Cadiz Inc. Statement on Signing of Senate Bill 307 by California Governor

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Aug 01, 2019
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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. The legislation, available here, will go into effect on January 1, 2020. Governor Newsom included a signing message that calls for the additional review to be “public and transparent” and focused on determining if the Project will “unreasonably affect the environment and water dependent ecosystem in the surrounding watersheds.”