Cannabis Company Buys Entire Calif. Town Hoping to Turn it into a Pot Mecca
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.