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A 100-year-old ghost town founded during the California Gold Rush is being modernized for the "green rush" after a cannabis company purchased all the land, buildings and businesses for $5 million.
On Thursday, American Green, a marijuana technology company, announced they purchased a small town in San Bernardino County with the intention of turning it into the "the country's first energy-independent, cannabis-friendly hospitality destination."
"The Cannabis Revolution that's going on here in the US, has the power to completely revitalize communities in the same way gold did during the 19th century," David Gwyther, chairman and president of American Green, said in the announcement.
Located on the border of Nevada and California, the desert town of Nipton has a population of around 20 people, according to the Los Angeles Times. The town also comes with its own water supply, a general store, an RV park, a campground and a five-room hotel from 1904.
Source: https://www.rt.com/usa/398518-american-green-buys-nipton-marijuana/
(Score: 2) by looorg on Sunday August 06 2017, @05:30PM (1 child)
From the article it seems that for $5M you get a few wells, one hotel with a few rooms, one cafe, two houses of unknown size, one RV park of unknown size, an unknown quantity of solar panels (assume enough to run said buildings), 80 acres of land -- not know if said buildings and constructions already are on said land or if it is extra beyond what those things already occupy -- and finally one human male age 60 named Jim.
Doubtful they bought the land for what is already on the land. I think they bought the land and the location for future development. What is currently on it will probably be bulldozed and replaced by a new and shiny spa - or whatever kind of tourist trap they want to build. I don't think the weed-connoisseurs are going to want to hang out in Jims hardware-store/cafe/hotel or RV-park. They probably want or demand something more or more high class to enjoy their weed.
(Score: 2) by captain normal on Monday August 07 2017, @12:09AM
I think someone got scammed out of $5M. The legalization of pot has started a land rush in rural areas of California. People are coming up with crazy ideas for cashing in on something that's about as easy to grow as tomatoes.
Nevada also recently legalized marijuana. For now the distribution is handled by the liquor distribution industry. There is already a well established tourist destination in Primm, Nevada with large casinos, hotels, RV parks and restaurants. It's all right on HiWay I15.
Just a few miles to the south off HiWay 40 are tourist destinations along the Colorado River, Laugalin and Riviera also with established casinos, hotels etc.
So someone would really have to pour in some big bucks to build and promote something that's harder to get to from the LA area than the locations in Nevada.
Nipton is next to Ivanpah dry lake which is best known for land sailing. I've heard some of those people are into a toke or two between races. But why go to Nipton when you can just carry your own.
http://www.nalsa.org/ [nalsa.org]
https://en.wikipedia.org/wiki/Land_sailing [wikipedia.org]
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