They bought a whole town for weed
“We are excited to lead the charge for a true green rush,” American Green’s president David Gwyther said in a statement to Time.
“The cannabis revolution that’s going on here in the US has the power to completely revitalise communities in the same way gold did during the 19th Century.”
Nipton was originally founded during the gold rush in the early 20th Century when the precious metal was found nearby.
California is one of eight US states where recreational marijuana is legal.
Nipton - which has a population of about 20 - sits on the border of California and Nevada.
American Green wants to invest up to $2.5m (£1.9m) in revitalising the town to make it more tourist-friendly as well as eco-friendly.