1. The New York Times looks at Internet domain name camping by hopeful marijuana entrepreneurs, in the dead heat of Prop 19‘s final days. “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. …
“The industry is estimated to be worth billions of dollars. A $13 million sale is pending for sex.com. In June, slots.com sold for $5.5 million and dating.com for $1.75 million. The New Jersey company that paid over $1 million for marijuana.com in 2004 says it has turned down five offers for more than $2 million for the domain in the last 12 months.” More news after the jump.
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