Water Developer Cadiz and Local Cannabis Company JV to Grow 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 split proceeds from hemp sales, according to an Aug. 1 announcement.    MORE.