Back to Listings 7 Year Old Daily Cannabis News Site - Google News Approved - 85% US Traffic - $62.2K in Profit LTM

Asking Price : $135,000

Annual Gross Revenue : $64,999

Annual Net Profit : $62,279

Profit Multiple : x2.17

Inventory Value: -

R-Index : 163

Order a Professional Assessment

From the Broker

For sale is a 7 year old daily news site focused on the United States consumer and commercial cannabis industry. It was first launched by the current owner in 2011 and has proven organic YoY growth thanks to a focus on high-quality, news style (AP) content. With over 15,000 current keyword rankings, 700 of which are top 10 in Google US, as well as Google News approved, the site is in a strong position to continue taking advantage of the surging demand of the legal weed industry (expected to grow from $14B in sales in 2016 to over $63B by 2024 globally.

The site's revenue is mostly generated from direct ad sales (10 active contracts, 5 active longer than 1 year, none representing more than 50% of total revenue). There is ample room to increase revenue by adding e-Commerce offers, testing cannabis approved ad networks, improving conversion rates, and more.

The owner puts in no more than 20 hours a week maintaining the site. For the full information pack, please request access to our buyer dashboard.

View Full Listing Back to Results

Listed By

Sale Pending: Yes

First Seen: Fri, Sep 7th 2018

Last Updated: Fri, Dec 7th 2018

Rhodium Weekend 2015
Never Overpay Again. Download the 2019 Website Buyer's Report