Author name: Marijuana

The crypto market has a lot in common with the marijuana market. Hence my avid interest in both. One thing I always advocate is, only invest in what you understand and have a passion for. About about the legal marijuana market The global legal marijuana market size was valued at USD 21.0 billion in 2023 and is projected to grow at a compound annual growth rate of 25.7% from 2024 to 2030. Increasing demand for legal marijuana is a major factor in growth of the market. Recently, many countries have legalized the use of medical marijuana for treating various conditions. For instance, in June 2023, Luxembourg legalized possession and cultivation of cannabis for recreational use and became the second European Union member country to legalize it. In addition, North America (the U.S. and Canada) has gone a step further and has sanctioned the use of recreational marijuana as well. More than two-thirds of the U.S. states have legalized marijuana. A by-product of this growing market is the developing ecosystem supporting the growth. That includes the thousands of new operating licenses and the huge increase in entrepreneurial activity. And what do all these new companies need? Domain names. This is a great time to be snapping up catchy names in the marijuana space before the rush. And you will be pleased to know there are plenty of quality names still available. Three areas that we like are online stores, advisory and cryptocurrency. These are all in their infancy right now but as more countries legalize so entrepreneurial activity will expand. And of course if the US Federal Government legalizes there will be a massive rush to be part of this revolution. In this article I would like to talk about three domain names with strong profit potential, two com’s and one .net. ____________________________________________________________________________ CannaAdvise.com Registered 2017 Comparables CannaAdvisors.com is for sale for $5k Valuation GoDaddy valuation $2,026 Valuation key points: Price $395 Buy Through GoDaddy Our Assessment All industries need advisors and the marijuana industry is no different. CannAdvise.com is the perfect name for anyone considering entering the advisory side of marijuana. A price of $395 is a bargain basement price considering it is significantly less than the GoDaddy valuation and also less than a tenth of the price of CannaAdvisors.com arguably a less attractive and catchy name. It’s an ideal name for a flip with a target price of between $2,000 and $3,000. MarijuanaCash.com Registered 2011 Comparables MarijuanaDollar.com for sale for $13,388 Valuation GoDaddy Valuation $2,217 Valuation Key Points Possible uses for MarijuanaCash.com Marijuanacash.com could be used for various purposes related to the financial aspects of the marijuana industry, such as: Price $2,295 Buy Through GoDaddy Our Assessment We like this name a lot. It’s very catchy and has many possible uses and end users. We think the GoDaddy valuation is irrelevant here. If someone wanted to launch a marijuana based cryptocurrency for instance this would be an ideal name and command a price north of $10k. It’s one to buy and hold. OrderMarijuana.net Registered 2013 Comparables OrderMarijuana.org recently sold for $1,750 Growing-Marijuana.org sold for $1,506 Valuation GoDaddy Valuation $2,194 Saw valuation $9,000 Key valuation points Price $690 Buy Through GoDaddy Our Assessment Based on comparable sales and valuations we would expect a price of between $1,750 and $5,000 on any flip leaving an owner with a significant profit on this competitively priced domain name. Discover more quality domains at DomainMoonshots.com – The leading domain listing platform that favors affordable quality over quantity. Listen to our bi-weekly podcast, Domain Moonshots, where we reveal two premium gems on every show. Stay ahead of the crowd, be one of the first to view coveted domain names. Listen to the Trailer here ____________________________________________________________________________ Mastering Domain Name Investment  – Now Available on Amazon. Probably one of the most comprehensive books available on domain investment It’s all here This blog does not represent financial advice. Readers should always seek independent financial advice. Never invest more than you can afford to lose and remember an investment in domain names is high risk.