Cannazon Market is Shutting Down

Cannazon Market is Shutting Down

Cannazon, a popular marketplace for marijuana and related products, willing be voluntarily shutting down.

In the retirement message on the market’s homepage, the administrators of Cannazon wrote that users will be able to access the market through the 28th of this month. The announcement comes after some extended downtime due to a heavy denial of service attack.

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The message is below. At the bottom of this post is the signed version as well as the marketplace’s PGP key. The message appears to be legit.

Dear community,

TL;DR: We are retiring. No exit scam. All orders finalized. All vendors got their money.

Everyone knew that this day would come. No market will be here forever. We are officially retiring.

Most important things first:Since our first days it was pretty clear for us that we will never do an exit scam like some other markets. We prepared a strategy to minimize the risk of vendors exit scamming and buyers loosing money.The massive DDOS attack was a very good chance to lower the number of orders and we decided to keep the market partially offline afterwards. This is the reason why the market was not reachable and not fully functional in the last days. By this, we could ensure that the number of orders was minimized and all paid orders were shipped.

We are very sorry that we had to keep you in the dark for the last days. In our opinion this was the best way to prevent some vendors from trying to exit scam, harming you and the community.

All open orders have been finalized now, disputes have been settled and refunded eventually. All vendors are able to withdraw their money. If your most recent order is delayed, you can still contact your vendor on the market regarding this. Important: If some vendor did not manage to get all his signed Bitcoin multisig transactions, he can get them from an encrypted message which will be published on Dread later this week. The market will be accessible at least until November 28th.

– From the first day we tried to offer our buyers and vendors a better experience than other markets. According to the feedback we have received over time, we did quite a good job.

However, the best job did someone else: You, our community, all the vendors and buyers.

You support us since the beginning and put your trust in our platform.

We would like to thank you for that. We hope that everyone of you finds some good alternative for buying or selling cannabis products. Moreover, we hope that other markets will follow this path and consider retiring gracefully.

Please stay safe and thanks again for everything.

Your Cannazon Team

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Cannazon’s retirement closely followed the retirement of White House Market. There will be an opening in the sector for another market that caters to a similar customer base. CannaHome, another well-known marketplace for marijuana users, thrived alongside Cannazon for some time, indicating that there is room for more than one market with the same user in mind.

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