Desert town of Nipton sold for $2.75 million

Nipton, US, Apr 30 (EFE/EPA).- The tiny town of Nipton, an 80-acre patch in the Mojave Desert straddling the border between California and Nevada, has been sold again to a Las Vegas company for $2.75 million.

This is the second time the dusty town with a population of around 20 has been sold.

The first time was in 2017 when the tiny desert outpost was sold to Cannabis technology company American Green for $5 million.

The company claimed it planned to transform the town into a “magical” cannabis retreat.

American Green invested in eco-friendly cabins, tipis and art installations as well as restoring the town’s quaint buildings.

“The Nipton Project has the potential to be one of the biggest initiatives any of us at American Green have undertaken,” Pat Carrigan, chief operating officer at American Green, said at the time of purchase in a 2017 statement. “The project holds great possibilities for our company and for the cannabis industry as a whole.”

But cannabis dreams were soon crushed when the project hit a brick wall.

San Bernardino county policy prohibits commercial cannabis activity in unincorporated areas, which Nipton is.

The project was then shut down for two years as a result of the global Covid-19 pandemic and was put on the market again.EFE-EPA

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