LOS ANGELES, May 4, 2021 /PRNewswire/ -- Cadiz Inc.
(NASDAQ:CDZI) ("Cadiz", the "Company") released a new issue of
CDZI Magazine, the Company's quarterly newsletter. The latest
edition includes a summary of company news and events from the
first quarter of 2021, commentary from Cadiz CEO Scott Slater, and content and images
highlighting current progress of our agriculture and water
projects. The current magazine and previous issues are
available on our website
In his letter, Scott Slater,
Cadiz CEO & President stated: "Spring has brought the Cadiz
Ranch to life and things are growing beautifully. We have
over 2,000 acres of fruit, vegetables, and hemp flourishing,
including pink lemons, purple cabbage, asparagus, squash,
watermelon and more.
In addition to our active agricultural development, as
California stares down another
drought, we remain focused on our mission of being part of the
solution to California's water
crisis and sustainably delivering reliable water access to
California communities most in
need. Until California can assure
all communities equal access to drinking water, then no community's
water supply is truly secure."
About Cadiz Inc.
Founded in 1983, Cadiz Inc. (NASDAQ: CDZI) is a California business dedicated to sustainable
water and agricultural projects, guided by a holistic land
management strategy and by sustainable resource development
practices throughout our business activities. We own 70 square
miles of property with significant water resources in Southern California and are the largest
agricultural operation in San Bernardino
County, where we have sustainably farmed since the
1980s. We are also partnering with public water agencies to
implement the Cadiz Water Project, which was named a Top 10
Infrastructure Project that over two phases will create a new
water supply for approximately 400,000 people and make available up
to 1 million acre-feet of new groundwater storage capacity for the
region. We also manage over 35,000 acres of desert open space,
including the Fenner Valley Desert Tortoise Conservation Bank,
California's largest land bank
dedicated to the protection of the threatened desert tortoise. For
more information, please visit www.cadizinc.com.
FORWARD LOOKING STATEMENT: This release contains
forward-looking statements that are subject to significant risks
and uncertainties, including statements related to the future
operating and financial performance of the Company and the
financing activities of the Company. Although the Company
believes that the expectations reflected in our forward-looking
statements are reasonable, it can give no assurance that such
expectations will prove to be correct. Factors that could
cause actual results or events to differ materially from those
reflected in the Company's forward-looking statements include the
Company's ability to maximize value for Cadiz land and water
resources, the Company's ability to obtain new financing as needed,
the receipt of additional permits for the water project and other
factors and considerations detailed in the Company's Securities and
Exchange Commission filings.
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SOURCE Cadiz Inc.