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Business Insider reports that American Green Inc., one of the nation’s largest cannabis companies, has bought the 80-acre California town of Nipton and hopes to transform it into “ "an energy-independent, cannabis-friendly hospitality destination.”

According to the story, “American Green says it plans to expand that farm and bottle and sell cannabis-infused water from Nipton's plentiful aquifer — both moves that would make the town green in more ways than one. The buyers are also reaching out to edibles manufacturers and other pot-industry businesses, hoping they'll be interested in relocating to Nipton and bringing jobs with them.”

There won’t be many people affected by the sale - fewer than two dozen people live in Nipton. (Which may explain why the place was for sale.) In many ways, Nipton is a kind of ghost town; it was created by the gold rush of the early 1900s, and is described by one resident as “conveniently located in the middle of nowhere,” even though it is just 60 miles south of Las Vegas, just over the state line.
KC's View:
I see shuttles running to and from Nipton, which ought to be able to effectively market itself to tourists visiting Vegas. But even more importantly, I think there’s a potential big business opportunity there … beyond the pot, I’d want to have the exclusive rights to sell burritos, Rice Krispy Treats, and goo balls.