A Southern California marijuana company is teaming with a rural water projects developer to start growing hemp in the Mojave Desert.
Glass House Farms of Carpinteria, California, said it created a joint venture with water developer Cadiz Inc. to grow 60 acres of hemp starting next month in the town of Cadiz in rural San Bernardino County.
Cadiz and Glass House Farms said the venture will be a 50-50 split but offered no other financial details.
The companies said the Cadiz hemp farm could expand to 9,600 acres.
A bill to authorize California CBD sales beyond marijuana dispensaries is pending in the state Legislature.
Glass House Farms currently grows marijuana in Santa Barbara County, where it is also planning an extraction lab and retail store.
Cadiz Inc., which owns 70 square miles of land, works with public water agencies.
The company trades on the Nasdaq as CDZI.