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State’s largest pension fund selling interest in company that owns farm growing alfalfa

Summary by Arizona Capitol Times
The state’s largest public pension fund is selling off its interest in a company that owns a 3,000-acre western Arizona farm that grows alfalfa to ship to the Middle East. The move by the Arizona State Retirement System comes as Attorney General Kris Mayes is calling the idea of investing in a farm that exports alfalfa “as outrageous as it is stupid given the current state of our water crisis in Arizona.” She said that it also directly harms the…

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Arizona Capitol Times broke the news in Phoenix, United States on Saturday, September 30, 2023.
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