In anticipation of the legalization of marijuana, which will be made possible by the passage of Prop 19, some are beginning to purchase internet domain names in case marijuana goes web. In her New York Times Article titled "
Marijuana Web Names Snapped Up, in Case of Legalization," Malia Wollan describes that:
Mr. Faler, a former police officer who once worked the narcotics beat, has registered more than 1,000 marijuana-related Internet domain names, including oddities like icecreammarijuana.com and marijuanapastry.com. And he is not the only one banking on the drug’s online future. He is part of an Internet land grab for marijuana domains by so-called domainers who hope to sell their holdings at a profit, betting that more lenient marijuana laws will eventually drive more people to the Web for their supplies, whether they are seeking seeds, bongs, recipes or drug-laced dog treats.
Among the benefits that can come with the passing of Prop 19, which include diluting the influence of drug cartels and creating an economic boost for the state of California through taxes on marijuana, another benefit is providing a select few the opportunity get rich quick by purchasing internet domain names that marijuana product vendors might buy in the future, if Prop 19 passes. While this does not provide a significant economic boost, it gives some smart Californians the opportunity to get rich quick if Prop 19 and similar laws go into effect. These domain names are cheap now because they are useless due to the fact that Prop 19 still might not pass, but when marijuana laws become much more lenient, these domain names will be very desirable to online vendors, and the people who purchased the domain names will make a fortune.
No comments:
Post a Comment