DeSantis Can't Get Past The Odor Of Weed To Smell The Flowers — Specifically, $430M Annually In Cannabis Revenue
Portfolio Pulse from Maureen Meehan
Florida's potential legalization of marijuana could generate significant tax revenue, but Governor Ron DeSantis opposes the initiative. The measure, supported by Smart & Safe Florida and funded by cannabis companies like Trulieve, will be on the ballot in November 2024.
June 15, 2024 | 7:46 pm
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POSITIVE IMPACT
Trulieve has donated up to $40 million to support the marijuana legalization initiative in Florida, which could generate significant tax revenue if passed.
Trulieve's substantial financial support for the legalization initiative indicates a strong commitment to expanding the legal cannabis market in Florida. If the measure passes, it could lead to increased sales and revenue for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100