About Cannabis and Hemp Real Estate Marketplace
BUSINESS OVERVIEW
One of the most common challenges that professionals in the cannabis industry are facing is the ability to locate and procure the facilities and services that are necessary to operate or grow their enterprise. This website aims to eliminate these challenges by serving as the most comprehensive cannabis and hemp real estate marketplace dedicated to empowering consumers with data and knowledge directly related to business and real estate. It is the Zillow for cannabis and hemp use properties. In addition, this company has created an ecosystem of affiliated and complementary websites for services that are pertinent to the real estate transition such as real estate services, loans, insurance, banking, escrow, title insurance, etc...
The business is 100% B2B generating revenues through exclusive advertising agreements with service providers and featured (paid) property listings. It has acquired over 250,000 total users worldwide, of which, 20,000 to 30,000 are active each month, equating to approximately 100,000 to 150,000 unique monthly page views. A large portion of its traffic comes from search engines appearing nearly 100,000 times per month in search engine results.
The business has grown since inception and expects to continue growth as more States legalize cannabis across the United States. The passage of the Farm Bill in 2018, which legalized hemp, is expected to contribute to the company’s continued growth in 2019 and beyond. In addition, the company is strategically positioned to offer financial services tailored to cannabis and hemp businesses which, upon the passage of the SAFE Banking Act, will provide massive upside growth opportunities!
About the Business
Location:
Sacramento County, California
Year Established:
2016
Number of Employees:
0
Relocatable:
Yes
Home Based:
Yes
Market Outlook/
Competition:
This company is the first and the largest company to make this business model successful. Some of its competitive advantages include its large social media following as well as its ownership of very high quality domains and complementary landing pages.
Growth & Expansion:
Huge Growth Potential: As cannabis and hemp industries continue to grow in the United States, the opportunities to expand the business model grow as well. This business is already generating significant leads for financial services including loans for property, equipment, insurance, investment and business opportunities, making this is an ideal acquisition target for a financial services company to vertically integrate and scale these leads and underwrite $100’s of millions in loans. Additional strategies for future growth include: tiered access to listings with a fee membership program, additional advertising revenue, and increased premium listing fees.
