Hi @zackcovell...can you explain a bit more about the ownership and control of water? I have a few stocks in the water/ suer market as we speak and it seems we are similarly interested in the same thing, would love to get more detailed information if you are willing to share!
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I followed you let's stay in touch. It's late here and I'm headed to sleep.
Real quick though:
During a drought, senior water rights holders have privileges. Water rights are "first in time, first in right"
Water right is a legal entitlement authorizing water to be diverted from a specified source and put to beneficial, non-wasteful use. Water rights are property rights.
The holders do not own the water itself, they possess the right to use it.
https://www.facebook.com/covellz/posts/10154417641712003
Thank you @zackcovell....this is very interesting indeed! I am also following you and on your FB account :) Talk to you soon!