News

Las Vegas Casino Mogul Donating More Of His Millions To Fight Cannabis Legalization In Florida

GTY_sheldon_adelson_ll_130624_16x9_992

As the November elections get closer, the battle for the marijuana vote in Florida is heating up. Both the Yes On 2 and No On 2 campaigns have been doing their part to either support or oppose the legalization of medical marijuana in the state.  Now, the No On 2 campaign has received financial support form its biggest contributor.

Las Vegas casino mogul Sheldon Adelson recently gave another $1.5 million to the Drug Free Florida campaign, which opposes the constitutional amendment that’s on the November ballot.

In the past, Adelson had given $2.5 million to the  campaign. According to the group’s financial reports, with his latest contribution, Adelson has accounted for $4 million of the $4.7 million raised by opponents of the amendment.

According to Reuters, Orlando trial attorney John Morgan has supported the pro-amendment campaign with about $4 million of his own and he plans to spend $6 million by November 4th. About two-thirds of that was spent on gathering more than 600,000 voter signatures and defending the initiative in court. Morgan also started a four-city bus tour on Monday, targeting youthful voters at universities and community colleges .

Polls have showed the amendment well above the 60 percent required for approval.

READ THE FULL ARTICLE HERE

Show More

Richard Lowe

Richard Lowe is a 14-year veteran of the financial sector with licenses as a commodity broker (Series 3) and investment advisor representative (IAR Series 65). Along with a focus on raising capital for the firms he was employed with, he also wrote and edited much of the content published by them. He holds a BA in Journalism from the University of Massachusetts. He has been a longtime advocate for marijuana legalization due to the social injustices associated with marijuana prohibition and the strong potential for the medicinal benefits of cannabis.

Related Articles

One Comment

Leave a Reply

Back to top button
Close
Close