Stories
Slash Boxes
Comments

SoylentNews is people

posted by martyb on Sunday August 06 2017, @08:17AM   Printer-friendly
from the Nipton-in-the-bud? dept.

Submitted via IRC for TheMightyBuzzard

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/


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by captain normal on Monday August 07 2017, @12:09AM

    by captain normal (2205) on Monday August 07 2017, @12:09AM (#549697)

    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]

    --
    Everyone is entitled to his own opinion, but not to his own facts"- --Daniel Patrick Moynihan--
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2