Ex-New Mexico Gov. Named CEO of Nevada Cannabis Company

Photo of Gary Johnson for medical marijuana

A publicly traded marijuana company in Nevada has hired New Mexico’s former governor, Gary Johnson, as its chief executive officer.

Cannabis Sativa Inc. hopes to manufacture marijuana oils and edible products for recreational and medical markets, including Colorado and Washington State.

Johnson is perhaps the highest-profile former politician to enter the U.S. cannabis industry. He launched a presidential campaign in 2012 for the Libertarian Party and served as governor of New Mexico from 1995 until 2003 as a Republican.

Johnson will be paid $1 a year and receive the remainder of his compensation as equity in the company.

Cannabis Sativa, which trades under the symbol CBDS on the over-the-counter markets, announced the acquisition of the company Kush alongside Johnson’s hiring. A press release described Kush as a “development-stage company engaged in the research, development and licensing of natural cannabis products.”

The company currently produces a cannabis lozenge and cannabis cream.

Daily News | Briefs | Dispensary/Retail Store Business News | Nevada Medical Cannabis Business & Marijuana Legal News

 3 Comments

  1. Tony July 2, 2014
  2. Jason Gold July 2, 2014
    • Stonewall July 22, 2015

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note: Comments are moderated by our editors who do their best to approve comments ASAP. As Marijuana Business Daily is focused on business, we approve comments that are specifically relevant to industry professionals. General opinions and questions about cannabis may not be posted.