Cannabis Company Purchases Nipton, CA

A woman walks out of the Hotel Nipton, Thursday, Aug. 3, 2017, in Nipton, Calif. American Green Inc., one of the nation’s largest cannabis companies, announced it has bought the entire 80 acre California desert town of Nipton. (AP Photo/John Locher)

WILL NIPTON, CALIFORNIA BECOME A POT MECCA?

Nipton is an historic Mojave Desert town, over 100 years old, located on the northern boundary of Mojave National Preserve in San Bernardino county. It’s 80 acres was recently purchased by American Green, Inc., based in Tempe Arizona, one of America’s largest publicly traded cannabis companies in the U.S., for $5 Million.

The purchase includes an old west-style hotel, a few houses, an RV park and a coffee shop. The plan is to turn Nipton into “an energy-independent, cannabis-friendly hospitality destination.”

Roxanne Lang, a Libertarian, is Nipton’s current owner, she has no problem with people using pot / marijuana. There are currently less than 24 residents, and the revenue source has largely been the California Lottery tickets sold in the general store to people who cross over from the state of Nevada, because lottery tickets can’t be sold there. Lang jokes, “I like to say it’s conveniently located in the middle of nowhere.”

David Gwyther, American Green’s president and CEO, said in a statement. “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. We are excited to lead the charge for a true Green Rush.”

American Green has plans to invest as much as $2.5 million in the next 18 months to revitalize Nipton as a pot-friendly destination, that will be powered by renewable energy, said project manager Stephen Shearin.

The plan is also to make Nipton a production area for cannabis-based products. They plan to start with CBD-infused water, (CBD or cannabidiol is the non-psychoactive part of cannabis, and does not make people high or stoned).

Several edible and extraction companies have already expressed interest in locating their production facilities in Nipton.

About American Green Corporation
Became one of the first publicly traded technology companies in the cannabis industry. The company now claims to have over 50,000 shareholders, more than any other company in the cannabis sector. The company currently has a state of the art cultivation facility in Phoenix, Arizona, a shop in the Amazon marketplace for apparel and an online storefront for Organic Hemp derived CBD.

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