01 Aug Water Developer Cadiz and Local Cannabis Company JV to Grow Hemp

Posted at 00:54h in Company News by
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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 split proceeds from hemp sales, according to an Aug. 1 announcement.    MORE.