Billionaire Charles Koch On Why Cannabis Should Be Legal – Cannabis Business Executive

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The devout libertarian known for spending a fortune on political causes is now actively funding efforts to end federal marijuana prohibition. Here’s why pro-pot advocates in both parties are high on his support.

Depending on whom you ask, Charles Koch is a titan of industry, dark money political bogeyman, or the Marcus Aurelius of the libertarian movement. But soon Koch might be known as the billionaire who persuaded Republican and Democratic holdouts to legalize cannabis at the federal level.

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And it’s not because he’s a pothead.

The only time the 85-year-old CEO of Koch Industries has consumed marijuana, he says, was by accident in the 1980s. He was helicopter skiing in British Columbia, and après ski, he and his friends enjoyed a few gin and tonics at dinner. For dessert, the chef brought out a plate of brownies. Koch ate one and after a while felt a little “loopy.” He doesn’t know who infused the sweets with pot, but he says he has known many successful friends—doctors, lawyers and other professionals—who have used cannabis.

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Although Koch isn’t big on consuming it himself, he’s going public now with a long-held belief: Cannabis should be legal nationwide. So he’s putting his name, and nearly $25 million of his $45 billion fortune towards criminal justice reform and legalization efforts. [Read More @ Forbes]





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