|
|
|
|
|
|
|
|
Here's the The Lowdown
from DN Journal,
updated daily
to
fill you in on the latest buzz going around the domain name industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson. |
|
|
|
|
|
|
|
Legal
Cannabis Boom Gives Birth to New Domain
Aftermarket Devoted Entirely to Names for that
Industry
|
|
Almost
all of our readers
are familiar with domain aftermarket
platforms like Sedo, Afternic,
BuyDomains, SnapNames,
NameJet, GoDaddy Auctions,
Uniregistry Market, Flippa
and many others.
One thing they all have in common is
a vast inventory of domains
covering
|
|
every conceivable product, service or
category. As the domain industry has grown
an interesting thing we have
started seeing is the arrival of specialty
aftermarket sales platforms that are
dedicated to a single vertical
or category (for example
BrandBucket who focuses solely
on selling brandable domains -
typically made up names or word
combinations that wouldn't normally
be used together).
The
latest example of this trend is ElevatedNames.com
- a just launched marketplace
dedicated to entirely to domains for
the rapidly emerging legal cannabis
industry. Here in Florida a
constitutional amendment legalizing medical
use of marijuana just passed
this month.
More than half of the states in the
U.S. have now legalized cannabis for
medical and in some cases even recreational use in
one form or another.
According
to Forbes Magazine,
"the legal cannabis
Industry is set to top $7
|
Cannabis
image from Bigstock
|
|
billion
in revenues
in 2017." Anytime new
industries are created new domain
names are going to be needed to
represent those enterprises online and
forecasts indicate thousands of new
canna-related businesses will launch
within the
next few years. The magnitude of the
opportunity convinced ElevatedNames
CEO and Founder Farley Cahen
that now was the time to move
forward with the marketplace, but he
is no newcomer to the cannabis
field.
|
Farley
Cahen
CEO & Founder,
ElevatedNames.com |
Cahen
told me, "I’ve
been involved in the
cannabis industry for nearly
five years
and co-founded and
launched MG
Magazine a
year and a half ago."
MG is a printed
business-to-business monthly
magazine that highlights
"the people, plants and
products that drive this
fast-paced industry
forward."
Cahen
said, “We are extremely
excited about the launch of
ElevatedNames.com and we are
proud to offer existing and
new cannabis entrepreneurs
these valuable domain names
at reasonable prices. Our
team of cannabis
professionals and domain
experts has taken great care
to offer some of the best
internet real estate to this
blossoming industry.”
“We
have been diligent in our
approach to acquire domain
names which we feel can be
easily developed and which
will add immediate brand
value and recognizability to
cannabis-related
organizations.
Additionally |
|
keyword-rich
domains are tremendous
assets and are often
critical to a brand’s
search engine position and
overall value," Cahen
said. |
Cahen
noted the ElevatedNames website will
be updated regularly with new domain
additions as well as a soon-to-launch
blog that will help to inform
readers about cannabis industry
related topics. He added.
"Domain owners interested in selling
their names to or on the website,
may contact the company directly to
discuss terms and details. Visitors
are encouraged to explore the
website and are welcome to contact
the company through the form on the
site or directly at [email protected]."
|
|
|
|
|
|
(Posted
November 18, 2016)
|
|
|
|
|
|
|
|
|
For
all current Lowdown posts - Go
Here
|
|
We need your help to keep giving
domainers The
Lowdown, so please email [email protected]
with any interesting information you might have. If possible,
include the source of your information so we can check it out (for
example a URL if you read it in a forum or on a site
elsewhere).
|
|
|
Home
Domain Sales
YTD Sales Charts
The Lowdown
News
Headlines
Articles
Resources
Classified Ads
Archive
About Us |
|
|
