·      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...

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...

IE BUSINESS DAILY  | September 9, 2019 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...

Benzinga, Javier Hasse  Cadiz Inc. (NASDAQ: CDZI), a Los Angeles-based natural resources company that owns more than 70 square miles of property with water rights in Southern California, on Aug. 1 announced it had formed a 50/50 joint venture with the Glass House Group, a vertically integrated cannabis and hemp company...

LA Business Journal, Howard Fine August 1, 2019 Los Angeles water developer Cadiz Inc. has entered into a joint venture with a division of Long Beach-based California Cannabis Enterprises Inc. to grow hemp on Cadiz land that sits atop a Mojave Desert aquifer. The two companies would evenly...