Thursday, March 19, 2015 12:11:09 PM
MESQUITE, NV / ACCESSWIRE / March 19, 2015 / Former Governor Gary Johnson, President and CEO of Cannabis Sativa, Inc. (Stock Symbol OTCQB:CBDS), compared the legal marijuana industry to a dam about to burst and warned lawmakers opposing legalization to start packing their bags.
"The smart money has been waiting for the first big brand to emerge." The former Republican governor and 2012 Libertarian Presidential candidate spoke to an estimated 750 marijuana industry representatives attending a two-day conference at the Oregon Medical Marijuana Business Conference. "Green Rush investors have been blue in the face waiting for a front-runner, but the starter's pistol is now raised and ready to sound the biggest bang since the end of Prohibition."
View photo
.
The two-term former governor had words of caution for state and national lawmakers who oppose or attempt to complicate legalization.
"More Americans favor legalization today than those who don't. Representatives who stand in the way of the people will be swept out of office."
Johnson's Cannabis Sativa, Inc. was rated fourth among the top eight legal cannabis companies by Forbes Magazine. The firm's wholly owned subsidiary, "hi," was hailed in the article as a brand to beat.
"Investors are about to get what they've been waiting for," Johnson hinted. "Big product variety, big distribution and the first mega brands in the legal marijuana industry. The road to legalization has been a rocky one, but no one doubts it's a superhighway paved in gold."
Johnson admits his firm has suffered delays due to shifting state regulations, but sees the climate warming nationally.
"We've proceeded cautiously and nurtured our alliances carefully," Johnson said. "We've taken advantage of the extra time to lay a solid foundation for a business model that will be scalable state to state."
Of Washington State marijuana regulators, Johnson said, "They have screwed it up as badly as they possibly can. They have taxed it to the level where if you are a marijuana consumer, you're more than likely still buying it on the black market rather than at a legal retail location. It's a worst-case scenario playing out in Washington State that other states should avoid at all costs."
Cannabis Sativa, Inc. Chairman, Steven Kubby, says the firm's timetable has been set back by pot policy-makers.
"While it's been frustrating to have been delayed by compliance issues between various states and jurisdictions," Kubby explained, "It's only made us stronger. Expect exciting announcements in the days ahead."
Recent CBDS News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 09:58:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 09:34:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 07:44:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 07:24:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 06:46:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 06:39:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 06:22:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 05:09:11 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/07/2024 08:05:49 PM
- Form 144/A - Report of proposed sale of securities: [Amend] • Edgar (US Regulatory) • 02/06/2024 08:19:32 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/01/2024 12:01:39 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 08:08:10 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 04:21:57 PM
- Form RW - Registration Withdrawal Request • Edgar (US Regulatory) • 09/05/2023 07:09:35 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 04:03:07 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM