US Senate Candidate Gary Johnson Admits to Involvement in Cannabis Industry
Libertarian Senate candidate Gary Johnson recently disclosed a number of financial ties to the legal cannabis industry. Given Johnson’s pro-legalization platform, some have claimed these connections could be a conflict of interests. But Johnson insists that these claims are not true.
Gary Johnson’s Ties to Legal Weed
Johnson is currently running to represent New Mexico in the Senate. As part of the campaign process, he was required to submit a standard set of financial disclosures.
These disclosures revealed a number of connections to the legal weed industry. In particular, Johnson said that he owns more than $250,000 worth of stock in Kush, a cannabis company based in Las Vegas.
Similarly, Johnson reported that he is part of a profit-sharing arrangement with an investment fund called CB1 Capital. The fund invests exclusively in the cannabis space, and Johnson is reportedly serving as one of its key advisers.
Finally, Johnson’s financial disclosure revealed capital gains from stocks he holds in Cannabis Sativa, a marijuana holding company.
He said he earned at least $100,000 from these stocks. Johnson served as CEO of Cannabis Sativa in between his presidential runs in 2012 and 2016.
According to local news sources, Johnson’s financial ties to the