Cadiz Enters Hemp Business
AGRICULTURE: Water firm, cannabis company team up LA Business Journal | By Howard Fine Field of Dreams: Graham Farrar (left) and Scott Slater at Cadiz’s land in the Mojave Desert. Photo by Amy Steinfeld With its long-awaited water project encountering yet another delay, Los Angeles water developer Cadiz Inc. is turning to a new cash crop […]
Cadiz Inc.: First NASDAQ-Listed U.S. Company to Enter Joint Venture to Bring Hemp and Hemp-Derived Products to Market to Meet Growing B2B and B2C Market Demands
Cadiz Inc. and Glass House Farms Form SoCal Hemp Co, Creating the Potential to Be the World’s Largest Legal Commercial Hemp Operation JV to Sustainably Farm Up to 9,600 Acres of Organically Sun-Grown Hemp in San Bernardino County in World’s Fastest-Growing Hemp Market: California LOS ANGELES, Aug. 01, 2019 (GLOBE NEWSWIRE) — Cadiz Inc. (NASDAQ: […]
Cadiz Inc. Statement on Signing of Senate Bill 307 by California Governor
(Los Angeles, CA) – Today, Cadiz Inc. (the “Company”) (NASDAQ: CDZI) announced that California Governor Gavin Newsom signed Senate Bill 307 (“SB 307”), a measure designed to require additional review of the Cadiz Water Project by state agencies. The legislation, available here, will go into effect on January 1, 2020. Governor Newsom included a signing […]
CADIZ STATEMENT ON PASSAGE OF SB 307 BY CALIFORNIA STATE ASSEMBLY
(Los Angeles, California) – Today, Cadiz Inc. (the “Company”) (NASDAQ: CDZI) announced that the California State Assembly considered and passed Senate Bill 307 (“SB 307”), a measure designed to require additional state review of the Cadiz Water Project. The legislation will now move to the California Governor’s Office for consideration. Governor Gavin Newsom has 12 […]
New Directors Elected to Cadiz Inc Board at Annual Meeting
(Los Angeles, California) – Cadiz Inc. (“the Company”, NASDAQ:CDZI) is pleased to announce that eleven directors, including two new board members, were elected to the Company’s Board of Directors at the 2019 Annual Meeting of Shareholders held yesterday July 10, 2019. The two new board members, Maria Echaveste and Carolyn Webb de Macias, replace two […]
Cadiz Inc. Announces New Hemp Crop Research at Cadiz Valley Ranch Agricultural Operation
(Los Angeles, CA) – Cadiz Inc. (NASDAQ: CDZI) (the “Company”) is pleased to announce it has begun an experimental commercial hemp research program at its agricultural property in Cadiz, California, in the Mojave Desert approximately 100 miles northeast of Palm Springs. The trial program will inform the potential for large-scale commercial production of hemp, a […]
Three Valleys MWD Approves Multidisciplinary Study to Investigate Springs Surrounding Cadiz, Resolve Any Lingering Debate with Data
On June 19, the Board of Directors of the Three Valleys Municipal Water District, which is considering participating in the Cadiz Water Project, acted to bring a definitive, science-based answer to questions about possible impacts of the Project on the Mojave Desert’s natural mountain springs. The Three Valleys Board unanimously approved launching a multidisciplinary, data […]
Our Mojave Water Project Makes Good Sense
https://www.wsj.com/articles/our-mojave-water-project-makes-good-sense-11561398921 Dear Editor: Cadiz will sustainably provide new water to 400,000 Californians. We’ve been approved under stringent environmental laws, upheld by the courts and validated through continued scientific analysis. Cadiz operates a large agricultural property in California’s Mojave Desert at the base of a 1,300 square mile watershed with an aquifer system storing more water […]
FEDERAL COURT rules on Cadiz RAILROAD RIGHT-OF-WAY use
UPHOLDS INTERIOR Policy, but REQUIRES ADDITIONAL INFORMATION FOR CADIZ SPECIFIC EVALUATION On Friday, June 21, 2019, the Los Angeles Central District Federal Court issued rulings in consolidated cases brought by the Center for Biological Diversity and the National Parks Conservation Association against the United States federal government that challenged a legal Memorandum Opinion (“M-Opinion”) […]
SB 307 Update: Bill Passes State Senate
Yesterday, the California State Senate passed Senate Bill 307 by a vote of 21-11, with 6 abstentions. The legislation will now move to the California State Assembly for consideration in committee prior to any floor debate. The Company issued the following statement regarding the Senate vote: “California continues to suffer from long-term water supply and […]