Gary Johnson Resigns his Position as CEO of Cannabis Sativa Inc.

GaryJohnson  2012

Reported today at Marijuana Stocks News

Cannabis Sativa Inc. (CBDS) announces that Gary Johnson is resigning as Director and CEO of Cannabis Sativa, Inc. to pursue political opportunities. “I’ve enjoyed working with CBDS, and am confident of the future successes of the company and the cannabis industry and I’m confident that legal cannabis is a societal good”, said Governor Johnson.

Newly elected Chairman of the Board Judge Jim Gray (Ret.) said, “On behalf of the Board of Directors, we wish Governor Johnson the greatest success in 2016 and immensely appreciate the work he has done at the helm of CBDS.”

Could this mean he will announce his intention to run for President?

At least one blogger thinks so. Writes J. Wilson at A Libertarian Future

Finally! The wait is over and Gary Johnson is officially running for President in 2016. There are many libertarians who have been waiting years for the Governor to make that decision. Speculation has been running rampant since at least 2014 when Gary Johnson first declared he “wanted to run for President” again.

According to Cannabis Sativa Inc. Gary Johnson has resigned as CEO to pursue “political opportunities”. That can only mean one thing.

First, Gary Johnson will have to run for the Libertarian Party’s nomination for President. Because Gary Johnson has waited so long to officially announce he’s running for President he faces an entirely different political landscape. It won’t be the walk in the park that getting the Libertarian Party nomination was in 2012.

While Johnson has been waiting in the wings for over a year talking about how he wanted to run for President a number of other candidates have entered the race. There are multiple well organized and well funded competitors to the incumbent nominee.

Read the rest of the article here.

30 thoughts on “Gary Johnson Resigns his Position as CEO of Cannabis Sativa Inc.

  1. Matt Cholko

    I’m pretty sure its still going to be a walk in the park for Johnson. I hope he doesn’t it treat it like one, and I don’t think he will. But, the reality is, I see no realistic competition for the LP nomination.

  2. Thomas L. Knapp

    I can see why Johnson wants to get the hell out of that CEO job, seeing as how the stock is down by more than 93% in the year-and-a-half since he took it over.

    Not sure why he’d want to run for the LP nomination again with that record, with seven figures in campaign debt at the starting line, and with an opponent who, if he runs a decent campaign, will almost certainly clean his clock. Seems like a frying-pan-to-fire kind of thing. But hey, people do weird shit all the time.

  3. Andy

    Tom, I assume you are referring to John McAfee as the guy you think would defeat Gary Johnson for the nomination, right?,
    .
    I don’t get your fixation with McAfee. The guy has no record of being a libertarian and reading over his platform and listening to recent interviews with him, it is pretty clear that he is not solid on the issues, plus, it is clearly apparent that the only reason he is seeking the LP nomination is because he found out that it would be too difficult to get on the ballot as the Cyber Party candidate.

    Also, as for fiscal responsibility, McAfee had a $100 million fortune that he squandered down to $4 million, maybe less. Sure, it was his own money, but still, how can you call somebody who blows 96% (or more) of their net worth fiscally responsible?

    I don’t think that he is necessarily a bad guy, and he’s got a few good things to say, but I just do not see him as being LP candidate material, especially for the party’s 2016 presidential nomination.

  4. Thomas L. Knapp

    “The guy has no record of being a libertarian”

    Wrong. Just because you haven’t bothered to look over the record, that doesn’t mean the record isn’t there. The record is that he’s a lot more libertarian than his platform indicates.

    “[P]lus, it is clearly apparent that the only reason he is seeking the LP nomination is because he found out that it would be too difficult to get on the ballot as the Cyber Party candidate.”

    Correct. Just like the only reason Johnson sought the LP nomination was that he got nowhere seeking the GOP nomination. And just like the only reason Ron Paul sought the GOP nomination was that he knew he couldn’t win with the LP nomination. So? What of it?

