The political committee backing an initiative for commercial production of marijuana in Ventura County has spent nearly $1.5 million and raised nearly all its campaign funding from a business that stands to benefit.
More than 99% of the $1.7 million raised came from Glass Investments Projects, Inc., according to public documents filed by Ventura County Citizens for Responsible Cannabis Cultivation, the committee promoting Measure O on the November ballot.
The business would like to see its patented climate-control technology implemented in the greenhouses where the marijuana would be grown, said Jeanette Lombardo, CEO of Glass Investments Projects.
“This is simply a business investment,” said the executive at the patent management company in Camarillo.
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The company would make money from sales and consulting on use of the technology, she said.