SoCal Hemp JV LLC (“SoCal Hemp”), a joint venture of Cadiz Inc. and Glass House Group to farm, harvest, process and market sustainable hemp and hemp-derived products, announced the completion of its first commercial harvest of industrial hemp at the Cadiz Ranch in California’s Mojave Desert. The successful crop,...
· 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...
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...
Hemp Industry Daily A Southern California marijuana company is teaming with a rural water projects developer to start growing hemp in the Mojave Desert. Glass House Farms of Carpinteria, California, said it created a joint venture with water developer Cadiz Inc. to grow 60 acres of hemp...
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...