Times-Herald

Medical marijuana firms lead donors for legal weed campaigns

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JEFFERSON CITY, Mo. (AP) — The call went out from leaders in the medical marijuana industry: Money was needed for a Missouri ballot initiative to legalize recreation­al cannabis for adults. Their colleagues responded.

Marijuana farms, manufactur­ers and retailers provided millions of dollars that footed a petition drive to put the proposal on the November ballot and promote it to voters. The deep-pocketed outpouring highlighte­d the depth of the emerging industry's roots in the traditiona­lly conservati­ve state, as well as its tremendous potential for growth.

All told, marijuana legalizati­on campaigns have raised about $23 million in five states — Arkansas, Maryland, Missouri, North Dakota and South Dakota. The vast majority of that has been in Arkansas and Missouri, where more than 85% of contributi­ons have come from donors associated with companies holding medical marijuana licenses, according to an Associated Press analysis of the most recent campaign finance reports.

The biggest donor is Good Day Farm, which describes itself as the "largest licensed medical cannabis producer in the South" with facilities in Arkansas, Missouri and Louisiana. It gave a combined $3.5 million to legalizati­on campaigns in Arkansas and Missouri. And when the Missouri campaign needed help gathering petition signatures, Good Day Farm paid an additional $1 million directly to the firm circulatin­g the petitions.

"It's kind of the cost of doing business, I guess," said Alex Gray, chief strategy officer at Good Day Farm. "This is something that is a positive for the industry, but it's also a positive for the state."

Licensed medical marijuana businesses affiliated with Greenlight have given a total of about $1 million to legalizati­on campaigns in Arkansas, Missouri and South Dakota, according to the AP's analysis.

If the ballot measures pass, Greenlight CEO John Mueller said he expects to "easily double" a workforce of about 370 people at Greenlight-affiliated cultivatio­n farms and dispensari­es in Arkansas, Missouri, South Dakota and West Virginia.

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