NameSilo

CBD.World sold $20K

Labeled as new gTLD in Domain Selling and Domain Sales started by jmaurya, Oct 9, 2019.

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  1. jmaurya

    jmaurya Top Member VIP

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    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. jmaurya

    jmaurya Top Member VIP

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  3. maxtra

    maxtra Let's make a deal Gold Account VIP

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  4. jmaurya

    jmaurya Top Member VIP

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  5. NameJi

    NameJi The Domain Lover Gold Account

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    wow, what a sale. Great to know the change of hands in a short time.
     
  6. NameJi

    NameJi The Domain Lover Gold Account

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    5X - 10X all the way. :)
     
  7. wwwweb

    wwwweb Top Member VIP ★★★★★★★★★★

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  8. wwwweb

    wwwweb Top Member VIP ★★★★★★★★★★

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    So since June 2019
    $1.85 (bought by Grego85)
    $420 (brands open bought)
    $5K (bought by BQDN)
    $20K - end user?
     
  9. ksusha64

    ksusha64 Top Member VIP

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    I should of been the person to buy it from grego85 for $3 and resell for 20K. Too bad LOL :)
     
  10. BrandsOpen

    BrandsOpen SalesBusiness.com Gold Account VIP

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    Great example on risk vs reward in domaining. Each party earned a decent ROI on that name, especially when taking the holding time into account.

    Edit: My $420 purchase also included 8-9 other names, including CBD / Network (bought also by BQDN under NDA). Sold several other names in that bundle purchase as well. And I still have some nice names left.
     
    Last edited: Oct 9, 2019
  11. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    Wow congratulations to the sellers all along the chain. As others have said, taken as ratio of selling to purchase everyone did OK. As nice as the word is, I am surprised it fetched $20,000. It makes it almost a factor of 2 higher than the previous high in that extension, Good(.world) sold in May for $10,500.

    I do like .world as working well for store names, reference sites, etc.

    Bob

    PS According to Dofo CBD is registered in 489 extensions and for sale in 112. Must be one of the most registered terms.

    PPS Not sure if it was mentioned, but it is redirecting to Haze Organics, a UK based store.
     
    Last edited: Oct 9, 2019
  12. Brands.International

    Brands.International formerly lolwarrior Gold Account VIP

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    I personally think this is really too fast pace of resale - why just not to extend such great name for few years ahead (this one has standard renewal only, you can keep it very easily), and wait a bit ? :)
     
  13. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    While I see your reasoning, especially with low renewal, given that it is highest sale in extension and at some point the CBD market will mature and rate of new businesses needing domains level off, I think it was wise to accept this. Although I know nothing really re CBD market, and it is a nice domain!
    Bob
     
  14. Samer

    Samer Member VIP

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    Not to rain on everyone’s parade..

    CBD.biz sold for 90k September 2018, by mCig, a public company, bottom of page-17 latest quarter.

    CBD is like the one word outlier?
     
    Last edited: Oct 9, 2019
  15. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    Where did you find the .biz sale? Not in NameBio and not a comparator listed on GoValue. Thanks.
     
  16. Samer

    Samer Member VIP

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    I like finance so I invest in stocks.
    Doing my due diligence on stock named mCig and reading their latest financial reports, in the link you quoted me (i hyperlinked) you’ll find this info bottom of page-17. i never use Namebio. These things really take effort to dig and find, found accident, thinking investing in mCIG. look at how much mcig stock is; you’ll understand, why, i read the entire doc...lol!

    https://www.mciggroup.com/wp-content/uploads/wpmc_sec_filings/957/957.pdf
     
    Last edited: Oct 10, 2019
  17. Keith

    Keith Top Member VIP ★★★★★★★★★★

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    NameBio should dissolve the operation. Many reported sales there are false...
     
  18. Samer

    Samer Member VIP

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    Last thing Bob and everyone!

    “mCIG group” is their domain.
    Please enter mcig(com) into the url see best DN sale page of my life lol. Cant afford to buy mcig domain...
     
    Last edited: Oct 10, 2019
  19. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    Thanks, also interesting @bmugford used to own this name.
     
  20. DomainBarracksRob

    DomainBarracksRob Top Member VIP

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    Yep!

    Between NP and LinkedIn I watched it get passed up all the way to the , “Touchdown “!!! Lol

    In the reg thread I even commented that the $1.85 reg was a MasterStroke score !!!

    I would have bought at resell at the time if could of but I was tied up on to many other endeavors !

    Props and congrats to all that made there sales and profits on this name!

    Wild to see it go through that many hands and now if you visit it it forwards to the Endusers site !


    Great name !
     
  21. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    This also looks like it might not have been an arms length transaction on CBD.biz


    The Company entered into a secured convertible promissory note with Redfern. The note is due on September 14, 2019. Should Redfern default the Company may convert the secured promissory note into 40 million common shares of the Redfern representing approximately 75% of the business. Should the Company not elect to convert in the event of nonpayment by Redfern, the Company may take possession of the domain www.cbd.biz and its business operations.

    This might not have been an arms length transaction, you can check out CorporationWiki.com

    [​IMG]
     
  22. wwwweb

    wwwweb Top Member VIP ★★★★★★★★★★

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    I think we need to take into account BQDN is not a passive type seller, he probably sought out the right end users, and closed the sale as he has good experience with high value domains. The letters CBD sure didn't hurt his cause. I think if it was passive, siting on a parking page, it would still be sitting there today.
     
  23. Brands.International

    Brands.International formerly lolwarrior Gold Account VIP

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    Was watching the name as well. I think Namepros is actually still very good venue to get some new gTLD bargains for good price, as still many members can not see/understand the potential of those domains. Would wonder how much it would sold for in case it would be put in auction here .. probably not more then 100 USD :)
     
  24. wwwweb

    wwwweb Top Member VIP ★★★★★★★★★★

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    Ok, this is a weird scenario.

    It looks like CBD.World forwards to haze organics.

    Not to long ago, I sold JamesBooth.com, but JamesBooth.com forwards to the same site? Does he own, or co-own this company which looks like it is UK based, where he hails from?

    HazeOrganics.com is owned by him also.

    I do like the site, and the brand of this Haze.
     
    Last edited: Oct 10, 2019
  25. Keith

    Keith Top Member VIP ★★★★★★★★★★

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    I’d say take this reported sale with a grain of salt. Could the seller be the buyer?...
     

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