Libertarians Back Florida Cannabis Legalization, $5M From Hemp Execs To GOP: Green Waves In Red States

A recent report by Beacon Securities, on the cannabis industry in Florida provides insights into campaign donations, political endorsements, market competition, and financial forecasts.

Libertarian Endorsement

According to the report the Libertarian Party of Florida has formally endorsed the adult-use legalization measure. This endorsement could signal a shift in voter sentiment, as the party advocates for personal freedom regarding cannabis use. The growing political support from various parties highlights the increasing acceptance of cannabis legalization.

Hemp Industry’s Political Contributions

CBS News reported that hemp executives pledged $5M in donations to Florida’s Republican Party after Governor DeSantis vetoed a bill that would have negatively impacted the hemp industry.

The report indicated that the veto was seen as a strategic move, with …

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