Marijuana, Inc. Changes Name To Hemp, Inc. & Gets Licensing Rights to Hemp.com

Marijuana, Inc., a  publicly traded company, has announced that it changed its name and will now be known as Hemp, Inc. The company already traded under the HEMP stock symbol.

In the company’s press release, they also announced that it had secured the rights to use Hemp.com. According to the company CEO,    “With the acquisition of the exclusive licensing rights to the Hemp.com domain name providing a solid foundation for our stock symbol HEMP, it was a natural evolution.   Hemp.com is a significant asset for Hemp, Inc. and we intend to keep the integrity of Hemp.com intact as we implement a strategic marketing platform to greatly enhance the potential of Hemp.com.”

The company appears to have used MarijuanaInc.tv  for its previous website, so the Hemp.com domain name is certainly a major upgrade.

It is interesting to note that the company has a licensing agreement for the domain name, although terms of the license weren’t disclosed in the press release. A license agreement is another type of deal domain owners can use to generate revenue on their domain name.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

6 COMMENTS

  1. Hello Elliot,

    Hemp is almost but not quite a truncation of Marijuana. Of course Pot is also. Enter in Siri-Centric “Virtual Business Fondation” guidelines and it becomes increasingly difficult to make a choice of which is best in the long run.

    Good news is that these and other factors bring more money into the secondary market. More Players with more opinions. Siri-Centric “Virtual Business Fondation” Domain Names are transforming a New Gold Mine for Domainers.

    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)

  2. Elliot,

    I need your expertise. I googled one of my names this morning and, to my surprise, it came out first of the search out of 36 million (yes, you read right!) searches.

    I had registered the name a few months ago and redirected toward my main site.

    The name is artisanblunts.com

    I came up with it after I realized the potential of that field as Vermont was recently the 17th state of the Union to decriminalize marijuana.

    Any advice would greatly be appreciated.

    Thanks.

    Michel

  3. Elliot,

    When I type “elliotsblog” into google, your picture shows up to the left in search results next to your web listing.

    How did you accomplish this?

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Failed Transfers Aren’t Automatically Refunded

9
I keep most of my domain names registered at GoDaddy because I find it is easier to manage a portfolio at one registrar. Throughout...

Updated: Escrow.com No Longer Supporting Payments To/From China and Israel

5
Update: After publishing this article, I heard from Freelancer.com CEO Matt Barrie (Freelancer is the parent company of Escrow.com). Matt told me the information...

Atom.com Shares Non .com Sales Distribution

3
I have spent more money on non-.com domain names this year than ever before. My perspective is that startups are using them as less...

MAD Comment from NTIA About “Wholesalers”

4
Andrew Allemann wrote about the US National Telecommunications and Information Administration (NTIA) statement about the .com registry extension agreed upon with Verisign. As a...

Beware When Using AI for Domain Name Descriptions

6
Artificial Intelligence can be a time saver. For domain investors, it can make it easier and quicker to create marketing copy to help promote...