A Cannabis Company is buying an Entire Town in the US
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Title : A Cannabis Company is buying an Entire Town in the US
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Title : A Cannabis Company is buying an Entire Town in the US
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news-today.world | NIPTON, California — Now that one of the nation's largest cannabis companies has bought the California desert town of Nipton, a question remains: Will the new owners rename the place Potsylvania?
The name Weed already belongs to an old mill town in Northern California.
American Green Inc. announced Thursday it would buy all 80 acres of Nipton, including its Old West-style hotel, a handful of houses, an RV park, and a coffee shop. Its plans are to transform the old Gold Rush town into what it calls "an energy-independent, cannabis-friendly hospitality destination."
The town's current owner, Roxanne Lang, said the sale was still in escrow but confirmed American Green was the buyer. She declined to reveal the price before the sale closed but noted that she and her husband, Gerald Freeman, now deceased, listed the property at $5 million when they put it up for sale last year.
Asked what her husband would think of the buyers' plans to turn Nipton into the pot paradise of the California desert, she laughed heartily.
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The name Weed already belongs to an old mill town in Northern California.
American Green Inc. announced Thursday it would buy all 80 acres of Nipton, including its Old West-style hotel, a handful of houses, an RV park, and a coffee shop. Its plans are to transform the old Gold Rush town into what it calls "an energy-independent, cannabis-friendly hospitality destination."
The town's current owner, Roxanne Lang, said the sale was still in escrow but confirmed American Green was the buyer. She declined to reveal the price before the sale closed but noted that she and her husband, Gerald Freeman, now deceased, listed the property at $5 million when they put it up for sale last year.
Asked what her husband would think of the buyers' plans to turn Nipton into the pot paradise of the California desert, she laughed heartily.
More
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You are now reading the article A Cannabis Company is buying an Entire Town in the US With link address https://newstoday-ok.blogspot.com/2017/08/a-cannabis-company-is-buying-entire.html