Member-only story

How to Make Money Buying Premium Domain Names in the Marijuana Space

Domain Moonshots
4 min readApr 19, 2024

--

Three quality domain names with strong profit potential

The crypto market has a lot in common with the marijuana market. Hence our 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…

--

--

Domain Moonshots
Domain Moonshots

Written by Domain Moonshots

The platform for side hustle, startup and domain name ideas. Find your Moonshot! Visit: https://domainmoonshots.com/ or our sister site: www.CoinDomain.store.

No responses yet