Mr. Jamen Shively, 45, a former corporate strategy manager for Microsoft, is seeking $10 million to start up the first U.S. brand of marijuana.
While it currently is legal to use marijuana both medical and recreationally in only two states, Washington and Colorado, Shively is trying to fire up his entrepreneurial efforts by attempting to acquire existing medical-marijuana facilities in three states.
Shively envisions his brand as being the Starbucks of marijuana. He calls the marijuana industry “a giant market in search of a brand,” Yahoo! News reports.
The entrepreneur is optimistic that he will one day be able to legally import marijuana from Mexico to sell in the U.S. market.
Joining [Shively at a news conference in Seattle] was former Mexican President Vicente Fox, a longtime Shively acquaintance who has been an advocate of decriminalizing marijuana. Fox said he was there to show his support for Shively's company but has no financial stake in it.