Marijuana company American Green Ic. has just announced its latest business venture – an entire town dedicated to ‘weed tourism’.
The company has purchased Nipton, a small town in California with a current population of just 20 people, with plans to turn the spot into an weed sanctuary.
The 120 acre plot (only about 43,560 square feet) was bought for $5 million and will become the “country’s first energy-independent, cannabis-friendly hospitality destination.”
Talking about the investment, the project manager Stephen Sherin said, “We thought that showing that there was a viable means of having a cannabis-friendly municipality and further making it energy independent could be a way of really inspiring folks to say, ‘Why can’t we do that here?'”
The first order of business is to infuse the town’s water with CBD, cannabinoid that doesn’t get you high but does receive pain. Mad.
People seem to be backing the idea fully, as since the investment was announced, American Green’s stock went up a mad 40%. You booking your flights yet?