Weed Growers just bought a Town – California Gold Rush is Now the Green Rush
A marijuana company has bought a California ghost town to turn it into a pot-tourism destination.
In 1905, the covered wagons and cattle ranchers came through Nipton, California, on the edge of the Mojave Desert. Then the California Gold Rush sent miners into the desert town.
And in 2017, the legal marijuana “green rush” arrived in Nipton.
American Green, a marijuana-focused technology company, and consultancy has purchased the small town for close to million with plans to turn Nipton into a pot-tourism destination.
The company envisions Nipton (population: 6, according to the last count in 2016) as a ganja-paradise, where visitors might someday tour a marijuana farm, shop the dispensaries, take a dip in the natural spring baths, and enjoy a toke outside a pot-friendly bed-and-breakfast.
Stephen Shearin, a consultant working with American Green on the Nipton development project, told Business Insider that the company aims to “create a community that is accepting and understanding” of the use of marijuana, which is an illegal substance under federal law.
“The [idea] here isn’t to create ‘Woodstock 2017,'” Shearin said. “It’s about creating an environment where people come to work and share in a community.”
The town’s broker told Gizmodo earlier this year that the buyer would need to pay all cash. After four months of negotiations, American Green secured more than 120 acres, all properties, and a working solar farm that will eventually allow the company to operate 100% off-the-grid.
Shearin said the company is committed to keeping the existing small local businesses, which include a general store and a five-room hotel. American Green may also offer the opportunity for locals to work for the company.
Founded in 2009, American Green was virtually unknown until now. It’s a publicly traded technology company that, according to its website, is involved in marijuana-dispensing vending machines, a dispensary-locator app, and seed-to-sale tracking solutions.
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