The billionaire owner and CEO of a Miami-based hedge fund donated $12 million to opponents of a recreational cannabis legalization ballot measure that Floridians will vote on in the November election.
Ken Griffin, who owns 80% of Citadel, announced the donation in an opinion piece published Friday in the Miami Herald.
ADVERTISEMENT
‘Would create a monopoly’
Griffin called Amendment 3, as the adult-use legalization measure is known, “a terrible plan to create the nation’s most expansive and destructive marijuana laws.”
“Passage of Amendment 3 would create a monopoly for large marijuana dispensaries and permit pot use in public and private areas throughout Florida,” Griffin alleged in his op-ed.
“That will help no one other than special interests – and it will hurt us all,
Read full article on Marijuana Business Daily
