Dynadot

sales Medical Marijuana Company Eaze Buys Eaze.com

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Last week, we brought you a list of 7 different recently funded companies that don’t own their exact-match .COM domain. One of those on the list was Eaze, a medical marijuana delivery service that was founded in 2014. Since then, the company has grown quickly.

According to Crunchbase, Eaze has raised $24.5 million in funding from thirteen different investors. This includes a $13 million Series B funding round that was announced on October 24th, with Winklevoss Capital listed as one of the investors. Those of you familiar with Facebook’s history will no doubt be aware of the name Winklevoss.

eaze.jpg
It seems that after completing this latest round of funding, Eaze has decided to acquire Eaze.com, upgrading from EazeUp.com. I noticed that the domain changed ownership very recently, and has now started to forward to EazeUp.com.

Eaze.com has been registered since 1996, and looks to have been used by a company called Vision Design for a number of years. Interestingly, at the start of 2016, eaze.com was being used by a domainer to host a domain name marketplace before being sold fairly recently.

Domain brokerage company Media Options, headed by Andrew Rosener, did confirm that they were the broker for this deal, but couldn’t comment on the transaction.

No details of the sales price are available, but I would guess that this was a mid to high five figure sale. At what price would you value this domain? Have your say in the comments below.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Yesterday was a big day for the MJ industry with 5 new states (California, Massachusetts, Maine, Arizona and Nevada) voting for the legalization of recreational use. Other states approved medical usage. Even so its still illegal under Federal law. Obama chose to look the other way. What will Trump? Still a lot of big obstacles for the marijuana industry especially on the recreational side. Until those get worked out it will be very hard for large companies to develop on the space.
 
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I'd value this domain at $120,000 with a floor of 25% less.

What's to stop it from being purchased for $50,000 from the owner and then sold to his client for $80,000? A quick $30,000 profit plus commission. :xf.eek:
 
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I'd value this domain at $120,000 with a floor of 25% less.

What's to stop it from being purchased for $50,000 from the owner and then sold to his client for $80,000? A quick $30,000 profit plus commission. :xf.eek:
I would assume the paper trail would stop that. The owner should be well aware of who the buyer is and what they're paying.
 
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I would assume the paper trail would stop that.
It's a catch-22. The only way to retrieve that paper trail would be to ask the broker or the other party, but the broker could find that offensive and refuse to work with you again in the future.
 
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