SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS PURSUANT TO RULES
13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
(Amendment No. ____)*

Cadiz Inc.

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

127537207

(CUSIP Number)

12/31/2007

(Date of Event Which Requires Filing of this Statement)

     Check the appropriate box to designate the rule pursuant to which this Schedule is filed.

     o     Rule 13d-1(b)

     o     Rule 13d-1(c)

     x     Rule 13d-1(d)

     *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

     The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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Item 1(a).		Name of Issuer. CADIZ, INC.
Item 1(b).		Address of Issuer’s Principal Executive Offices.
		777 South Figueroa Street
		Suite 4250
		Los Angeles, CA 90017
		United States
Item 2(a).		Name of Person Filing.
		Frost Gamma Investments Trust
Item 2(b).		Address of Principal Business Office or, if None, Residence.
		4400 Biscayne Boulevard Miami, FL 33137
Item 2(c).		Citizenship.
		Unites States
Item 2(d).		Title of Class of Securities.
		Common Stock
Item 2(e).		CUSIP Number.
		127537207
Item 3.		If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), identify the status of the person filing.
		Not Applicable
Item 4.		Ownership.

	(a)		Amount beneficially owned: 614,687
	(b)		Percent of class: 5.16%
	(c)		Number of shares as to which such person has:

	(i)		Sole power to vote or direct the vote: 614,687
	(ii)		Shared power to vote or direct the vote: 0
	(iii)		Sole power to dispose or direct the disposition of: 614,687
	(iv)		Shared power to dispose or direct the disposition of: 0

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Item 5.		Ownership of Five Percent or Less of a Class.
		If this Statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.    o
Item 6.		Ownership of More than Five Percent on Behalf of Another Person.
		Not Applicable
Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
		Not Applicable
Item 8.		Identification and Classification of Members of the Group.
		Not Applicable
Item 9.		Notice of Dissolution of Group.
		Not Applicable
Item 10.		Certification.
		Not Applicable

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SIGNATURES

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.