Water Infrastructure Development and Hemp Planting Continues at Cadiz
First and foremost, our thoughts are with our fellow Californians and others across the world coping with the COVID-19 pandemic. We continue to monitor data and regulatory actions regarding COVID-19. We want to assure you that Cadiz is committed to ensuring the health and safety of our surrounding community and our employees. California’s Governor issued […]
Cadiz Inc. Completes Agreements to Exchange Outstanding Convertible Notes Due March 2020 for Preferred Stock and Extend Maturity Date of Senior Secured Debt to May 2022
Company Reduces Overall Debt Burden by Over One-Half Company also Completes ATM Offering (Los Angeles, CA) – Today, Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”), a California business dedicated to sustainable water and agricultural projects, announced that it has entered into agreements with the holders of the Company’s outstanding Convertible Notes due March 2020 […]
Cadiz Receives Reaffirmation from US BLM that the Cadiz Water Project Furthers a Railroad Purpose
BLM Re-examination is Responsive to June 2019 Court Remand & Explains and Affirms Earlier 2017 Conclusion (Los Angeles, CA) – Today, Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) (the “Company”) reported that on February 7, 2020 it received from the U.S. Bureau of Land Management (“BLM”) reaffirmation that the Cadiz Water Project’s proposed use […]
Cadiz Inc.’s First Commercial Hemp Crop Set for March Planting at its Mojave Desert Farm
(Los Angeles, CA) – Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) announced today that its joint venture (“JV”) subsidiary with Glass House Group to farm, harvest, process and market hemp and hemp-derived products will plant its first commercial hemp crop in March 2020. Land preparations for the spring commercial planting are nearly complete and So […]
Cadiz Inc Using Land in Mojave Desert to Harvest Industrial Hemp
Cadiz Subsidiary SoCal Hemp Completes Its First Harvest at Cadiz Valley Ranch
· Successful first crop demonstrates that hemp is viable & suitable for the Mojave Desert · Planned commercial operation bolstered by new federal regulations that support robust hemp industry nationwide (Los Angeles, CA) – Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) is pleased to announce that SoCal Hemp LLC, its joint venture subsidiary with Glass […]
Cadiz Water Project Recognized as a Top 10 Infrastructure Project at the North American Infrastructure Forum
Los Angeles) – Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) is pleased to announce that the Cadiz Water Project, the Company’s public-private partnership with California water providers to make available new, sustainable water supplies and groundwater storage for Southern California, was recognized today by Blueprint 2025 as a Top 10 Private Investment in Infrastructure Project […]
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 […]