 Today, Cadiz Inc. the Company 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. While we believe SB 307 is a troubling precedent for infrastructure development, it will not stop the Cadiz Water Project, a sustainable project designed to safely make available new water for 400,000 people in California. We stand ready to comply with SB 307, just as we have complied with all of Californias stringent environmental laws. 