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Cannabis grower American Green buys entire CA town. Plans to turn it into a weed resort
Posted on 8/4/17 at 9:26 am
Posted on 8/4/17 at 9:26 am
LINK
quote:
American Green Inc., a maker of cannabis products, is taking an unusual step to attract new customers as it capitalizes on California legalizing marijuana: It’s buying an entire town.
The company has acquired the tiny burg of Nipton, California, for about $5 million and plans to invest as much as $2.5 million over the next 18 months to create a pot-friendly tourist destination. The purchase includes 120 acres of land with a general store, a hotel, a school building and mineral baths.
American Green, based in Tempe, Arizona, will use the existing structures and build new ones -- powered by renewable energy -- to revitalize the town, said project manager Stephen Shearin. Ideally, the outpost will spawn imitators, he 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?’” he said.
Posted on 8/4/17 at 9:28 am to Jim Rockford
stock ticker is ERBB for anyone interested
currently trading at .0016
currently trading at .0016
This post was edited on 8/4/17 at 9:29 am
Posted on 8/4/17 at 9:28 am to Jim Rockford
quote:
a school building
For all the lazy, slacker kids?
Posted on 8/4/17 at 9:28 am to Jim Rockford
Ricky and Julian did this a long time ago at SunnyVale.
Posted on 8/4/17 at 9:31 am to The Egg
Just bought a thousand shares
Posted on 8/4/17 at 9:33 am to The Egg
quote:
currently trading at .0016
It should be up to .0420 soon.
Posted on 8/4/17 at 9:35 am to The Egg
quote:
stock ticker is ERBB for anyone interested
sigh...I hope none of you actually do buy.

Posted on 8/4/17 at 2:55 pm to Jim Rockford
quote:
The company has acquired the tiny burg of Nipton, California,
Caesar's Legion isn't going to like this.
Posted on 8/4/17 at 3:09 pm to Jim Rockford
So pot is legal in CA? When did this happen? Is it for recreational use too?
Posted on 8/4/17 at 3:12 pm to DavidTheGnome
Yes, completely legal and it happened the same day Trump was elected President even though everyone in California thought the world was going to end.
Posted on 8/4/17 at 3:12 pm to tiggerthetooth
Well i'll be darned. Has it taken effect yet?
Posted on 8/4/17 at 3:13 pm to Jim Rockford
In SF for work today and laughed at the bus ads for Weed Dispensaries.
Posted on 8/4/17 at 3:13 pm to Jim Rockford
quote:
create a pot-friendly tourist destination.
frick. Yes.
Posted on 8/7/17 at 9:37 am to colorchangintiger
quote:
stock ticker is ERBB for anyone interested
currently trading at .0016
quote:up 150% as of now from .0016 to .0040
sigh...I hope none of you actually do buy.
not an endorsement to buy tho
Posted on 8/7/17 at 9:43 am to Jim Rockford
In. 

This post was edited on 8/7/17 at 11:24 am
Posted on 8/7/17 at 9:51 am to Jim Rockford
quote:
buys entire CA town
The title makes it sound huge. They bought a plot of land around which 20 people happen to live. It's not an incorporated city.
This post was edited on 8/7/17 at 9:51 am
Posted on 8/7/17 at 9:57 am to Jim Rockford
Look out Amsterdam!
NOLA and the state of LA better get on the ball with this quick before the country is over saturated with cannibus towns.
NOLA and the state of LA better get on the ball with this quick before the country is over saturated with cannibus towns.
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