Marijuana company buys town

(Bloomberg) – American Green Inc., a maker of cannabis products, is taking an unusual step to attract new customers as it capitalizes on California legalizing marijuana: It’s buying an entire town.

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. The purchase includes 120 acres of land with a general store, a hotel, a school building and mineral baths.

American Green, based in Tempe, Arizona, will use the existing structures and build new ones — powered by renewable energy — to revitalize the town, said project manager Stephen Shearin. Ideally, the outpost will spawn imitators, he said.

from Propaganda Guard
from Tumblr

Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  • lisahcnease


    Lisah C. Nease is a Public Affairs Consultant of Ezzen Mobil. She has a passion in books, dogs, public relations, history, society, and politics. She had her bachelor’s degree in Political Science in the prestigious University of Texas at Dallas. She provide clients with political and public policy advice that has been gained through personal contacts, political intelligence and from a wide range of media sources.

    View Full Profile →

  • Advertisements
%d bloggers like this: