Florida Billionaire Donates $20M to Candidates that Oppose Cannabis Legalization Effort

In an August 2 op-ed, Ken Griffin, the billionaire investor and CEO of Florida-based Citadel Hedge Fund, announced he donated $20 million in support of candidates that oppose the proposed adult-use cannabis constitutional amendment. 

In the op-ed, published by the Miami Herald, Griffin called the proposal “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. That will help no one other than special interests – and it will hurt us all, especially through more dangerous roads, a higher risk of addiction among our youth, and an increase in crime.” — Griffin, ‘Amendment 3, other misguided policies will harm FL’s comeback. Here’s how I’m fighting it,’ 8/2/24 

Further, Griffin writes that “No one wants the effects of widespread legalization of marijuana – skyrocketing crime, suffering among children, a decline in the quality of life in Florida’s vibrant neighborhoods – but Amendment 3 would make it inevitable.”

Griffin does not name the candidates he plans to support with the donation; however, Smart & Safe Florida, the campaign

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