It is unclear whether Parker will at some point enter the industry, but he has not done so yet. Some researchers are concerned the initiative is not focused public health, but instead on big business. The state has released a report to show how the tax revenue would be used, and how they anticipate legalization might look–for example, it opens the door to cannabis lounges.
Cities and counties across the state are scrambling to pass medical cannabis regulations, many in anticipation of full legalization this November. Many longtime growers are on edge as these regulations, and any that may accompany legalization, will determine whether they can stay–or survive–in the industry.
Below originally published on February 19, under the headline “Sean Parker Has Now Donated $1 Million to Legalize Cannabis in California”
Napster founder and former Facebook president Sean Parker has donated the most money so far toward the leading campaign to legalize cannabis in California. The campaign has a total of $2.25 million, and $1 million of that is from Parker.
Parker also contributed $100,000 to Proposition 19, the failed effort to legalize cannabis in California in 2010.
Below originally published on January 8, 2016, under the headline “California Legalization Campaign Already Has $1.2 Million, $500,000 From Sean Parker”
The leading cannabis legalization group in California has formed a committee this week.
The very long name is: Californians to Control, Regulate and Tax Adult Use of Marijuana While Protecting Children, Sponsored By Business, Physicians, Environmental and Social-Justice Advocate Organizations.
The group also already has more than $1 million in funding, including $500,000 from Sean Parker, formerly of Facebook and Napster. The group also has $250,000 from Drug Policy Action, an arm of the Drug Policy Alliance, and $250,000 from the popular cannabis site WeedMaps. Contributions from these individuals and entities are likely to increase.