The article said they bought it for 5 mil and were going to put another 2.5 mil in it. Where were these guys when I was selling bridges?
I dunno about stupid. I think it is money well invested. The town is only 10 miles off of I-15, which gets TONS of traffic. It is also only 18 miles from Highway 95, which also gets HEAVY traffic. It is also on a rail line, and at the intersection of smaller state highways, including Highway 164, the Joshuah Tree Highway, which also gets traffic. It is also only a few miles from the Nevada border, and Nevada is low on weed. And in California, a muni can set all the local weed laws, and thus they can grow, process, and sell all the weed that they want within the city limits. And San Bern is a DRY county (no commercial grows, processing or sales on unincorporated county land). They can incorporate and set the local grow taxes to ZERO. They can grow outdoors or indoors with solar driven lights. Water they can truck in all of 35 miles from the Colorado River/Lake Mohave. Weed does not take much water to grow. And it is an easy drive from Henderson, Laughlin and Las Vegas.
Laugh all you want, but I would put my money into this venture. People are paying fortunes to buy land in Humboldt and Mendocino County, but weed grows better in the warm desert. They can grow year round in the Mojave. The temp there right now is 84, 10 degrees cooler than it is here in the PNW!
Sorry to sound negative, I think it is hilarious!
There is a road thru there, two lane blacktop sometimes covered with sand in spots.
Beautiful desert out there, the land of some type of endangered tortoise.
They created Las Vegas from similarly nothing, this could happen again !!!