superoxygen
Cadiz is a publicly-held natural resources company that owns 70 square miles of property and water resources in Southern California. Our mission is to support communities that lack reliable access to clean, affordable water needed for economic growth and an equitable quality of life by improving California’s water transportation network and delivering sustainable water supply and storage solutions while cultivating sustainable farming opportunities.
Cadiz, Water, Agriculture, Sustainable Farming, Cadiz Water Project, Water Resources, Southern California, Hemp
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Author: superoxygen

08 Aug

Posted at 15:53h in Op-Ed by
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By Floyd E. Wicks San Bernardino Sun http://www.sbsun.com/opinions/ci_23807372/why-federal-review-makes-no-sense-cadiz-project August 7, 2013 - Despite last year's approval of the Cadiz Valley Water Project under the California Environmental Quality Act (CEQA) -- long considered the nation's toughest environmental law -- a handful of project opponents are now pushing for an expensive and time-consuming federal "do over." Doing so disrespects our state's environmental process, discounts the voices of supportive stakeholders and impedes needed water supplies and jobs for thousands. Here's why the idea of a federal process should be summarily rejected:

03 Jul

Posted at 15:44h in Press Releases by
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July 2, 2013 Contact – Cadiz Inc, Courtney Degener/Limoneira Company, John Mills  http://www.businesswire.com/news/home/20130702005249/en/Cadiz-Limoneira-Company-Announce-Agricultural-Development-Agreement Los Angeles, CA -- Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”) and Limoneira Company (NASDAQ: LMNR) (“Limoneira”) are pleased to announce today that they have entered into a long-term lease agreement (the “Agreement”) to develop new lemon orchards on Cadiz’s agricultural property in eastern San Bernardino County, California (the “Cadiz Ranch”).  Under the terms of the Agreement, Limoneira has secured the right to plant up to 1,280 acres of lemons over the next five years at the Cadiz Ranch operations in the Cadiz Valley.  The arrangement provides a new growing, packing, and marketing opportunity that is complimentary to Limoneira's existing production and furthers Cadiz’s commitment to the sustainable development of its Cadiz Valley property.

29 May

Posted at 04:39h in Press Releases by
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May 28, 2013 http://www.businesswire.com/news/home/20130528006064/en LOS ANGELES, CA - Cadiz Inc. [NASDAQ:CDZI] ("Cadiz", the "Company") reported today that a lawsuit challenging the environmental approval of the Cadiz Valley Water Conservation, Recovery and Storage Project ("Project")  has been dismissed with prejudice in Orange County, California Superior Court.

05 Mar

Posted at 14:40h in Press Releases by
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CADIZ INC. ANNOUNCES COMPREHENSIVE REFINANCING PACKAGE New Financial Structure Positions Balance Sheet for Water Project Construction Financing and Provides $17.5 Million in Working Capital to Fund Operations March 5, 2013 Los Angeles, CA -- Cadiz Inc. (NASDAQ: CDZI) ("Cadiz", "the Company") is pleased to announce that it has entered into an agreement with its senior lenders ("the Lenders") to refinance the Company's existing $66 million corporate term debt that is currently due June 29, 2013. The agreement establishes two separate debt instruments, a $30 million senior secured mortgage loan due in three years and a new $53.5 million convertible bond due in five years. No principal or interest payments are required under either instrument during the term until maturity. The new debt instruments will replace all existing term debt on the Company's balance sheet and provide $17.5 million in new working capital to fund the Company's current operations, including pre-construction activities related to the Cadiz Valley Water Conservation, Recovery and Storage Project (the "Water Project").

10 Jan

Posted at 17:34h in Press Releases by
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Los Angeles CA -- Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, “the Company”) announced today that it has appointed Company President Scott Slater to the additional role of Chief Executive Officer effective February 1, 2013.  Keith Brackpool, a co-founder of the Company who has served as CEO since 1991, will remain as Chairman of the Board of Directors.  Mr. Brackpool has been a member of the Company’s Board since 1986 and Chairman since 2001.

09 Oct

Posted at 21:56h in News by
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By Scott Slater Published in the San Bernardino Sun October 8, 2012 From the time before statehood, water has been recognized as the lifeblood of California's economy. A little more than 80 years ago, the people of this state adopted a constitutional amendment mandating the optimization of efficient water use in California. Since that time, water has remained a critical resource and Article 10, Section 2 of the California Constitution has served to provide the legal and policy underpinnings for responsible water use.