    “Also, as for fiscal responsibility, McAfee had a $100 million fortune that he squandered down to $4 million, maybe less. Sure, it was his own money, but still, how can you call somebody who blows 96% (or more) of their net worth fiscally responsible?”

    I do not know the full details of where McAfee’s wealth went, or how much is left, but I am under the impression that, rather than “squandering” it, he took considerable losses in the 2008 collapse. My guess is that he invested heavily in real estate or derivatives. Bad decision, but not exactly the same thing as just blowing it.

    On the other hand, while Johnson has been on the way down in the business world, McAfee is on the way back up, with several interesting apps released and an IndieGogo round for a new device that has already raised five times its goal.

    You and Matt both keep referring to my “fixation” on McAfee. I’m not “fixated” on McAfee. He’s my third choice for the nomination. I just live in the real world, that’s all. And in the real word, if McAfee plays his cards right, he’s going to be the LP’s 2016 nominee. Which may or may not be a good thing, but seems to almost certainly be a better thing than a second Johnson run.

  5. Thane Eichenauer

    I read that as “Interim CEO David Tobias” and “Newly elected Chairman of the Board Judge Jim Gray (Ret.)”.

  6. Andy

    I do not really want McAfee or Johnson as the LP candidate for President. I am really unhappy with the choices for the presidential nomination and I hope some better candidates would emerge.

    Having said this, I think that Gary Johnson will be the front runner for the nomination out of the current field assuming he seeks the nomination.

    I remember McAfee being interviewed by Alex Jones a few ago. Like I said, I think he’s got a few good things to say, but this does not make him LP candidate material.

  7. steve m

    we now have two interesting characters potentially seeking the nomination…

    so what is the problem?

  8. Thomas L. Knapp

    Andy,

    Based on your past supports/oppositions, I’d tend to put your lack of enthusiasm for McAfee in the “plus” column when evaluating my own choices.

  9. Andy

    Ok Tom, but I think that my track record for success is pretty good (in terms of getting the freedom movement ahead).

  10. Sheri in MS

    The LP cannot sustain a Presidential candidate with funding. While there are some great candidates for the LP nomination, few can carry out their campaign effectively without party funding. Johnson or McAfee have personal funds they will use or NOTA may win and the party may be taking steps backward.

  11. georgephillies

    “…, with seven figures in campaign debt at the starting line…”

    Until 12/31/2015

    Johnson is trying to liquidate his past campaign.

    His many debtors other than his campaign manager suffered a negative consequence.

    The “debt settlement plan”
    http://docquery.fec.gov/pdf/192/201512310300036192/201512310300036192.pdf

    Thoughtlab is owed $29,720 and is getting ZERO.
    Daines Goodwin is owed $33,201 and is getting ZERO.

    Some people who are getting zero agreed to get zero, including the following:

    Of $151,000 owed, Bellatrix PC gets ZERO.
    Of $ 3750 owed, Broghamer PC gets ZERO.

    Political Advisors is owed more than $831,000.
    Readers should recall that much of this was for salaries.
    They are getting “$600,000” in the form of four copies of Johnson’s list data, each assessed at $150,000.

    Johnson, showing the finest in Republican Fiscal Prudence.

    Johnson’s end debt is appreciably larger than his debt when he became a libertarian.

    At the end of 2011, his Republican campaign debt was $858,458.

    His debt as of his latest report was $1,395,093.

    That difference, nearly $540,000, was run up while he as a Libertarian candidate.

  12. Thomas L. Knapp

    Sheri,

    It’s unlikely that Johnson will use “personal funds.” He didn’t last time, and now he’s starting with his campaign $1.x million in debt and probably no welfare check to bail him out this time.

    I also doubt that McAfee will use substantial “personal funds” for his campaign.

  13. georgephillies

    Sheri in MS wrote “The LP cannot sustain a Presidential candidate with funding. While there are some great candidates for the LP nomination, few can carry out their campaign effectively without party funding. Johnson or McAfee have personal funds they will use or NOTA may win and the party may be taking steps backward.”

