The spike in spending comes during the same cycle federal lawmakers in the House passed the SAFE Banking Act. The bill was the first-ever stand-alone cannabis reform measure considered by the chamber.
Other major spenders this cycle include Curaleaf Inc. ($700,000), whose Senior Vice President of Government Relations serves as the chairman of the Cannabis Trade Federation, the National Cannabis Roundtable ($445,000), the National Cannabis Industry Association ($430,000), Parallel Brands ($420,000), Tweed Inc ($210,000), Canndescent ($190,000), the Global Alliance for Cannabis Commerce ($140,000), Dama Financial, and Trulieve ($120,000 each).
Published: October 30, 2019
Founder & Interim Editor of L.A. Cannabis News