Tech investor donates $200K to AZ adult-use legalization effort

Scott Banister, a Silicon Valley entrepreneur who has been an angel investor in Facebook, PayPal, Zappos, Uber and SpaceX, has donated $200,000 to the recreational marijuana legalization effort in Arizona.

While a student at the University of Illinois, Banister co-founded two technology companies, IronPort Systems, which was bought by Cisco Systems, and SubmitIt, which is now a part of Microsoft, according to the Phoenix Business Journal.

Banister has supported other marijuana initiatives in the U.S. and backed the 2016 presidential bid of U.S. Senator Rand Paul, who supports cannabis legalization.

Several well-known Arizona businesses have donated to the anti-legalization campaign, including U-Haul International and Discount Tire.

Arizona voters will decide on the legalization referendum, known as Proposition 205, on Nov. 8

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One comment on “Tech investor donates $200K to AZ adult-use legalization effort
  1. Robert Hempaz, Phd Trichometry on

    Rob Kampia of the #MPP was in downtown Scottsdale at the Saguaro Hotel on a sponsor from “The Cannabis Industry dot org” ( NCIA ) this past Wednesday evening. There he laid out the final (13) days of the campaign until election day on Nov 8th. Lo and behold, the Prohibitionists in Az are hitting back very hard. Discount Tires, for example, a mainstay business throughout the Phoenix Metro area donated … this is a “biggie” … $1,000,000 cash to purchase a bunch of “false” television spots. One of the “false” ads that keep showing up in the TV spots and across the Internet is the “Don’t fall on the grenade like Colorado did!” B.S. spouted by Seth Liebsohn and his merry band of Prohibitionists. The fact is, Washington State, another #RecMj jurisdiction out west has seen a total of less than (1) additional driver who tested positive only for Cannabis show up in their auto crashes from year-to-year. But, the Prohibitionists leap at the “60% increase in DUI” statistics to spread fear among the Voters, especially the “Moms” out there on the fence worried about “gummy bears”. Ditto the owner of the maker of Fentanyl, donated $500,000 cash to Prohibitionists one week after word came out it was their “Big Pharma” prescription drug that killed Prince! Sheldon Adelsohn of Las Vegas lost a son early in his life from a Drug Overdose, too. He has also donated $500,000 cash to stop the “Killer Weed”. It’s easy to blame the plant for all sorts of things that happen to people. Plants don’t talk! But, the fact of the matter remains. If Rob Kampia and the #MPP can match the final two (2) weeks of the campaign spending before the Nov 8th election, than “More Likely Than Not” the vote totals will exceed 50% for the new Prop 205 initiative and ALL ARIZONANS will be allowed to grow (6) plants each, twelve (12) for a two-adult household. Plus, the incoming Snowbirds that visit the Valley of The Sun will be allowed to purchase #RecMj at legalized dispensaries. It’s a win-win-win proposition in Arizona. The people get to stash their own Dweeb unfettered by the confines of the Local Police departments, and the State Treasury gets a windfall from the 15% “Pot Tax”. Go find me a better initiative than the one Rob Kampia and the #MPP has created. One that I can vote on before Nov 8th, and I’ll do it! In the interim, Vote “Yes” for Cannabis on Nov 8th. And, let the good time roll!

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