Cannabis becomes new Californian gold rush as high-end investors rush to buy up land
Two years ago, the city of Adelanto, a crumbling outpost in California's Mojave desert, was facing a bleak future as it teetered on the brink of bankruptcy and struggled with double-digit unemployment.
'We were about to vanish, to be incorporated into another city,' says councilman John 'Bug' Woodard Jr. 'The place was dying and in total despair.'
Today, however, the once-desolate town is firmly back on the map, having joined a handful of communities in California in embracing large-scale commercial cannabis cultivation -- a move that smells of success as the state prepares to vote in November on legalizing the use of recreational marijuana.
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
Follow us on Instagram
Connect with us on Linkedin