Why is a Raven like a Writing Desk?
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A marijuana company that bought a California ghost town with plans to turn it into a pot-tourism destination has run out of money
After a marijuana penny stock startup bought a California ghost town with the goal of turning it into a pot tourism destination, the company ran out of money to develop the project. Last August, Business Insider reported that American Green, a marijuana-focused technology company and consultancy, purchased the unincorporated town of Nipton, California, for close to $5 million. The company reimagined the town (population: 20) as a marijuana production hub where visitors might tour farms, shop dispensaries, and stay at a "bud and breakfast" inn. American Green issued a press release on March 15 revealing that it had ... (full story)