the agency said the total membership of IWCA is more than 20 wine companies spanning seven different countries and five continents.

These are A at Z Wineworks (Oregon); Cakebread Cellars (Napa), Château Troplong Mondot (Bordeaux, France): Constellation Brands (Fine Wine Portfolio, California): Crimson Wine Group (Napa): Gloria Ferrer (Sonoma): Herència Altés (Catalonia, Spain): Hunt Country Vineyards ( New York): Medlock Ames (Sonoma County): Ridge Vineyards (California): Sula Vineyards (Nashik, India): and Yalumba Family Winemakers (Barossa, South Australia.

The group was founded in 2019 by Familia Torres from Spain and Jackson Family Wines from California.

Based in Santa Rosa Summit State Bank announced its intention to issue a 10% stock dividend to be paid on November 4 to shareholders of record on October 29.

Each shareholder of the bank will receive one additional share for every ten shares held on the registration date of October 29, 2021. Cash will be paid instead of fractional shares based on the closing price of the ordinary share on the date. recording.

Summit State Bank, a local community bank, has total assets of $ 902 million and equity of $ 79 million as of June 30, 2021.

Based in Sacramento Perfect union recently hit its latest fundraising goal of $ 15 million to support its expansion efforts.

Now the cannabis company is looking to raise at least double that amount in its next funding round in 2022.

David Spradlin, CEO of Perfect Union, revealed last October that the company’s investment arm, MWG Holdings Group Inc., foresaw a stock offering of $ 15 million. According to a recent filing with the Securities and Exchange Commission, the company raised funds from 16 investors.

With the Series B closing, Spradlin told the Sacramento Business Journal that Perfect Union will have raised about $ 30 million since it held its first funding round in 2017. The latest funds, he said, will continue to help the company complete infrastructure projects, strengthen its cultivation efforts, to establish a commercial kitchen where it plans to develop new edible lines and further expand distribution.

Over the past 18 months, Perfect Union has opened dispensaries in Napa, Seaside, Riverbank, Morro Bay, Turlock, Weed, Shasta Lake, and Ukiah. The company also has two locations in Sacramento and one in Marysville.

Perfect Union has purchased a building adjacent to its Napa location where it plans to operate an approximately 2,000 square foot commercial kitchen to make edibles. She is also in the process of building her second cannabis grow project. Colfax’s facility is expected to feature eight fully enclosed commercial greenhouses where the company’s in-house flower brand, 530 Grower, will be grown.

Cave Hess Collection in Napa Valley announced that it will become Hess Persson Estates.

“We are continuing our long-standing vision of being a leading family-owned producer of luxury wines, with a particular focus on Cabernet Sauvignon,” said CEO and owner Timothy Persson. “Our commitment to quality and sustainability is of the utmost importance, and we continue our commitment to preserve the earth for future generations. “

Donald Hess officially retired from The Hess Collection and Hess Family Wine Estates in 2017 and handed the business over to his son-in-law Timothy Persson and daughter, Sabrina.

Registration is now open for Winter Grape Day 2021, presented by the Department of Viticulture and Oenology at UC Davis November 10.

For a full agenda, including schedules and presenters, see The cost is $ 250 in person or live.

The California Farm Bureau Federation announced that the Napa County Agricultural Office is the recipient of 5 Excellence Awards and was also named one of three statewide finalists for County of the Year for the third consecutive year.

The Napa County Agricultural Office received state awards for policy implementation, leadership, agricultural education, membership, and public relations.

President Johnnie White and CEO Ryan Klobas will receive the awards at the California Farm Bureau’s annual meeting scheduled for December in Orange County.

Sutter Santa Rosa Regional Hospital won a Get With The Guidelines-Stroke Gold-Plus Quality Achievement Award for meeting or exceeding performance-based quality criteria set by the American Stroke Association. Sutter Santa Rosa Regional Hospital also earned a place on the Stroke Honor Roll, receiving Elite Plus Honor Roll status.

Additionally, Sutter Santa Rosa Regional Hospital has won a Get With The Guidelines® – Gold Quality Achievement Award for high quality heart failure care while California Ambulatory Surgery Association recognized SSanta Rosa Utter Surgery and Endoscopy Center with its ASC of the Year Award, an honor reserved for the outpatient surgery center that demonstrates industry best practices in quality, education, community service, membership and advocacy. For more information,


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