Marijuana Company Buys California Town, Plans Pot Paradise

Don’t be surprised if there is a sign one day on a small California town that reads “Welcome to Nipton: A Place to Get Stoned.”

The entire town of 120 acres was purchased Thursday by American Green Inc., a marijuana focused technology and growing firm based in Arizona. The reported price tag: about $ 5 million
The company plans to make Nipton the country’s “first energy-independent, cannabis-friendly hospitality destination,” American Green said in a statement.

Nipton is near the Nevada border, about an hour’s drive from Las Vegas and over three hours from Los Angeles. The town has a hotel, general store and schoolhouse. Nipton has its roots in gold and silver mining along with ranching.

– Read the entire article at CNN News.