SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (“Limoneira” or the “Company”) (NASDAQ: LMNR) announced today that it has entered into a purchase agreement to acquire 157 acres of lemon, orange and specialty citrus orchards in San Joaquin Valley for approximately $3.3 million. The transaction is expected to close in 60 days. The orchards are being acquired pursuant to purchase options contained in certain operating leases the Company has had since 2012 for approximately 1,000 acres of l