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Limoneira Company Enters into Agreement with Leading Land Developer, The Lewis Group of Companies, to Develop Santa Paula Gateway

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SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the "Company" or "Limoneira") (NASDAQ: LMNR) announced today that is has entered into a Contribution Agreement as the initial step that will facilitate a joint venture with The Lewis Group of Companies (the “Lewis Group”), a leading residential real estate investment company, for the planned development of Santa Paula Gateway (“Gateway Project” or “Project”). Limoneira received a deposit of $2.0 million from the Lewis Group upon entering

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