This presidential contender anticipates cash in on the pot boom

Gary Johnson has already planned a backup in case he does not win the White House Election in 2016. He is investing in the marijuana business to make some serious profit. Gary Johnson was also the candidate for president in 2012 after being selected as the governor of New Mexico (1995-2003). Gary Johnson is also a successful businessman and owns a big construction firm in his state. He looks forward to the party’s nomination in May and hoping for positive results. He plans to fight for the presidential post as a third party candidate.

Gary Johnson also manages a marijuana company named Cannabis Sativa, Inc. which aims to produce pot products under the brand name “Hi”. He admits that he does not think that marijuana will become legal in the United States and thus he sees huge opportunity for his business.

Johnson is hopeful that California will legalize pot marijuana on Nov, 8 on which the next president of America will be decided. The District of Columbia, Colorado and there are more states in this list and this step might encourage 20 more states to legalize pot marijuana

Marijuana is currently banned in the United States by Federal Law and President Obama is not keen to make any changes. He hopes that the new president will change the scene and legalize pot marijuana.

Marijuana legal pot business is already has a stake of $3 billion and experts believe that it will expand further. The rules would require the marijuana to be grown within the state and most of the producers will not be able to provide a brand or same standard. This is where an opportunity lies and Cannabis Sativa looks to exploit with its “Hi” brand. He already run a branded dispensary in Portland and looks to take it forward in a systematic and cooperative way.

There are many more people with the same plans. Even some of the entrepreneurs from Silicon valley and showing their deep interest in this sector.

Although Johnson refused to run for the post of president when occupied the position of CEO of Cannabis Sativa, he has a strong hold on the company. His shares in the company have a value of more than $300,000. The company is not doing great at the moment and has seen a fall of 96% reflects the large numbers of competitors making their way. Also, the investors are not showing too much of confidence. With things not looking too great, there are chances that Johnson’s company could turn the tables of the marijuana getting the legal permission of trade.