11.37 0.00 (0.00%)
After hours: 4:00PM EST
|Bid||11.37 x 800|
|Ask||11.38 x 2900|
|Day's Range||11.34 - 11.51|
|52 Week Range||8.53 - 13.15|
|Beta (3Y Monthly)||0.02|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 25, 2019 - Dec 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||17.50|
Cadiz Inc. (CDZI) (“Cadiz”, the “Company”) is pleased to announce that SoCal Hemp LLC, its joint venture subsidiary with Glass House Group, has completed its first harvest of industrial hemp at the Cadiz Valley Ranch in California’s Mojave Desert as part of a research program announced earlier this year. The first hemp crop, which was planted during the height of the summer, was successfully grown in the open-air, desert environment demonstrating that commercial hemp production is a viable crop for the Company’s agricultural operations.
Cadiz Inc. (CDZI) (“Cadiz”, the “Company”) is pleased to announce that the Cadiz Water Project, the Company’s public-private partnership with California water providers to make available new, sustainable water supplies and groundwater storage for Southern California, was recognized today by Blueprint 2025 as a Top 10 Private Investment in Infrastructure Project at the North American Infrastructure Forum held in Washington D.C. Blueprint 2025 is a bi-partisan coalition of infrastructure leaders dedicated to transforming the domestic infrastructure market by injecting private investment into key, strategic projects. Today’s awards were granted to projects that will improve and expand North American infrastructure, but require little or no public investment to be built.
Cadiz Inc. (CDZI) (“Cadiz”, the “Company”), a natural resources leader dedicated to pursuing sustainable projects, announced that Scott Slater, President & CEO, will present at the 5th Annual B. Riley FBR Annual Consumer & Media Conference today, October 3, 2019, in New York to discuss the Company’s new joint venture So Cal Hemp Co. LLC. Mr. Slater’s presentation is scheduled to begin at 4:00 p.m. Eastern time and will be webcast at the following link, http://www.wsw.com/webcast/brileyfbr4/cdzi/index.aspx, and via the Company’s website https://www.cadizinc.com/investor-relations/. Founded in 1983, Cadiz Inc. (CDZI) is a publicly held natural resources company that owns 70 square miles of property with significant water resources in Southern California.
LOS ANGELES, Aug. 30, 2019 -- Cadiz Inc. (NASDAQ: CDZI, the “Company”) announced today that the Fenner Valley Water Authority (“FVWA”) has adopted an Addendum to the Cadiz.
Cadiz Inc. (NASDAQ: CDZI), a Los Angeles-based natural resources company that owns more than 70 square miles of property with water rights in Southern California, on Aug. 1 announced it had formed a 50/50 joint venture with the Glass House Group, a vertically integrated cannabis and hemp company, parent to Glass House Farms and its brands. The JV will operate under the name SoCal Hemp Co. and will focus on growing industrial hemp at a commercial scale. Kyle Kazan, Chairman and CEO of the Glass House Group, told Benzinga this is the first time a U.S.-based NASDAQ-listed company has formed a long-term relationship with a hemp and cannabis company.
Cadiz Inc. (CDZI), a natural resources leader dedicated to pursuing sustainable projects, announced it has entered into a joint venture (“JV”) partnership with Glass House Farms, a division of California Cannabis Enterprises (“CCE”), one of the largest, California State licensed, vertically-integrated cannabis and hemp companies in the U.S. 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 will work to sustainably cultivate organic, sun-grown, industrial hemp on up to 9,600 acres at the Cadiz Ranch in San Bernardino County, California.
Today, Cadiz Inc. (the “Company”) (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. “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 California’s stringent environmental laws.
Today, Cadiz Inc. (the “Company”) (CDZI) announced that the California State Assembly considered and passed Senate Bill 307 (“SB 307”), a measure designed to require additional state review of the Cadiz Water Project. California Governor Gavin Newsom has 12 days to either sign the measure or veto it.
Cadiz Inc. (“the Company”, NASDAQ:CDZI) is pleased to announce that eleven directors, including two new board members, were elected to the Company’s Board of Directors at the 2019 Annual Meeting of Shareholders held yesterday July 10, 2019. The two new board members, Maria Echaveste and Carolyn Webb de Macias, replace two retiring members, Ray Pacini and Tim Shaheen, who honorably served on the Board of Directors since 2005 and 1999, respectively.
Cadiz Inc. (CDZI) (the “Company”) is pleased to announce it has begun an experimental commercial hemp research program at its agricultural property in Cadiz, California, in the Mojave Desert approximately 100 miles northeast of Palm Springs. The trial program will inform the potential for large-scale commercial production of hemp, a newly legalized and innovative crop, at Cadiz and in other desert environments. “We are enthusiastic about the opportunities presented by the commercial production of hemp at Cadiz, where we offer an ideal location for this highly sought-after crop,” said Cadiz Inc. CEO and President Scott Slater.
Cadiz Inc. (CDZI) (the “Company”) announced today that its Board of Directors has nominated two prominent Californians, Maria Echaveste and Carolyn Webb de Macías, to stand for election as directors at its upcoming 2019 Annual Meeting of Stockholders. The Annual Meeting will be held this summer and the Company expects to distribute its meeting materials, including the Proxy Statement and ballot, next month. “I am extremely pleased that our Board has nominated Maria and Carolyn to join the Company’s Board of Directors.