A California Ghost Town Bought By AZ Cannabis Company

Nipton  California is home to a general store a five-room hotel and a solar farm.       Flickr  hawk59

The company, which claims (and who are we to argue?) that they are "the first company to buy an entire town for the goal of capitalizing on the emerging cannabis tourism industry", wants to turn Nipton into "the country's first energy-independent, cannabis-friendly hospitality destination".

She says escrow hasn't closed yet but confirms American Green is the buyer.

Located just 50 miles from Las Vegas off of Interstate 15, the small town had been for sale since 2015.

The company, which says it is the second oldest and largest publicly traded marijuana business in the US, plans to modernize the 80-acre town that boasts some 20 residents and make it the "country's first energy-independent, cannabis-friendly hospitality destination", and a hub for the manufacture of pot products, according to a press release.

When Lang's late husband, Gerald Freeman, bought Nipton in 1985 it was a rundown ghost town.

Many buildings in Nipton retain that classic Southwest vibe, an aesthetic American Green intends to keep.

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The company has acquired the tiny burg of Nipton, California, for about $5 million and plans to invest as much as $2.5 million over the next 18 months to create a pot-friendly tourist destination.

"We are excited to lead the charge for a true 'Green Rush, '" said David Gwyther, chairman and president of American Green after the announcement that it had acquired the century-old community. It is best known for selling lottery tickets.

"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", Gwyther enthused, cited by the BBC. Nipton, which is located near the California/Nevada border in San Bernardino County, was founded in the early 1900s after gold was found nearby.

Nipton comes with its own water supply, a school building, a hotel and a general store.

Carl Cavaness, who works at the hotel, told CBS News he hopes the new owners will let him and his wife stay, saying they "like the quiet and solitude".

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