Marijuana Company Turning Entire Town Into Pot Tourism Destination

Marijuana Company Turning Entire Town Into Pot Tourism Destination

American Green, a maker of cannabis products, is taking an unusual step to attract new customers as it capitalises on California legalising marijuana: It's buying an entire town.

Now American Green has said that it plans to buy the town for $5 million and turn it...

Freeman bought the town in 1985 anyway and spent the next 30 years lovingly restoring its boutique hotel and general store, building canvas-covered "eco cabins" and stocking them with wood-burning stoves and swamp coolers.

Owned by Gerald Freeman and his family since 1984, the town boasts a small store, a bed and breakfast, an RV park, and the Whistle Stop Cafe, whose name pays homage to the rail road line that still sees trains pass through town, though stops must be pre-arranged with the rail road.

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

A physical outpost for the rapidly expanding pot industry might be just what's needed to get American Green's stock trading about its current 0.0017 cents per share-a possible location for not only cannabis tourism but events, music festivals, and similar 420-friendly activities.

The project's manager, Stephen Shearin, said he expects the company's acquisition will be highly profitable as recreational marijuana gains wider acceptance.

"The Gold Rush built this city".

Of course, during any discussion of weed revitalizing American society, or city economies turning to the production of cannabis goods, it's worth noting that 8.2 million Americans were arrested for marijuana related charges between 2001 and 2010, and black people were nearly 4 times as likely to be charged with weed-related crimes than Americans of any other ethnicity, despite usage rates being about the same across all people. The new Nipton will also have a production site for edible marijuana products, retail stores and artist-in-residence programmes.

Their ultimate goal, according to Shearin, is a model recreation spot for cannabis enthusiasts that can be duplicated in other localities.

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.

"The cannabis revolution that's going on here in the USA has the power to completely revitalise communities", says American Green president David Gwyther.

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