This is Who REALLY Owns America's Water
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Across the American West, private investors and institutions are buying farmland, in some cases, for the valuable water rights attached to it. In Cibola, Arizona, one investment firm made $14m profit buying and selling water, while billionaire landowners in California control a majority stake in a groundwater bank worth billions. As climate change worsens water scarcity, the value of land and the water rights, especially, will only continue to grow in value. Subscribe to The Hustle: 🔗 https://clickhubspot.com/vu3l Get the 5-minute newsletter keeping 2M+ innovators in the loop 🔗 https://clickhubspot.com/3kln About HubSpot: HubSpot is a customer platform that provides education, software, and support to help businesses grow better. The platform includes marketing, sales, service, commerce, operations, and website management products that start free and scale to meet our customers’ needs at any stage of growth. Today, thousands of customers around the world use HubSpot’s powerful and easy-to-use tools and apps to attract, engage, and delight customers. #TheHustle #HubSpot