Associated tags: Cádiz, Natural Resources, Groundwater, Water, Water resources, Water supply, LOS, Renewable energy
Locations: CÁDIZ, ADELANTO, AF, IR, NORTH AMERICA, MZ, US, CALIFORNIA
The approval of the Addendum in accordance with the California Environmental Quality Act (CEQA) serves as another public agency evaluation of the Project that has concluded operations can be conducted without significant environmental impacts.
Key Points:
- The approval of the Addendum in accordance with the California Environmental Quality Act (CEQA) serves as another public agency evaluation of the Project that has concluded operations can be conducted without significant environmental impacts.
- The Addendum primarily addressed updated water treatment plans and resulting facility infrastructure.
- Later that year, a study sponsored by Project opponents used water chemistry data to argue that spring water and aquifer water shared chemical components that might suggest a hydrological connection.
- Cadiz abides by a holistic land management plan focused on environmental conservation and sustainable practices to manage its land, water and agricultural resources.
The JV is a 50-50 shared venture of Cadiz and Glass House Farms, which will operate under the name SoCal Hemp Co .
Key Points:
- The JV is a 50-50 shared venture of Cadiz and Glass House Farms, which will operate under the name SoCal Hemp Co .
- The JV intends to bring to market hemp and hemp-derived products and solutions at a commercial scale to meet growing business and consumer market demands.
- has the potential to create the largest, vertically integrated, commercial hemp operation based in the worlds fastest-growing hemp market California.
- In the early 1900s, hemp was an approved crop on original deeds for the Cadiz area properties, said Cadiz CEO Scott Slater.
LOS ANGELES, July 31, 2019 (GLOBE NEWSWIRE) -- Today, Cadiz Inc. (the Company) (NASDAQ: CDZI) announced that California Governor Gavin Newsom signed Senate Bill 307 (SB 307), a measure designed to require additional review of the Cadiz Water Project by state agencies.
Key Points:
- LOS ANGELES, July 31, 2019 (GLOBE NEWSWIRE) -- Today, Cadiz Inc. (the Company) (NASDAQ: CDZI) announced that California Governor Gavin Newsom signed Senate Bill 307 (SB 307), a measure designed to require additional review of the Cadiz Water Project by state agencies.
- Cadiz CEO Scott Slater made the following statement following Governor Newsoms action:
While we believe SB 307 is a troubling precedent for infrastructure development, it will not stop the Cadiz Water Project, a sustainable project designed to safely make available new water for 400,000 people in California.
- We stand ready to comply with SB 307, just as we have complied with all of Californias stringent environmental laws.
- We will continue to pursue these opportunities concurrently with compliance with SB 307 and the remaining permitting milestones for the Water Project.
