Ken Griffin’s $12M Donation And DeSantis’s Anti-Cannabis PACs Face Off Against Pro-Legalization Group’s $72M War Chest
Florida’s adult-use cannabis legalization initiative, known as Amendment 3, is steadily moving toward securing the 60% supermajority needed for a constitutional amendment in the November 2024 election.
Financially, the pro-cannabis campaign led by Smart and Safe Florida, is in a strong position having amassed $71.8 million as of mid-August, according to the latest data from the Florida Division of Elections. This substantial war chest largely comes from Trulieve (OTCQX:TCNNF), one of the state’s largest medical marijuana companies, which has contributed nearly $65 million to the effort, including a recent $7 million donation.
Open Secret noted in June that the Smart and Safe campaign had raised more than any other marijuana-related ballot measure committee in a single election cycle in U.S. history and is the most-funded measure of 2024.
How Is The Opposition Doing?
On the other side, opposition to Amendment 3 is led by two political …