by: Bob D Angelo, Cox Media Group National Content Desk Updated: Aug 5, 2017 – 5:08 PM
A remnant of the California Gold Rush, the new owners of Nipton hope the tiny town is going to pot.
Nipton, with a population of six and located near the Nevada border, was bought by one of the first publicly traded companies to specialize in the legal cannabis, Fortune reported.
American Green purchased the 120-acre ghost town for $5 million and plans to transform it into a marijuana tourist destination, Forbes reported. It also plans to use it as a production hub for cannabis-based products — starting with water infused with cannabidiol, also known as CBD.
The company sees Nipton as a ganja-paradise, Business Insider reported. American Green is hoping visitors might someday tour a marijuana farm, shop at the dispensaries and enjoy a smoke outside a marijuana-friendly bed-and-breakfast inn.
“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