The Phoenix of Florida

The Miami CEO contributed greater than $100 million to the GOP in 2022

The marketing campaign to defeat Modification 3, the measure designed to legalize leisure hashish for adults in Florida, obtained its greatest enhance but with the announcement that billionaire hedge fund Ken Griffin is contributing $20 million of {dollars} to oppose Modification 3.

Of that quantity, $12 million will go on to Hold Florida Clear, a political committee fashioned to oppose the measure.

In an article printed within the Miami Herald on Friday, Griffin stated Modification 3 is a “horrible plan to create the nation's most expansive and damaging marijuana legal guidelines.”

He continued to write down: “The passage of Modification 3 will create a monopoly for big marijuana dispensaries and permit using pot in private and non-private areas ​​​​​​all through Florida. That won’t assist anybody apart from particular pursuits – and it’ll damage us all, particularly by extra harmful roads, a better degree of dependancy amongst our younger individuals, and a rise in crime.”

The monetary contribution represents a significant shot within the arm for the coalition opposing Modification 3, which might permit adults 21 and older to own, buy or use as much as three ounces of hashish merchandise and paraphernalia for private consumption.

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Billionaire hedge fund Ken Griffin donates $12 million to marketing campaign in opposition to hashish legalization

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