Recommended content

These Marijuana Companies Are Funding Florida’s Legalization Ballot Campaign, New Records Show

Multiple marijuana companies donated a total of nearly $15 million to a Florida campaign behind a legalization initiative that will appear on the state’s ballot this November, including several multi-state operators, the latest state filings show.

The Florida Division of Elections (DOE) released the campaign finance activity report from the first quarter of the year on Thursday, showing $14,875,000 in new contributions from a range of businesses ahead of the state Supreme Court ruling that officially cleared the cannabis measure for the ballot.

Trulieve, the main financial backer of the initiative, led the pack again with $9.225 million in donations during the first quarter. That follows the company previously contributing about $40 million as advocates worked to collect more than one million signatures to qualify for ballot placement.

The campaign Smart & Safe Florida announced last week that it had secured the new funding from donors “committed to helping ensure victory this fall.”

Here’s a breakdown of who donated to support the legalization measure in the first quarter of 2024:

Trulieve: $9.225 million Verano Holdings: $2.25 million Curaleaf: $2 million Ayr Wellness: $500,000 Green Thumb Industries: $500,000 Cresco Labs: $400,000

Two other individuals also contributed $21.10 and $1.53 in the

Read full article on Marijuana Moment

Follow us on Instagram or join us on facebook page

Be first to rate

Marijuana Moment
Source

More news