Trump Weighs In on Florida Cannabis Legalization Ballot Measure

0.9 min readPublished On: September 9th, 2024By

LOS ANGELES- Former President Donald Trump recently shared his thoughts on Florida’s Amendment 3, a ballot measure that would legalize cannabis for adults 21 and over. In a post on Truth Social, Trump signaled tentative support for the initiative, marking his first public stance on cannabis legislation during this election cycle. Amendment 3, backed by major cannabis company Trulieve, would permit adults in Florida to possess, purchase, and use cannabis for personal, non-medical purposes.

Public opinion polls show strong bipartisan support for Amendment 3, reflecting a broader shift in attitudes toward cannabis legalization in the U.S. Trump acknowledged this growing public sentiment, noting that the measure’s approval is likely. However, his comments also revealed some misunderstandings about cannabis legalization, such as concerns about public consumption and fentanyl-laced products, which experts largely dispute.

Despite not fully endorsing cannabis legalization, Trump’s remarks may signal a shift within the Republican Party, where opposition to cannabis reform has been common. As the 2024 election approaches, his position could influence other GOP members to reconsider their stance on the issue.

About the Author: HCN News Team

The News Team at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

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