An attorney from Florida, John Morgan, spent $7 million pushing for marijuana legalization in his state. Now the wealthy lawyer whose motto is “For the people” is investing $100 million in medical marijuana, an industry which experts are expecting to be booming pretty soon.
Morgan also acknowledged that he’s interested in owning a stake in a state-licensed marijuana dispensing organization.
“I have invested significant monies in this industry and I plan to invest more,” he wrote. “I have learned a great deal about the miracles of marijuana over the last five years. And what better person than me to be involved?”
Morgan has been among the loudest voices advocating for medical marijuana in Florida. He spent about $6.8 million on the United for Care campaigns to pass a marijuana bill in 2014 and 2016.
But are Morgan’s financial interests influencing his public positions? Was his political investment a down payment on a bigger business plan?
Absolutely not, says Morgan. But speculation has swirled for years.
“I have been approached by many companies here and in the U.S. and have and will continue to consider them,” Morgan said.
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