DeSantis Targets 'One Big Weed Company' Funding Florida's Legalization Campaign, Citing 'Corporate Interests'
Portfolio Pulse from Rolando García
Governor Ron DeSantis is opposing Florida's Amendment 3, which aims to legalize recreational cannabis, by targeting Trulieve, a major backer of the campaign. DeSantis accuses Trulieve of monopolistic intentions and emphasizes corporate interests over personal freedom. Trulieve, a significant player in Florida's medical cannabis market, is not a monopoly as implied by DeSantis.
September 18, 2024 | 7:04 pm
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Trulieve is being targeted by Governor DeSantis in his campaign against Florida's Amendment 3, which seeks to legalize recreational cannabis. DeSantis accuses Trulieve of monopolistic behavior, although the company is not a monopoly in Florida's cannabis market.
Trulieve is directly targeted by DeSantis, which could negatively impact its public perception and stock price. The accusation of monopolistic behavior, even if inaccurate, may influence investor sentiment negatively.
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