Is This California Desert Town A Future Marijuana Resort?

As reported by Fortune, American Green plans to begin selling bottled water from the town's aquifer infused with CBD [or cannabidiol, a non-psychoactive chemical found in cannabis that some studies claim has anti-inflammatory and anti-anxiety properties].

The southern Californian town's current owner, Roxanne Lang, will not reveal the price of the deal before the sale closes, but the property was listed at $5m (£3.8m) when it was up for sale previous year.

A physical outpost for the rapidly expanding pot industry might be just what's needed to get American Green's stock trading about its current 0.0017 cents per share-a possible location for not only cannabis tourism but events, music festivals, and similar 420-friendly activities. It is 60 miles south of Las Vegas and 10 miles off the major highway that connects that city to Los Angeles.

For its part, American Green is hoping to spur a "Green Rush" like the Gold Rush that built Nipton. Shearin said. "The Green Rush can keep it moving the way people envisioned it years ago".

Fewer than two-dozen people now live in the town, whose current major revenue stream is lottery ticket sales, mostly generated by Nevada residents who cross the border to buy tickets.

"We are excited to lead the charge for a true Green Rush", said American Green chief executive David Gwyther.

This didn't stop Freeman buying the town in 1985.

"I like to say it's conveniently located in the middle of nowhere", jokes Lang. He and wife Roxanne Lang spent over $1 million restoring the town's general store and hotel, building canvas eco-cabins, and even constructing a solar farm to make Nipton largely energy independent.

"We like the quiet and solitude", the 53-year-old handyman said.