Marijuana, Inc. Changes Name To Hemp, Inc. & Gets Licensing Rights to Hemp.com | DomainInvesting.com

Marijuana, Inc. Changes Name To Hemp, Inc. & Gets Licensing Rights to Hemp.com

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Marijuana, Inc., a publicly traded company, has announced that it changed its name and will now be known as Hemp, Inc. The company already traded under the HEMP stock symbol.

In the company’s press release, they also announced that it had secured the rights to use Hemp.com. According to the company CEO,  “With the acquisition of the exclusive licensing rights to the Hemp.com domain name providing a solid foundation for our stock symbol HEMP, it was a natural evolution.  Hemp.com is a significant asset for Hemp, Inc. and we intend to keep the integrity of Hemp.com intact as we implement a strategic marketing platform to greatly enhance the potential of Hemp.com.”

The company appears to have used MarijuanaInc.tv for its previous website, so the Hemp.com domain name is certainly a major upgrade.

It is interesting to note that the company has a licensing agreement for the domain name, although terms of the license weren’t disclosed in the press release. A license agreement is another type of deal domain owners can use to generate revenue on their domain name.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (6)

    Jeff Schneider

    Hello Elliot,

    Hemp is almost but not quite a truncation of Marijuana. Of course Pot is also. Enter in Siri-Centric “Virtual Business Fondation” guidelines and it becomes increasingly difficult to make a choice of which is best in the long run.

    Good news is that these and other factors bring more money into the secondary market. More Players with more opinions. Siri-Centric “Virtual Business Fondation” Domain Names are transforming a New Gold Mine for Domainers.

    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)

    June 5th, 2012 at 1:24 pm

    Michel

    Elliot,

    I need your expertise. I googled one of my names this morning and, to my surprise, it came out first of the search out of 36 million (yes, you read right!) searches.

    I had registered the name a few months ago and redirected toward my main site.

    The name is artisanblunts.com

    I came up with it after I realized the potential of that field as Vermont was recently the 17th state of the Union to decriminalize marijuana.

    Any advice would greatly be appreciated.

    Thanks.

    Michel

    June 8th, 2013 at 9:29 am

      Elliot Silver

      I don’t know what kind of advice you are seeking, but I don’t offer domain consulting services – sorry.

      June 8th, 2013 at 9:31 am

    m

    Elliot,

    When I type “elliotsblog” into google, your picture shows up to the left in search results next to your web listing.

    How did you accomplish this?

    June 8th, 2013 at 9:56 am

      Elliot Silver

      Google Authorship

      June 8th, 2013 at 10:01 am

      m

      Mucho Gracias

      June 8th, 2013 at 10:06 am

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