The Impact of Big Money in the Marijuana Legalization Movement
One indisputable fact is that big-money interests have now surfaced in a number of states, seeking to influence the type of legalization adopted in specific states, and to profit from the legal marijuana market. We should not be surprised that the economic appeal of legalizing marijuana would attract the attention of people with resources.
Understandably, some activists who have worked long and hard to help bring us to this point, are concerned about the entry of big money into the political equation. They fear the legalization movement has been hijacked by those seeking to profit from legal marijuana.
Of course, big money has been a major factor in the legalization movement as far back as 1996, when the California medical marijuana initiative was bailed-out with money provided by a handful of rich philanthropists, led by George Soros and the late Peter Lewis, who have been major funders supporting many of the statewide initiatives passed since, including both the Colorado and Washington state full legalization initiatives, and more recently the Oregon legalization initiative.
To Read the Balance of this Column, Please Go To Marijuana.com. February 23, 2015