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Rick Schwartz

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Most Expensive “Grass” EVER! Marijuana.com sells for $4.2MM

November 29, 2011
Morning Folks!! Can't make this stuff up. Marijuana.com sells for $4.2MM. Let's Party! http://techcrunch.com/2011/11/28/weedmaps-acquires-marijuana-com-for-a-kushy-4-20-million/ "The executives involved obviously have a sense of humor, but General Cannabis is a serious business: it’s traded on the OTCQX market, and a year ago it acquired WeedMaps, a popular ‘Yelp for Cannabis Dispensaries‘ site with a large following. WeedMaps was topping $400,000 a month in revenues at the time of the acquisition and it’s growing nicely — the site did over $1 million in gross revenues in July, and now sees 10 million page views a month." Rick Schwartz
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