New Credit Facility and Preferred Stock Replace Existing Debt and Provide Working Capital for ongoing Asset Development. LOS ANGELES, July 7, 2021 /PRNewswire/ -- Today, Cadiz Inc. ("the Company,"NASDAQ: CDZI) is pleased to announce the closing of a new, long-term $50 million, 7% senior secured credit facility...
Company finalizes transaction with El Paso Natural Gas to acquire existing pipeline segment. Pipeline positioned to convey water between California communities and diversify state’s water infrastructure. (LOS ANGELES, July 1, 2021) -- Cadiz Inc. (“the Company,” NASDAQ: CDZI) is pleased to announce today that it completed the...
(LOS ANGELES, June 29, 2020) -- Cadiz Inc. (“Cadiz”, the “Company” or “we”) (NASDAQ: CDZI) today announced the pricing of its underwritten registered public offering of 2,000,000 depositary shares at an initial public offering price of $25.00 per depositary share, raising gross proceeds of $50...
LOS ANGELES, June 28, 2021 /PRNewswire/ -- Cadiz Inc. ("Cadiz", the "Company" or "we") (NASDAQ: CDZI) today announced it has commenced an underwritten registered public offering of 2,000,000 depositary shares, each representing a 1/1000th fractional interest in a share of the Company's Series A Cumulative Perpetual Preferred...
LOS ANGELES, April 6, 2021 /PRNewswire/ -- Today, SoCal Hemp JV LLC ("SoCal Hemp") is pleased to announce that it has renewed its local partnership with Victorville, California's Victor Valley College ("VVC") to support student research into desert hemp farming, hemp product marketing and development. SoCal Hemp...
Almost a decade ago, Cadiz announced that we were going to pursue the development of a new, safe and sustainable water project that would provide a reliable water supply for 400,000 people across Southern California. We have followed the law, done things openly and transparently,...
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...
Cadiz Inc. and Glass House Farms Form SoCal Hemp Co, Creating the Potential to Be the World’s Largest Legal Commercial Hemp Operation JV to Sustainably Farm Up to 9,600 Acres of Organically Sun-Grown Hemp in San Bernardino County in World’s Fastest-Growing Hemp Market: California LOS ANGELES, Aug....
https://www.wsj.com/articles/our-mojave-water-project-makes-good-sense-11561398921 Dear Editor: Cadiz will sustainably provide new water to 400,000 Californians. We’ve been approved under stringent environmental laws, upheld by the courts and validated through continued scientific analysis. Cadiz operates a large agricultural property in California’s Mojave Desert at the base of a 1,300 square mile watershed...
UPHOLDS INTERIOR Policy, but REQUIRES ADDITIONAL INFORMATION FOR CADIZ SPECIFIC EVALUATION On Friday, June 21, 2019, the Los Angeles Central District Federal Court issued rulings in consolidated cases brought by the Center for Biological Diversity and the National Parks Conservation Association against the United States federal...
