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Home 🌿 Marijuana Business News 🌿 Sean Parker to Announce Marijuana Legalization Plans Today 🌿Sean Parker to Announce Marijuana Legalization Plans Today
For a few months, rumors have been swirling that technology billionaire Sean Parker — who, at 35, is in a "philanthropist" and "political campaign bankroller" phase — wants to use some of his fortune to legalize cannabis in California.
Today, it's all supposed to become "official." A Parker-funded legalization campaign will announce its "official" existence sometime today, the San Francisco Chronicle reported yesterday, citing anonymous sources.
A few weeks ago, Sacramento political consultants working for Parker circulated a draft initiative among drug policy advocates and other legalization players. This one will be similar, and will receive cash from marijuana industry players and support from some of the nation's top drug policy reform groups.
That leaves out in the cold the Bay Area-based veterans of 2010's Prop. 19. Their 2016 legalization effort, Reform California, now appears to be without a chance at major funding. Indeed, some of Reform California's board members appear...
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