Cannabis company buys entire California town

Nipton_American_Green

 

One of the largest cannabis companies in they United States bought an entire town in hopes of constructing a “marijuana mecca.”

Arizona-based company American Green Inc. announced it purchased the town of Nipton, Calif., with plans to convert the area into a marijuana-friendly tourist outpost.

“We thought that showing that there was a viable means of having a cannabis-friendly municipality and further making it energy independent could be a way of really inspiring folks to say, ‘Why can’t we do that here?'” project manager Stephen Shearin told Bloomberg.

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The company purchased the 120-acre property, which includes a general store, a hotel, a school building and mineral baths, for about $5 million and plans to spend an additional $2.5 million to improve the town’s infrastructure and expand the solar energy plant.

Shearin said American Green hopes the town will be able to provide more flexible, business-friendly local marijuana regulations than other areas where marijuana is legal.

 

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“If you’re outside on your porch, you will not have to worry about the local constabulary swinging by to give you a ticket,” he told USA Today. “It will be cannabis-friendly first, but there will be appropriate policies in place.”

Plans for the town include a facility to produce and bottle water infused with CBD, a cannabis component that does not produce a “high,” as well as CBD-infused mineral baths, cannabis stores and artist-in-residence programs.

“The Gold Rush built this city.” Shearin said. “The Green Rush can keep it moving the way people envisioned it years ago.”

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