The Florida Phoenix
Miami CEO contributed more than $100 million to GOP in 2022
The campaign to defeat Amendment 3, the measure designed to legalize recreational cannabis for adults in Florida, received its biggest boost so far with the announcement that hedge fund billionaire Ken Griffin is contributing $20 million to oppose Amendment 3.
Of that amount, $12 million will go directly to Keep Florida Clean, a political committee formed to oppose the measure.
In an op-ed published in the Miami Herald on Friday, Griffin said Amendment 3 is a “terrible plan to create the nation’s most expansive and destructive marijuana laws.”
He went on to write, “Passage of Amendment 3 would create a monopoly for large marijuana dispensaries and permit pot use in public and private areas throughout Florida. That would help no one other than special interests — and it will hurt us all, especially through more dangerous roads, a higher level of addiction among our youth, and an increase in crime.”
The financial contribution represents a major shot in the arm for the coalition opposing Amendment 3, which would allow adults 21 years or older to possess, purchase, or use up to three ounces of cannabis products and accessories for personal consumption.
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Hedge fund billionaire Ken Griffin gives $12M to campaign against legalizing cannabis
