American Green, an Arizona-based company focused on the cannabis market, has purchased the small town of Nipton, Calif., for about $5 million, and will renovate the 120-acre area to cater to marijuana enthusiasts across the U.S.
The cannabis-themed brand is prepared to pour millions more into the town to improve infrastructure and to build a hotel, school, CBD-infused mineral baths, a general store, and solar farms to fuel their “green initiative.” American Green released a statement detailing the direction they wish to take the new Nipton:
Ultimately, the company would like to offer a variety of commercial and recreational attractions including: CBD and mineral baths, cannabis-product retail outposts, artists-in-residence programs, culinary events, and Bed-and-Breakfast lodging to complete the charming small town experience.
Their first major cannabis-themed project involves infusing the local water supply with cannabidiol, or CBD, the chemical found in marijuana that is connected to reducing inflammation and pain, and bottling it for sale throughout California. Oh, and before you ask, CBD doesn’t get you high — that’s tetrahydrocannabinol, aka THC.
“We are excited to lead the charge for a true ‘Green Rush,'” says David Gwyther, chairman and president of American Green. “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 … we are thrilled to begin work on this first-of-its-kind eco-tourism experience for conscious cannabis consumers.”
American Green was launched in 2009, and currently sells a line of CBD-infused mints, capsules, balms, and even pet treats. Whether or not Nipton becomes America’s Disney World for hemp fans remains to be seen, but as marijuana becomes legalized nationwide, plenty of capitalist endeavors will surely rise up to stake their claim in this modern day “Green Rush.”