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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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Just out of curiosity - has anyone found a marketplace that is doing a good job catering to this nitche? I have names in several different markets from BrandBucket, to various markets/ auctions, my own site/s for more premium ones. etc. Ganjapreneur, I would like to try - just not confident enough in my valuations (canna specific) to risk the high fee yet - but, seem where you want a couple of good ones posted. Any other markets people are seeing some "relevant" traffic to?
Hemp
There is three markets
1. The top grain part is a nutritious protien. Hemp power bars at Starbucks, or a muscle protien as in a isolate.
.70 to $1.40 a lb
2. The CBD extract of the flower for commodity type oils
$18 to $100 a lb. Cheap ( commodity ) CBD; think caffeine in a red bull.
3. The rest of the plant for a couch or a shirt $100 too $140 a ton
How many business are there? Seems like alot. All new or farmers adapting to a new end use product.
All of the above is pending the farm bill. Although as I prior mentioned it's a priority of both Mitch McConnell and Trump to get it passed. Both were quoted last week saying such.
Interesting article - Hemp seed can be sold as food | MPI - Ministry for Primary Industries. A New Zealand Government Department.
Cheers
Corey
Category one. That’s insane.Once the Farm Bill Passes
https://www.reuters.com/article/us-...for-quick-progress-on-farm-bill-idUSKCN1NI1EY
Hemp ( CBD ) in the should be re scheduled. Its currently a category #1 narcotic ( equal to heroin ) unbelievably so. The small percentage mentioned here is not a hemp cbd policy. This article is to update where hemp is at. In September.
https://hempindustrydaily.com/dea-takes-cbd-off-schedule-1-with-fdas-approval/
This will take all CBD domains and Hemp ones and make them substantially more valuable.
I also think that legalizing Hemp will enable these farmers access to TM courts and genetic patents. As well as trade using the federal banking system.
Folks Hemp is not Marijuana. I see Cannabis legalization on the Federal Level as a N0 GO, at least anytime soon.
@PotNames who are you referring to?
Cheers
Corey
Since my "cannabis" niche domains are fairly new, and legalization still new (Canada) been getting the occasional low ball offer. Figured to sell them around the mid XXX range.Anybody interested in responding. Just curious how the market is treating others. Wondering if people are replacing sold inventory with these hand registrations, or just adding to their collections.