US weed firm buys town for â¹32 cr for weed-friendly tourism
US company American Green, maker of marijuana products has acquired the town of Nipton in California for $5 million (nearly â¹32 crore). The company plans to invest up to $2.5 million (nearly â¹16 crore) to create a weed-friendly tourist destination. Notably, the purchase includes 120 acres of land with a general store, a hotel, a school building, and mineral baths.