LOS ANGELES--(BUSINESS WIRE)--Today Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”, the “Company”) posted a detailed update on the status of the Cadiz Valley Water Conservation, Recovery and Storage Project (“Cadiz Project”), an approved water supply project that will conserve native groundwater that is presently being lost to evaporation at the Company’s property in California’s eastern Mojave Desert and create a new supply of 2.5 million acre-feet for beneficial use throughout Southern California over 50