Cannabis company bought an entire town in California
A small city in California was bought for $ 5 million by an American company, Cannabis, which will make it a unique tourist destination - a unique cannabis designed to attract amateurs and consumers from all over the world. It is a 3-hour drive from Las Vegas and will include food factories fortified with THC and a CBD water production plant.
After the legalization of the new legalization laws in California and the opening of the legal cannabis trade in its territory in January 2018, the owner of an American cannabis company purchased an entire city for $ 5 million to build the perfect cannabis tourism destination.
Over the next 18 months, American Green will invest $ 2.5 million in Nipton, an obscure and forgotten city that is soon to become a tourist destination attracting consumers and Cannabis enthusiasts from around the world.
The city, which sprawls over nearly 500 dunams and currently has only 20 residents, will also include a supermarket, hotel, school, mineral pools and a spa, alongside the renovation of existing facilities and buildings - all of which are expected to operate on renewable energy only.
Steven Shirin, the project manager, explained that the group wanted to set an example for other entrepreneurs and investors who would develop similar projects across the US in countries where the ban on cannabis was permitted. "We want others to see the establishment of a city friendly to Cannabis and say to themselves, 'Why do not we do that, too,'" he said.
Neptune, a former mining city, is located in the San Bernardino district of eastern California, sits on the border with Nevada, which also approved legalization recently and is only 3 hours south of Las Vegas, which itself becomes one of the world's leading cannabis centers.
"This city was built in 1905 during the 'Gold Rush' period," says Sheerin. "It will now develop in the 'panic to green' era," as the new cannabis industry is called "exploding" across the United States and is expected to spread throughout the world.
The owners of American Green want to transform the old-new city into a project that demonstrates how cannabis can contribute to society, industry and economics, and plans to build a new plant for the CBD, which will produce and market bottled mineral water in cannabidiol, the non-psychoactive cannabinoid, .
An Edible production plant will also be built in the city - food products enriched with cannabis ingredients, marketing and commercial stores that will also include vending machines for cannabis sales in biometric identification and even programs for artists who will receive discounted housing for projects in which they will take part.
Source: https://corner-stoners.com/blogs/news/cannabis-company-bought-an-entire-town-in-california
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