FOX 13's Lloyd Sowers reports that as Florida's citrus season winds down, Alico Orange Groves is facing another slow year, deterred even more by the hurricanes that struck the state.
Alico, Inc. announced Monday that an exhausting battle with citrus greening disease and hurricane damage are the reasons why it is leaving the citrus industry.
Despite potential short-term volatility, I maintain a speculative buy rating due to the long ... management ultimately decided that growing citrus in Florida was no longer viable due to a number ...
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