The tiny town of Nipton, California, is going to pot. Literally. One of the country’s largest cannabis companies, American Green, recently purchased the six-person town for $5 million, with plans to transform it into the country’s leading marijuana tourist destination.
Over the next year and a half, American Green will invest another $2.5 million in making over the 80-acre Nipton into a pot-lover’s playground. Powered entirely by renewable energy, the town would boast on-site pot growing, a bottling plant for pot-infused water, edibles production, mineral baths, marijuana retail stores, and hotel rooms.
There’s no question that the expansion of state-level marijuana legalization is having an impact on housing markets, businesses, and cities, but American Green is positioning marijuana-tourism as an economic savior for depressed towns. The company is already talking with edibles manufacturers and pot-centric businesses in an effort to get them to relocate to Nipton.
“We are excited to lead the charge for a true Green Rush,” David Gwyther, American Green’s president and CEO, said in a statement. “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.”
Via: Realtor.com, Washington Post