Massachusetts: Weed-question support attracts industry money
The battle over the Massachusetts ballot question that would legalize marijuana is attracting more than $100,000 from businesses that could stand to benefit from what could become a lucrative new market in the Bay State.
A vast majority of the more than $2.5 million in contributions to Yes on 4 has come from New Approach PAC, a nonprofit national political committee pushing for marijuana legalization nationwide — but at least $115,000 has been donated by existing businesses in the marijuana industry, according to a Herald review of campaign finance records.
4Front Ventures, a Boston-based consulting firm for dispensaries across the country, has donated $28,500 to Yes On 4 and its original committee, Campaign to Regulate Marijuana Like Alcohol in Massachusetts.
Kris Krane, president of 4Front Ventures, said while his business would likely benefit from legal marijuana, his donations were made for philosophical reasons.
“I do think it probably is going...
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