The consensus is no.
I got a good chuckle this morning from an article on Merry Jane, a website about marijuana.
Sedo domain name broker Dave Evanson reached out to the company to see if it wanted to buy Kush.com for $3 million. Kush is a strain of cannabis flower.
Merry Jane pointed out that you can buy a lot of weed for three million bucks. But is the domain worth it?
First, the company reached out to Sergio Stephano, who runs an agency called Adaptia and previously ran a site called WeedWall. Stephano expressed his displeasure and domain investors, but then he brought up a really good point: If Marijuana.com sold for $4.2 million, it’s a stretch to say that the less-desirable Kush.com is worth $3 million.
The publication then turned to domain investor Mike Mann for an opinion. Mann, as always, was willing to give one: “The sellers will be happy as sh*t if you give them $500,000…”
Merry Jane reports that the asking price has already been lowered to $1.7 million.
You can read the full story here. (Note that the article erroneously states that Sedo owns the domain name. It is only the broker.)