Cadiz Inc., publicly traded under the symbol CDZI, is a company primarily focused on natural resource development, specifically in areas related to water and land agricultural development. The company, based in Los Angeles, California, was established in 1983, and has since made a name for itself in environmental design and resource management.
The principal asset of Cadiz Inc. is a significant landholdings located in the Mojave Desert region of San Bernardino County, California. Here, the Cadiz Valley encompasses over 45,000 acres (around 70 square miles) of land with freshwater resources. The company has established significant infrastructure here, including wells, spreading areas, and approximately 27 miles of underground piping.
Cadiz Inc. is particularly recognized for two critically important projects: the Cadiz Valley Water Conservation, Recovery and Storage Project, and the Cadiz Southeastern Railway Project. The former aims to conserve water that would otherwise evaporate from the desert surface and to store native groundwater and imported water during times when it is abundant for beneficial uses during times of need. After 10 years of careful planning and evaluation, the project was approved and compliant with the California Environmental Quality Act (CEQA).
The Cadiz Southeastern Railway Project, in contrast, is a proposed transport route designed to improve shipping access for products grown at Cadiz's agricultural business and for other industries located along the Arizona & California Railroad Company ("ARZC") line in the region.
Beyond these projects, Cadiz Inc. also maintains an organic agricultural operation, growing citrus, raisins, and other crops that are sold to leading domestic food retailers.
The company’s focus on sustainable, sensible use of resources has won it numerous environmental accolacies, and its commitment to environmental sustainability remains a cornerstone of its mission. It strategically plans projects to not only preserve but enhance the environment and has put in rigorous due diligence to ensure all operations align with governmental regulations. Cadiz, Inc. is dedicated to delivering long-term sustainable value to its shareholders while promoting conscious stewardship of environmental resources. The company continues its efforts to foster sustainable resource development while cultivating environmental design, showcasing a real commitment to addressing pressing environmental issues.
