Former Microsoft manager announces plans for ‘big marijuana’

May 30, 2013, 3:29 PM | Updated: May 31, 2013, 9:44 am

A former Microsoft manager wants to be the world leader in the sale of medical and recreational marijuana, projecting legal marijuana as a $200-$500 billion industry worldwide.

At a news conference in Seattle Thursday, Jamen Shively announced he’s purchasing medicinal marijuana operations in Washington, Colorado, and California with plans to announce a name for that business next month, the first national branding of medicinal marijuana.

“The Berlin Wall of the prohibition of cannabis is weak and it is crumbling as we speak,” said Shively. He said he’s investing in cannabis-related business and seeking hundreds of millions of dollars in private funding, but he wouldn’t provide further details.

“We are moving forward with our plans to build a national and eventually international network of cannabis businesses, spanning the production, processing, distribution and retail sale of cannabis and cannabis-based products,” declared Shively.

Shively’s recreational marijuana operation will carry the Diego Pellicier brand, a company he founded and named for his great grandfather, who cultivated cannabis in the Philippines during the height of the Spanish Empire.

Appearing at the news conference with Shively and other boosters was the former President of Mexico, Vicente Fox, who runs a think tank. Because of what he calls the failed war on drugs, he said he favors the new marijuana enterprise in Washington.

“Because the cost of the war, in the case of Mexico, is becoming unbearable,” Fox said, calling the illegal production and sale of marijuana a “trap” that is killing children.

Shively criticized the Obama administration’s enforcement of the federal ban on marijuana and ensuing raids on medicinal marijuana operations, urging the administration to “go after the true criminals.”

Shively expects to raise his first $10 million in investment capital in the next couple of weeks. He hopes to raise hundreds of millions of dollars in his quest to be the king of marijuana, agreeing with a reporter who suggested his operation will be “big marijuana.”

Local News

catalytic converter...
MyNorthwest Staff

Competing proposals for catalytic converter theft crackdown up for Thursday vote

Competing proposals from Democrats and Republicans to crack down on catalytic converter thefts are set for Thursday, Jan. 27. committee votes.
1 day ago
Redistricting, long term care tax delay...
MyNorthwest Staff

Long-term care tax delay inches closer to passage after approval from state Senate

The Washington State Senate voted to delay implementation of the new long-term care payroll tax on Wednesday. 
1 day ago
Rideshare companies...
Nick Bowman

Rideshare companies pour millions into PAC ahead of push for Washington ballot initiative

Rideshare companies have poured over $2 million into a new PAC, in what appears to be the precursor for a Washington ballot initiative. 
1 day ago
MyShake...
KIRO 7 News Staff

Earthquake early warning app now available in Washington

Washington residents can now download MyShake, an earthquake early warning app, and get extra seconds of warning.
1 day ago
hit-and-run...
KIRO 7 News Staff

Suspect arrested in Pierce County hit-and-run that killed one 12-year-old girl, injured another

A Pierce County SWAT team has arrested a 32-year-old man believed to be responsible for a hit-and-run collision that killed one 12-year-old girl.
1 day ago
Bills, pickleball...
Nick Bowman

Pickleball, dinosaurs, and a state nickname: Lawmakers weigh trio of lighthearted bills

Among the bills under consideration during the 2022 legislative session are a handful of more lighthearted proposals from lawmakers.
1 day ago

Sponsored Articles

...

Compassion International Is Determined to ‘Fill’ a Unique Type of Football ‘Stadium’

Compassion International SPONSORED — During this fall’s football season—and as the pandemic continues to impact the entire globe—one organization has been urging caring individuals to help it “fill” a unique type of “stadium” in order to make a lasting difference in the lives of many. Compassion International’s distinctive Fill the Stadium (FtS, fillthestadium.com) initiative provides […]
...

What are the Strongest, Greenest, Best Windows?

Lake Washington Windows & Doors SPONSORED — Fiberglass windows are an excellent choice for window replacement due to their fundamental strength and durability. There is no other type of window that lasts as long as fiberglass; so why go with anything else? Fiberglass windows are 8x stronger than vinyl, lower maintenance than wood, more thermally […]
...

COVID Vaccine is a Game-Changer for Keeping our Kids Healthy

Snohomish Health District SPONSORED — Cheers to the parents and guardians who keep their kids safe and healthy. The dad who cooks a meal with something green in it, even though he’s tired and drive-thru burgers were tempting. The mom who calms down the little one who loudly and resolutely does NOT want to brush […]
...
Experience Anacortes

Coastal Christmas Celebration Week in Anacortes

With minimal travel time required and every activity under the sun, Anacortes is the perfect vacation spot for all ages.
...

Delayed-Onset PTSD: Signs and Symptoms

Lakeside-Milam Recovery Centers SPONSORED — You’re probably familiar with post-traumatic stress disorder. Often abbreviated as PTSD, this condition is diagnosed when a person experiences a set of symptoms for at least a month after a traumatic event. However, for some people, these issues take longer to develop. This results in a diagnosis of delayed-onset PTSD […]
...

Medicare open enrollment ends Dec. 7. Free unbiased help is here!

Washington State Office of the Insurance Commissioner SPONSORED — Medicare’s Open Enrollment Period, also called the Annual Election Period, is Oct. 15 to Dec. 7. During this time, people enrolled in Medicare can: Switch from Original Medicare to a Medicare Advantage plan and vice versa. Join, drop or switch a Part D prescription drug plan, […]
Former Microsoft manager announces plans for ‘big marijuana’