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Just wondering what the general thoughts are about whether the recent trend to legalize marijuana will boost the prices of pot-related domains?
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I guess we've run out of decent unregged cannabis related domains. Domainers are going for 3-worders now, not that I'm gonna ride that wave.
It is holding time for me now as more states/countries are planning to legalize. Of course, I would still sell if I "have an offer that I can't refuse". Would I be able to hold for a couple of years though? All depends on how you guys are going to price your domains. I wish we can all agree to stick with VERY HIGH prices so that we can establish a solid base.
Only managed to secure 6 domains in this niche considering the minimal budget that I started with. 4 two-worders and 2 made-ups. 5 of them are handregs and 1 from closeouts. All in .COM. Would be interesting to know your cannabis domains count.
A few things to point out; this CEOs dislike of the " fragmented " United States rollout of Cannabis. Of course, he thinks Canopy growth ( and multinational plays on domains ) should be the standard. Well good news here it's going State by State if not county by county and town. In the USA Lots of new startups and not ONE, or in Canada looks like 5 or so, Cronos included major major players.
The other very important thing to mention is his " dislike " of not using intellectual property rights. This is trademarks and genetic coding on plants. Of course because he will possibly own say a large swath of our domains then. And try to fight them, you loose.
We are beyond lucky that people can't trademark as a rule. Yes their are go around but one cant walk into federal trademark court and get a weed trademark. Please don't berate me for the above. It's my personal call.
We sell more domains. Its somthing you as a small business owner can own. And even when the courts years down the road start accepting federal trademarks after Trump is gone the " common use " clause will be used on brands well established.
And a about the only silver lining I see with Trump ( for now ) is his hands off federally on Cannabis and the little Possum Sessions who for now is still there. They seem too have their hands full. Pisssing off 67% of the electorate on recreational and 84% on Medical would be stupid. And Mitch McConnell who loves Hemp.
If the Democrats take the house, good chance. Immediately this Spring we will see legislation that protects states rights at a minimum in this fragile federal formula involving Marijuana.
Happy Friday : this entire market is evolving perfectly for those holding domains in this space.
Danny
first time that I ever heard of that extensionNowCM .comma
Isnt that the second area in your neck of the woods that legalized medical marijuana?The Republic of Vanuatu legalises medical cannabis.
Interesting article - Australia's Neighboring Country Just Legalized Medical Marijuana
Cheers
Corey
Curious..was it a regged or negotiations?Picked up a new one -
CannaBuzz com
This was owned by Jon Schultz who sold Ebola.com for 6 figures. I actually bought another domain from him earlier this week too. Great guy and very knowledgeable!Curious..was it a regged or negotiations?
Great name (infused beverage?)..kinda figured it wasn't a reg but wasn't 100%This was owned by Jon Schultz who sold Ebola.com for 6 figures. I actually bought another domain from him earlier this week too. Great guy and very knowledgeable!