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Libertarian Gary Johnson to launch presidential bid

By Eliza Collins

Former New Mexico Gov. Gary Johnson is planning to join the crowded 2016 presidential race, according to Reason. Johnson's longtime communications aide, John Vaught LaBeaume, retweeted Reason's post.

“Tune in tomorrow. I'll be on @FoxBusiness with @TeamCavuto, and may have some news to share re the #2016presidentialelections. #libertarian,” Johnson tweeted Tuesday night. Cavuto's show airs at 12 p.m. Eastern time.

Johnson — who is a self-made millionaire — also ran in 2012 as a member of the Libertarian Party, which advocates for a radically smaller and less powerful federal government. He received 1,275,971 votes, or 0.99 percent of the total electorate.

In a 2014 interview with Newsmax, Johnson said "I hope to be able to do this again," in regard to running for president.

In an October 2015 blog post, Johnson wrote an open letter titled, "Why I would run for President." In it, he railed against both parties and said that Rand Paul, despite some hopes among libertarians that he would campaign as a different kind of Republican, "has emerged with a vague mix of positions that is clearly not compelling."

"There is a price to be paid for selling out," Johnson wrote, "and he is paying it."

Johnson resigned from his position as director and CEO of Cannabis Sativa, Inc, a marijuana marketing and packaging, company earlier this week, according to Reason.

Cannabis Sativa's mission statement — which was penned by Johnson — says the company "believe[s] cannabis is destined to become the next gold rush and we're prepared to shape its future in a legal environment."