WeedMaps Pumps $2 Million Into CA Marijuana Legalization

WeedMaps is getting into politics.

The popular dispensary listings site has pledged $1 million to a newly-formed campaign committee dubbed Californians for Sensible Reform, and another $1 million into a political action committee by the same name, according to the San Francisco Chronicle.

The first committee will throw its finances behind whichever legalization ballot measure next year it deems most worthy, and the second committee will support cannabis-friendly candidates, the Chronicle reported.

Though marijuana companies throwing money behind political campaigns is nothing new, the scale of WeedMaps’ donation is what’s noteworthy. Troy Dayton, CEO of the ArcView Group, told the Chronicle that such a hefty political donation is the largest he’s ever heard of from a single company.

“It is yet another sign that the industry is maturing,” Dayton said.

And there could be multiple ballot measures for WeedMaps to choose from when it comes time to back a horse. At least two marijuana-related ballot measures have already been filed with the state, with at least one more on the way.

Daily News | Briefs | California Medical Cannabis Business & Marijuana Legal News | Recreational Marijuana News

 1 Comment

  1. Jahpharmer April 22, 2015

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