    We have regularly sustained our candidates with money from Libertarians. Whether they have made a good use of that money…well, read my book “Funding Liberty” on the 1996 and 2000 campaigns, adn my newsletters on the 2004 and 2012 campaigns.

  14. Lance Beverley

    Many more candidates available:

    Alexander Cordover (Alabama)
    Maro Day Cray (Illinois)
    William Digges (Virginia)
    Keenan Dunham (South Carolina)
    Raymond Dupuis (Washington)
    Marc Feldman (Ohio)
    Henry Herford (Louisiana)
    Robert Higginson (California)
    Sumayah Hodges (Missouri)
    Cecil Ince (Texas)
    Irving Jensen IV (South Dakota)
    Roger Jewell (Arizona)
    Steve Kerbel (Colorado)
    Robert Kuffel (New Jersey)
    Kip Lee (California)
    John McAfee (Tennessee)
    Robert Milnes (New Jersey)
    Nathan Norman (Pennsylvania)
    Darryl Perry (Texas)
    Austin Peterson (Missouri)
    Rebecca Pfleiderer (Missouri)
    Bill Pruitt (Oklahoma)
    Derrick Reid (California)
    Robert David Steele (Virginia)
    Dennis Torii Jr. (Florida)
    Joy Waymire (California)
    Mike Wiley (Nevada)

  15. Andy Craig

    Wilson jumped the gun on his headline, so he could put his own spin in the article and get it out there. Guy has been nursing a grudge against Johnson and the LP for a while now, ostensibly because we wouldn’t support Rand Paul, but really for other reasons (hint: ad revenue). Thus the trash talk about it being too late to seek a major-party nomination (as if that was relevant), and that Johnson faces a rougher path to the nomination than he did in 2012 (possibly, but not really obvious.) This is the same guy, who repeatedly took Johnson’s criticisms of Rand and put headlines on it implying Johnson had endorsed, or was promoting his supposed similarity to, the Republican from Kentucky. Who throws a “this is why the LP sucks!” fit any time we’ve criticized someone whose last name rhymes with “Fall.”

    So, take anything GJ/LP-related from ALF with a very large grain of salt. Not that he’s wrong about what the announcement means (not much room for interpretation on that), but I’ve already seen his ALF article making the rounds on social media, and for reasons of both inaccuracy and the questionable source I won’t be promoting it.

  16. Dave

    I voted for Johnson last time and will probably end up doing so again. I still think he’s the most likely nominee, though I do wish we had some polls to see if any of the other big names have taken much support from him. He’s probably my preference for the nomination, but I’m not a Libertarian so I doubt that matters too much, lol.

  17. Thane Eichenauer

    Dave,
    Why does Gary Johnson merit your support over each and every other choice?
    Do you believe Johnson has inspired people to look into and adopt a philosophy of liberty?

  18. Dave

    I was in college during Johnson’s first run, and he definitely attracted a fair amount of support on campus. There was a pretty decent college Libertarian club as well. I can’t comment on how that support compares to past nominees, but he seemed well regarded. Mind I was more active in Ron Paul 2012 circles online, and there there was a bit of a split between those who liked Johnson and those who did not, a split which I believe has become more pronounced this cycle.

    Everything I personally have heard from Johnson I liked, though I’m not looking for a pure representative of Libertarian philosophy, so I can understand why those concerned with it may have their own objections towards him or his effect on the party. I mostly just want a guy I can vote for without feeling too disgusted and he fit the bill nicely. I could probably vote for McAfee, and I don’t know enough about the rest to comment yet.

    Interestingly enough, here’s an informal poll on a fairly large internet forum I’ve found asking posters to weigh in on who they back for the nomination. Keep in mind most posters are R’s or D’s, but it seems like Johnson is their first choice followed by Perry. Ventura also gets significant support.

    http://uselectionatlas.org/FORUM/index.php?topic=225745.0

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