WeedMaps Acquires Marijuana.com For A Kushy $4.20 Million

weedmapslogo-1Yes, really. General Cannabis Inc. has just announced that it's acquired Marijuana.com. The company didn't disclose the details of the deal, but we've confirmed that the acquisition price was $4.20 million. Naturally. 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.

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