Cadiz Inc Issues Statement on Signing of New California Hemp Industry Law
On October 13, 2019, California Governor Gavin Newsom signed Senate Bill 153 (SB 153) into law. SB 153 requires the state’s hemp regulations to be in full compliance with federal law legalizing industrial hemp. The new state law, which was widely supported by the California hemp industry, ensures that the state will submit a plan for hemp and hemp-derived products to […]
Cadiz to Present at B. Riley FBR Consumer & Media Conference
(Los Angeles) – Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”), a natural resources leader dedicated to pursuing sustainable projects, announced that Scott Slater, President & CEO, will present at the 5th Annual B. Riley FBR Annual Consumer & Media Conference today, October 3, 2019, in New York to discuss the Company’s new joint venture So Cal Hemp Co. LLC. Mr. […]
Cadiz Inc. is getting into the hemp business
While it’s too soon to talk numbers, SoCal Hemp could provide a boost to the local economy, said Jay Prag, professor of economics at Claremont Graduate University’s Drucker School of Management. “It’s a very good use of the land and the resources in that part of the desert, because it doesn’t take that much to grow […]
Environmental Impact Report Addendum for Cadiz Water Project Confirms Safety and Sustainability
New document adopted by lead public agency incorporates additional detail on planned operation, concludes no significant environmental impacts associated with operations (Los Angeles, CA) Cadiz Inc. (NASDAQ: CDZI, the “Company”) announced today that the Fenner Valley Water Authority (“FVWA”) has adopted an Addendum to the Cadiz Water Project’s Final Environmental Impact Report(“FEIR”) that addresses updates […]
Massive hemp farm — up to 1,280 acres — could rise in San Bernardino County’s Mojave Desert
Massive hemp farm — up to 1,280 acres — could rise in San Bernardino County’s Mojave Desert
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 […]
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 […]