While it’s too soon to talk numbers, SoCal Hemp could provide a boost to the local economy, said Jay Prag, professor of economics at Claremont Graduate University’s Drucker School of Management. “It’s a very good use of the land and the resources in that part of the desert, because it doesn’t take that much to grow hemp,” Prag said. “It could absolutely bring some jobs to that area, at a time when California and the Inland Empire aren’t adding a lot of agricultural jobs.” | READ MORE
Cadiz Raises $21 Million in Registered Direct Offering
Proceeds to advance development of the Mojave Groundwater Bank—the largest proposed supply and storage solution for the Southwest water crisis LOS ANGELES, Calif. — Cadiz Inc.