Cannabis Company Buys Entire California Town to Build a Pot-Friendly Tourist Destination

For those who want to live the high life.

Travel
6,296 Hypes 0 Comments

On Thursday, one of the largest marijuana companies in the US, American Green, Inc., announced it had purchased a California desert town, promising to turn it into “the country’s first energy-independent, cannabis-friendly hospitality destination.” Coming in at 120 acres, Nipton, California — located on the edge of the Mojave Desert — was bought for $5 million USD which includes its Old West-style hotel, a handful of houses, an RV park and a coffee shop.

With the purchase of Nipton, American Green, Inc. plans to make “cannabis-based products” and to grow weed in the near future. The company also plans to bottle the town’s water and infuse it with the cannabinoid CBD and sell it. American Green also plans on spending another $2.5 million USD to renovate Nipton, and will focus on using renewable energy. American Green’s president and CEO David Gwyther said in a statement:

“We are excited to lead the charge for a true Green Rush. The cannabis revolution that’s going on here in the U.S. has the power to completely revitalize communities in the same way gold did during the 19th century.”

Read Full Article
Source
Bloomberg
Image Credit
hawk59
More

What to Read Next

Here Are the Most Hyped Products Dropping in Europe This Week
Fashion  

Here Are the Most Hyped Products Dropping in Europe This Week

Feat. pieces from Palace, Wood Wood and Stone Island.

The Jordan Trunner LX Gets Made Over as a High Top
Footwear

The Jordan Trunner LX Gets Made Over as a High Top

The Trunner’s been unstoppable since it’s comeback.

The Supreme x Louis Vuitton Collection Gets Highlighted in New 'POPEYE' Editorial
Fashion

The Supreme x Louis Vuitton Collection Gets Highlighted in New 'POPEYE' Editorial

Including pieces from the heritage brand’s mainline.


Could Apple Augmented Reality Glasses Soon Become a Reality
Tech

Could Apple Augmented Reality Glasses Soon Become a Reality

According to the IDC, the AR market is about to surge.

LaVar Ball Fires Back at Michael Jordan, Shaq & Charles Barkley
Sports

LaVar Ball Fires Back at Michael Jordan, Shaq & Charles Barkley

“I could beat him with 1 hand tied behind my back with some glasses on with one eye lens out with some flips-flops on in the rain.”

The Nike Air Max 97 Ultra "Triple Black" Releases Today
Footwear

The Nike Air Max 97 Ultra "Triple Black" Releases Today

Will “Triple Black” ever get old?

More ▾