May 19, 2024

Trulieve adds $5 million to pot initiative

The medical-cannabis company Trulieve contributed another $5 million last month to a ballot initiative aimed at legalizing recreational use of marijuana, according to a newly filed finance report.

In all, Trulieve has contributed $15 million to the Smart & Safe Florida political committee, which is trying to get the initiative on the 2024 ballot.

Trulieve has contributed all but $124.58 of the committee’s money.

Meanwhile, the committee reported spending about $6.7 million from Nov. 4 through Nov. 30 and had spent $13.944 million as of Nov. 30, the report posted on the state Division of Elections website said.

Almost all of the spending from Nov. 4 through Nov. 30 went for costs related to petition gathering and petition verification.

As of Monday afternoon, the state had received 53,982 valid signatures for the initiative. Ultimately, the committee would need to submit 891,589 signatures to get on the ballot.

The “Adult Personal Use of Marijuana” proposal would allow people 21 or older “to possess, purchase, or use marijuana products and marijuana accessories for non-medical personal consumption by smoking, ingestion, or otherwise.”

Tags: News Service of Florida

Florida Business News

Florida News Releases

Florida Trend Video Pick

FloridaCommerce responds to questions about management of Rebuild Florida program
FloridaCommerce responds to questions about management of Rebuild Florida program

Reporter Jennifer Titus sits down with FloridaCommerce Secretary Alex Kelly and Office of Long-Term Resiliency Director Justin Domer.

 

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.