Over the last 10 years, cannabis has become a household word. Legalized for medicinal use in 37 states, and for recreational use in another 19, its acceptance as a substance with proven curative properties and enjoyable after-effects, has electrified the sales of this plant. A new report by experts at Leafy found that in 2019 alone, the cannabis market was valued at $13.6 billion; today, barely 3 years later, they estimate the legal market to be worth as much as $38.5 billion.
While legalization has barely affected the price of cannabis, it certainly has created jobs, and lots of them. In addition, legalization has revitalized state budgets. Tax revenue from legal recreational cannabis has surpassed all expectations. For instance, California reports collecting $50 million per month, with Colorado a distant second at $20 million per month,
The public’s broad acceptance of Cannabis has led to a surge in public interest regarding all aspects of the cannabis industry, including the plant and its derivative uses. CBD, the non-psychoactive product derived from the cannabis, is among the top three health-related Internet searches, right up there with diet and yoga.
Against this very optimistic backdrop for the cannabis ecosystem, the website Cannabis.net has become an easy-to-find, one-stop resource for all things Cannabis related. Whether one is a veteran cannabis user, or a rookie, Cannibis.net can provide the needed information. The site guides one through the hundreds of cannabis strains explaining their specifics in the form of videos and written pieces; it also serves as a guide to numerous cannabis-related events, as well as helping to locate dispensaries, and pertinent doctors. Information about online purchases of CBD and hemp products, including various cannabis-related paraphernalia, can all be found on the website.
The site is unique in the sense that it is the only one of the four existing cannabis websites to identify as an exact match domain. In 2016, Curt Dalton, the owner, bought the domain name at auction. An experienced computer scientist and a visionary start-up entrepreneur, he understood the potential of an exact match domain to generate traffic and key SEO markers in step with the booming cannabis market. This move has turned out to be farsighted and extremely profitable..
For those accustomed to relying on Leafy or Weedmaps for cannabis-related content, Cannabis.net may offer a better user experience The website’s blog and news section covers the entire cannabis universe: from walking one through the hundreds of cannabis strains to explaining their specifics in the form of videos and written pieces.
There’s a good chance that someday cannabis will be legalized nationwide. When this occurs, the cannabis industry and the commerce swirling around it will continue to grow. In the meantime, the value of an exact match domain like Cannabis.net is poised to keep pace with the overall marketplace. To check out Cannabis.net, visit it on Twitter, Facebook, YouTube or Vimeo.
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