CBD Research And Changing Cannabis Laws Fueling Active Market For CBD Domains Says CBDReporter.com
Industry: Health & Fitness
New Brunswick, NJ (PRUnderground) June 12th, 2017
The changing laws in many U.S. states regarding marijuana for both medical and recreational use, as well as research into the extracted cannabis compound called CBD has fueled significant speculator interest in domain names relating to marijuana, cannabis and CBD. Estimates put the recreational market for marijuana at a staggering $20 billion per year. There are now even a number of publicly traded marijuana related businesses. But the newest segment of the cannabis market that recently has been receiving much press attention is the CBD market. And along with the publicity surrounding CBD research is a fast growing aftermarket for premium high-level cannabis, hemp, and CBD oil domain names. See examples of here https://cbdreporter.com/cannabis-domains-for-sale/.
Over the past few years the extracted cannabis compound CBD oil has received substantial press coverage in the media including a special report about CBD on CNN. As a result most CBD and marijuana related domain names are no longer available for new registrations. That, of course, leaves the aftermarket where the asking prices are reflecting a perceived high growth CBD market. In 2004, over $1 million was paid for the domain name, “marijuana.com.” Reports have indicated the owner then turned down a number of offers for more than $2 million for the domain 5 or 6 years later, according to a story in the New York Times. Eventually, that domain name is believed to have sold for a staggering $4.2 million dollars in 2011. That is, of course, a rare example and it is unlikely anyone expects that level of aftermarket price for other related domains.
Since the largest retail outlets and advertising platforms such as Amazon and Google Adwords presently have restrictive policies for these niches, including for CBD oil sales, the importance of keyword-rich, generic domain names can be vital as many new companies will rely on organic search to help their promotional and retailing efforts. Accordingly some speculators are making large bets on cannabis, hemp, and CBD domain names. But, since most all of the premium high quality domains have been scooped up by domain name investors over recent years as legalization efforts have moved forward, the investment activity is now primarily in the secondary market.
Some of the domain names listed on CBDReporter.com include:
CBD DOMAIN NAMES
CBDWerx.com
CBDRevu.com
CBDOilWerx.com
CBDNewsPost.com
CBDNewsReviews.com
cbdtherapeutix.com
MARIJUANA DOMAIN NAMES
MarijuanaWerx.com
HEMP DOMAIN NAMES
HempRX.net
HempExtractCBD.com
HempExtractRX.com
HempExtractReview.com
CANNABIS DOMAIN NAMES
CannabisExtractRX.com
CannabisRevu.com
CannabisWerx.com
CannabisCBDrx.com
About CBDReporter.com
CBDReporter.com is a media company based in New Brunswick, NJ, that operates a CBD Product Information Portal.
