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Stock impact report

Cadiz Inc. Statement on Passage of Senate Bill 307 by California State Assembly

Cadiz, Inc. (CDZI) 
Last cadiz, inc. earnings: 11/8 05:19 pm Check Earnings Report
US:NASDAQ Investor Relations: cadizinc.com/investor-relations
Company Research Source: GlobeNewswire
LOS ANGELES, July 12, 2019 (GLOBE NEWSWIRE) -- Today, Cadiz Inc. (the “Company”) (NASDAQ: 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. The legislation will now move to the California Governor’s Office for consideration. California Governor Gavin Newsom has 12 days to either sign the measure or veto it. The Company issued the following statement regarding the Assembly vote: “As our Governor has repeatedly emphasized, California continues to suffer from chronic water supply and affordable housing shortages.  These problems are not unrelated.   Solutions to these two critical problems depend on infrastructure improvements that are opposed at every turn.  Bills like SB 307 will make solutions even tougher to achieve.  An earlier version of the Cadiz Water Project was approved by the United States Department of the Interior in 2002.  A revised Proje Show less Read more
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