
Core Viewpoint - Alico, Inc. is transitioning its business focus from citrus production to long-term diversified land usage and real estate development due to environmental and financial challenges faced in the citrus industry [2]. Group 1: Company Overview - Alico, Inc. operates two divisions: Alico Citrus, one of the largest citrus producers in the U.S., and Land Management and Other Operations, which includes land leasing and support operations [2]. - Alico Citrus will cease operations after the current crop is harvested in the first half of 2025 [2]. Group 2: Investor Engagement - John Kiernan, President and CEO of Alico, will host one-on-one meetings with investors at the BMO Global Farm to Market Conference on May 14-15, 2025, in New York City [1].