The name Weed already belongs to an old mill town in Northern Calfornia, announced The Independent.

American Green Inc. announced on Thursday it is buying all 80 acres of Nipton, which includes its Old West-style hotel, a handful of houses, an RV park and a coffee shop. Its plans are to transform the old Gold Rush town into what it calls “an energy-independent, cannabis-friendly hospitality destination.”

The town's current owner, Roxanne Lang, said the sale is still in escrow, but confirmed American Green is the buyer. She declined to reveal price before the sale closes, but noted she and her late husband, Gerald Freeman, listed the property at m when they put it up for sale last year.

American Green says it plans to expand that farm and also bottle and sell cannabis-infused water from Nipton's plentiful aquifer, joint moves that would make the town green in more ways than one.

The buyers are also reaching out to edibles manufacturers and other pot-industry businesses, hoping they'll be interested in relocating to Nipton and bringing jobs with them.

The town's current residents number fewer than two dozen and one of its major sources of revenue is the California Lottery tickets the general store sells to people who cross the state line from Nevada because they can't buy them there.