Ganjapreneur, a website targeting professionals in the cannabis and marijuana trade, announced a new domain name sales marketplace. As you would expect, the focus is on domain names related to the business of cannabis and marijuana. With the legal status of marijuana and cannabis usage changing in many states over the last few years, this industry is growing considerably.
The company announced the launch of the marketplace in a blog post yesterday, and Andrew Rosener, CEO of Ganjapreneur, shared some additional information about the domain name sales marketplace:
“I’m really excited to announce a new marketplace for cannabis domain names and any domain name that may be a good brand fit for an upcoming cannabis startup or product. After all, many of the best brands don’t inherently imply cannabis at all. The marketplace is highly curated (pun intended) and our objective is to eliminate all the noise (filter out low quality domains). To do so, we charge $99 per domain listing and manually review each and every domain submitted. We also offer a substantial discount for listings of 10 domains or more. This ensures that sellers have some skin in the game and are serious about selling their domains. In return we will bring the best buyers available to your listings. We are also price / value checking every domain. We will not allow names which we don’t think are priced accurately or within reason. To be sure, our target market is end users: cannabis processors, growers, dispensary owners, manufacturers, real estate operators, investors & dreamers. Although, there certainly are great value opportunities as well for savvy domain investors in the know.
We feel strongly that the “pay to play” model of marketplace is justified and appropriate in this case. Between our organic web traffic, podcast, newsletter, video content and our Social Media presence, Ganjapreneur.com and our other media channels reach nearly 5 million people monthly! According to a recent survey we conducted, our subscriber base is 70% cannabis business owners or people who are planning to launch a cannabis business. What that means is, even if we can’t guarantee that your domain name will sell, we can guarantee that it will be seen by the most relevant audience of potential buyers in the World!”
An interesting addition to the news is that I am told Name.com (and Rightside) are partnering with Ganjapreneur “to bring to market some of their own premium cannabis related domain names from their new and existing TLD’s,” Andrew told me. Of note is that Name.com is located in Denver, Colorado, which is probably the most marijuana-friendly area in the United States. I would imagine there are plenty of cannabis-related keyword domain names in the new extensions that the company could offer for sale.
I don’t have details about commissions, brokerage services, or other pertinent details about marketing, so you’ll need to connect with the Ganjapreneur team to learn more.