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From cannabis industry pioneers to tech billionaires, these entrepreneurs prove success and cannabis can coexist
Often called “the father of the legal cannabis industry,” Steve DeAngelo co-founded Harborside Health Center in 2006, which grew to generate $35 million+ in annual revenue. His trademark pigtails and hat made him instantly recognizable as he built one of the world’s largest dispensaries while decades of activism earned him respect across the movement.
Wanda James made history as the first African American woman to own a cannabis dispensary in Colorado, breaking barriers in an industry with significant diversity challenges. Her Denver dispensary Simply Pure combines business success with social justice advocacy, focusing on expunging cannabis records and promoting racial equity.
At just 25, Karson Humiston earned a spot on Forbes’ 30 Under 30 list for founding Vangst, a cannabis industry recruiting platform that addresses the sector’s critical talent shortage. After experiencing the industry’s hiring challenges firsthand at a cannabis trade show, Humiston built a solution that achieved 567% revenue growth between 2016-2017.
Brothers Ross and Zach Lipson founded Dutchie in 2017 and quickly built it into a cannabis tech unicorn valued at $3.75 billion. Their integrated e-commerce platform powers online ordering for dispensaries across the U.S. and Canada, raising over $603 million in funding to support their rapid growth.
Ryan Smith and Zach Silverman co-founded LeafLink in 2015 to revolutionize B2B cannabis commerce through their wholesale marketplace platform. Backed by Founders Fund and raising $479 million across nine funding rounds, LeafLink now connects retailers with over 1,800 cannabis brands across legal markets.
Ben Kovler founded Green Thumb Industries (GTI) in 2014 and built it into a publicly traded multi-state operator with a diverse portfolio of brands including &Shine, Beboe, and incredibles. As CEO and Chairman, Kovler oversaw GTI’s growth into a significant player in the U.S. cannabis industry, operating the RISE retail chain alongside their consumer packaged goods business.
Kyle Sherman identified a critical need in the cannabis industry, regulatory compliance, and founded Flowhub in 2015 to address it. His Denver-based company provides inventory, point-of-sale, and compliance software specifically designed for cannabis businesses, raising $45.8 million across four funding rounds.
Richard Branson built a multi-billion-dollar empire spanning 400+ companies under the Virgin Group umbrella while openly advocating for cannabis legalization. The billionaire entrepreneur credits cannabis with expanding creative thinking and has been vocal about his recreational use, even admitting to smoking with his adult son Sam.
Peter Lewis built Progressive Insurance from a 40-person company into America’s third-largest auto insurer before his death in 2013, all while being what insiders called a “functioning pothead.” His cannabis use served both recreational and medical purposes, after a 1998 leg amputation, Lewis used marijuana for pain management.
Elon Musk made headlines in 2018 when he publicly smoked cannabis on Joe Rogan’s podcast, revealing his occasional use for relaxation and stress management. As the founder of Tesla, SpaceX, Neuralink, and The Boring Company, Musk’s cannabis consumption challenged stereotypes about high-performing entrepreneurs and substance use.
Elon Musk made headlines in 2018 when he publicly smoked cannabis on Joe Rogan’s podcast, revealing his occasional use for relaxation and stress management. As the founder of Tesla, SpaceX, Neuralink, and The Boring Company, Musk’s cannabis consumption challenged stereotypes about high-performing entrepreneurs and substance use.
Though deceased since 2011, Steve Jobs remains perhaps the most iconic example of a founder who experimented with cannabis and LSD while developing his creative outlook. The Apple co-founder used marijuana during his younger years and later described his LSD experiences as profoundly shaping the “think different” mindset that would drive Apple’s revolutionary approach to technology and design.
Mark Johnson stands out as one of the most openly vocal tech CEOs about daily cannabis use. As CEO of Descartes Labs (and formerly Zite in Silicon Valley), Johnson has consistently defended cannabis as compatible with high performance, stating “Pot is an extremely functional drug. Coders can code on it, writers can write on it.”
George Zimmer built the Men’s Wearhouse retail empire before being famously fired in 2013, a setback he called “probably the greatest thing that ever happened to me.” Throughout his 50+ year career, Zimmer maintained a consistent cannabis habit, telling CNBC he had “been smoking marijuana on a regular basis for about 50 years.”
Luke Anderson and Jake Bullock co-founded Cann in 2018 to tackle one of cannabis’s most challenging categories: beverages. Despite the difficulty of creating successful cannabis drinks, the duo defied the odds by building a brand that attracted celebrity investor Gwyneth Paltrow (who babysat Anderson as a child) and secured distribution partnerships with major retailers like Total Wine.
Nicholas Vita and Michael Abbott co-founded what would become The Cannabist Company (formerly Columbia Care) in 2012, positioning themselves among the initial medical cannabis providers in the United States. Their patient-focused operation successfully transitioned into a dominant adult-use market player, raising $530.6 million across nine funding rounds.
Whether you’re inspired by these founders’ stories or looking to optimize your own entrepreneurial journey, understanding different cannabis strains and their effects can be valuable. Herb’s strain guides can help you identify varieties that may support creativity, focus, or stress relief, key attributes for any founder building the future.
Yes, numerous successful founders across industries openly use cannabis. From Richard Branson’s multi-billion-dollar Virgin Group to Elon Musk’s Tesla and SpaceX, cannabis consumption spans the entrepreneurial spectrum. Many credit the plant with enhancing creativity, managing stress, or supporting overall well-being while building their businesses. The stigma around cannabis use among high-performers continues to decrease as more founders speak openly. Their success demonstrates that cannabis and achievement can coexist.
Founders like Steve Jobs are known to have experimented with marijuana and LSD in their younger years (with Jobs later describing LSD as profoundly shaping his thinking), while Mark Johnson has stated that “coders can code on it, writers can write on it.” Many entrepreneurs report that cannabis helps them approach problems from new angles and manage the stress of building companies. Some also say it supports work-life balance and a sense of relaxation depending on the strain, dose, and context. However, research shows cannabis can also impair memory, attention, and decision-making, especially with frequent or heavy use. Effects vary significantly by individual, strain, and consumption method, so what works for one founder may not work for another.
Legality depends on jurisdiction, cannabis remains federally illegal in the U.S. but is legal for medical or recreational use in many states. Many founders use cannabis in legal jurisdictions or for medical purposes with proper authorization. Some, like Peter Lewis, used it for pain management after medical procedures. Always check your local laws and workplace policies before consuming cannabis. Federal contractors and certain industries may have additional restrictions regardless of state law.
Many entrepreneurs prefer strains that provide mental clarity without heavy sedation. Sativa-dominant varieties like Purple Haze are often chosen for creative sessions, while balanced hybrids may support focused work. Understanding your desired effects and consulting educational resources can help you make informed choices. Different strains offer different cannabinoid and terpene profiles that produce varied effects. Personal experimentation in legal settings helps identify what works best for individual needs.
Herb offers comprehensive coverage of cannabis culture, industry news, and product reviews through our news coverage. For practical guidance on responsible consumption and product selection, explore our how-to guides and strain information. The platform provides evidence-based information to help entrepreneurs make informed decisions about cannabis use. Educational content covers everything from strain selection to consumption methods and legal considerations.
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