Former New Mexico Governor Gary Johnson Named CEO of Pot Firm

Image: Former New Mexico Governor Gary Johnson Named CEO of Pot Firm Former New Mexico Governor Gary Johnson.

Wednesday, 02 Jul 2014 09:56 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Former New Mexico Governor Gary Johnson will serve as president and CEO of a Nevada-based company working to develop marijuana products for sale in states where the drug is legal, such as Washington and Colorado, he said on Tuesday.

Johnson, the 2012 Libertarian party nominee for U.S. president and a longtime supporter of marijuana legalization, was named to the position with Cannabis Sativa Inc as part of the company's acquisition of another marijuana-related company, Kush.

Colorado and Washington state, in 2012 ballot measures, became the first U.S. states to legalize, regulate and tax marijuana for recreational use at the state level, despite a federal ban on the drug.

Colorado at the beginning of this year allowed marijuana retail stores to open, and Washington state officials plan to do the same this month. Twenty-two states and the District of Columbia allow medical marijuana.

Kush founder Steve Kubby, whose company has developed marijuana strains and products, will serve as the chairman of the merged company, according to a statement from the company.

"With the legalization of marijuana in Colorado and Washington, we are already seeing that the demand is significant. We believe the opportunity is here to deliver products that could change the world for the better," Johnson said in a statement.

Johnson, who had run a large construction company, was elected governor of New Mexico in 1994 as a Republican and served two terms, leaving office in January 2003.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Immigration Official: Agency 'Going to Be Ready' for Obama Orders

Tuesday, 21 Oct 2014 23:37 PM

The Obama administration is readying executive orders that would benefit as many as 11 million illegal immigrants in the . . .

Report: Leon Panetta's Memoir May Have Violated Secrecy Pact

Tuesday, 21 Oct 2014 23:22 PM

Former CIA director Leon Panetta clashed with the agency over his hard-hitting memoir "Worthy Fights," and let the publi . . .

Report: Opium Trade Booming in Afghanistan

Tuesday, 21 Oct 2014 23:07 PM

A new report claims Afghanistan's opium trade is booming despite more than $7 billion in American efforts to slow down t . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved