Cannabis industry launches first super PAC ahead of 2024 election
The U.S. cannabis industry has formed its first super PAC and hopes to have it rolling money into political campaigns in time for the 2024 election season. A new bipartisan super PAC called Legalize America launched last month with the backing of the U.S. Cannabis Council and key cannabis-related businesses, according to a MarketWatch report. Unlike traditional political action committees, super PACs can accept unlimited sums of money from donors but are barred from directly coordinating with candidates. Legalize America's backers said they want to fund it via round-up donations from customers at dispensaries, according to MarketWatch.
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