You are here
Home 🌿 Marijuana Business News 🌿 New Zealand: Progressive executive’s legacy to help fund push to legalize marijuana 🌿New Zealand: Progressive executive’s legacy to help fund push to legalize marijuana
Peter Lewis made his fortune writing high-risk auto insurance policies through the company his father founded in 1937. As CEO of Progressive Insurance from 1965-2000, he built the company from tiny to the 3rd largest auto insurer in the country by the time of his death in 2013, with 26,000 employees and $16 billion in annual sales.
He built other things as well. In 2012 he pledged to give away at least half his personal fortune of more than $1 billion, and gave at least $233 million to Princeton, among many other organizations.
One of his other passions was the reform of drug laws. Arrested himself for possession of marijuana in New Zealand, he gave millions to the cause. He said his use of marijuana was primarily for pain that resulted from the amputation of a leg in 1998.
In 2007, he...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin