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TheDomains.com

Marijuana.com Sold For $4.2 Million

November 29, 2011 by Michael Berkens

According to TechCrunch.com the domain name Marijuana.com was just purchased by General Cannabis Inc. which owns the popular site WeedMaps, for $4.2 Million dollars.

According to TechCrunch,  WeedMaps did over $1 million in gross revenues in July.

“”The acquisition includes both the valuable Marijuana.com domain name and the existing site/content, which currently consists of a bulletin forum that centers on cannabis discussion and generates 3.5 million page views per month. “”

Also according to a press release today, “Marijuana.com was launched in 1995 and boasts a user base of over 300,000 registered users.”

So its certainly not a “pure” domain name sale but a pretty impressive sale none the less.

 

 

Filed Under: Domain Sales

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. Abdu says

    November 29, 2011 at 9:11 am

    I’m visiting in Dubai at this time and can confirm that the site is blocked there.

  2. Michael H. Berkens says

    November 29, 2011 at 9:32 am

    Abdu

    The users of this site are in California, that is where the users are, the visitors come from, and the money is made.

    So I’m sure the sites owners could care less that the site is blocked in Dubai or anywhere else out of the US.

  3. Joe says

    November 29, 2011 at 9:56 am

    Anyway it’s not a domain sale, since the community built on the name was kept. On the contrary, Order.com for mid $xxx,xxx was a pure domain sale (at six figures, it was largely undersold IMO).

  4. TheMarijuana.com says

    November 29, 2011 at 10:09 am

    Very nice sale! Thanks for sharing!

    TheMarijuana.com

  5. JJ says

    November 29, 2011 at 10:12 am

    Things don’t add up with this report.

  6. Andy Booth says

    November 29, 2011 at 10:43 am

    Kicking myself for having sold Weed.com fairly cheaply.

  7. John Berryhill says

    November 29, 2011 at 11:27 am

    Well, Andy, that was all just stems and seeds anyway.

  8. matt mernagh says

    November 29, 2011 at 11:48 am

    This makes plenty of sense. As a professional pothead the domain has plenty of value, especially in the growing medical marijuana industry. Over a dozen states have medical marijuana and Canada has a national program. Many other nations do too. I’m not surprised Marijuana.com went for $4.2 million. The industry continues to expand given its greatest problems are prohibition. 4.20 is a special number on cannabis culture.

  9. domain guy says

    November 29, 2011 at 12:54 pm

    marijuana was an active site with lots of content way way more than a domain. And with the growing medical marijuana community nationwide this sale is a big deal. colorado recently stated that marijuana
    dispensaries now outnumber starbucks..which is a big deal.

    what was the figure a couple hundred thousand base with marijuana selling at $2-400 an ounce?One top dispensary in california grossed over 20 million a year.This is a budding industry….

  10. BullS says

    November 29, 2011 at 1:26 pm

    Passing the peace pipe to you all.

    Very good for me as I own many quality marijuana domains

    marijuanaGuy dot com

    marijuanadomain dot com and many more!!

    States are approving the legalization of Marijuana as it brings in revenue and the war agst drug is a JOKE!!!

    Legalization of Marijuana-gay and online gambling.—all coming soon so is the opening of Cuba.

    Come on Obama-time to step up or step OUT

  11. Tom G says

    November 29, 2011 at 2:13 pm

    It’s time to move to Colorado or California.

  12. grass.me says

    November 29, 2011 at 2:13 pm

    Great sale! Congrats to both seller & buyer.

  13. LindaM says

    November 29, 2011 at 4:36 pm

    Great sale, I wonder how much both buyer and seller factored the value toward the domain name or the website. Hard to say as both are unique.

    MHB: “The users of this site are in California, that is where the users are, the visitors come from, and the money is made.” – yup. I own Pot.LA , I wonder if they would be interested to acquire this name too.

  14. Hal Meyer says

    November 29, 2011 at 10:23 pm

    Very exciting! It’s good news that there is money to be made from online discussion forums related to the burgeoning marijuana business.

    My company has an old short dotcom– PotForum.com –which is also highly suitable for a similar online hub in this billion dollar industry. Our domain is for sale, and we’re leaving alot of money on the table 😉

  15. ri.sk says

    November 30, 2011 at 1:53 am

    A long and awkward name that’s beset with legal difficulties. Obviously, if it was trading as a biz and making money then it puts a different perspective on things, but in isolation i’d say the name is worth less than a 1/10th of that figure.

  16. Thanh Duong says

    November 30, 2011 at 11:45 am

    Nice! Congrats to buyer and seller!

  17. Johnny Ringo says

    January 1, 2012 at 1:57 pm

    Talk about a “High” traffic domain !

  18. Stu Holly says

    February 22, 2013 at 1:46 pm

    I wonder how much Marijuana.com is worth now?

    Could this domain have doubled in value in just over 1 year?

    I think so…..

  19. JNet says

    February 22, 2013 at 1:49 pm

    Talk about hitting a Jack”POT” !

  20. BullS says

    February 22, 2013 at 1:52 pm

    I wonder how much Marijuana.com is worth now?

    Going to worth lots and lots as the world is watching WA/Co how they going to make money.

    I live in WA and getting ready on the license and also I own many good marijuana domains
    marijuana123.com
    pot123.com
    marijuanaGuy.com
    marijuanaCatalog.com
    and more at MarijuanaDomain.com
    Every day I get lots of inquiries to sell my domain…

  21. JNet says

    February 22, 2013 at 1:55 pm

    Just got an inquiry on Marijuana420.com yesterday

  22. Stu Holly says

    February 22, 2013 at 1:56 pm

    Bulls , I have a few –

    SpaceCakes.com
    CannabisFood.com
    MarijuanaConsultant.com
    ComparePot.com
    PotComparison.com
    PotSpecialist.com

    This area is set to explode, trust me.

    Cheers

  23. BullS says

    February 22, 2013 at 1:59 pm

    This area is set to explode, trust me.—-

    It is already is….

    So in internet online gambling. NJ is going to approve internet gambling and the Tribal Casinos are sweating right now.

  24. Jideofor Igbelina says

    June 9, 2013 at 7:28 pm

    Wow… That is cool. And I own Marijuanize dot commercial.


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