Multi-Million Dollar Marijuana.com Sale Made Possible By Escrow.com's Domain Name Holding Services
You probably heard about the sale of Marijuana.com (including both the domain name and the popular forum built on it) last November in a deal reportedly worth $4.2 million. We‘ve learned that, thanks to a service provided by Escrow.com that a lot of people are unaware of, WeedMaps was able to acquire the site without laying out that massive bundle of cash all at once.
Marijuana.com sold through innovative new service
January 13, 2012
You probably heard about the sale of Marijuana.com (including both the domain name and the popular forum built on it) last November in a deal reportedly worth $4.2 million. That would be a lot of cash for anyone to lay out at one time, including the profitable company that bought Marijuana.com, WeedMaps Media, Inc. (a firm that serves the medical cannabis community). We‘ve learned that, thanks to a service provided by Escrow.com that a lot of people are unaware of, WeedMaps was able to acquire the site without laying out that massive bundle of cash all at once.
WeedMaps used Escrow.com‘s Domain Name Holding Services (available for transactions valued at $75,000 or more)…