Marijuana company buys California town envisioning cannabis Epcot Center

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By John Schroyer

An Arizona-based ancillary marijuana company said Thursday it’s taken the arguably historic step of purchasing an entire town with the aim of transforming it into a cannabis tourism mecca.

American Green, based in Phoenix, paid $5 million for the 80-acre town of Nipton near the California-Nevada border.

Nipton is about a one-hour drive from the Las Vegas Strip and four hours from Los Angeles.

American Green – which trades as ERBB on the over-the-counter markets – was “involved in” a marijuana vending machine venture, a company spokesman said, and also leases

Marijuana company buys California town envisioning cannabis Epcot Center is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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