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These 2 Cannabis Companies Kicked In Over $1 Million to Legalize Pot in Florida. Will Their Bets Pay Off?


Should recreational marijuana be legalized in the state of Florida? That's the question that many are hoping will be placed on the 2020 ballot for Florida voters to decide. Ballot initiatives require a lot of money, but two cannabis companies are placing big bets that the Sunshine State could follow in the footsteps of 11 other states that have legalized recreational pot.

MedMen Enterprises (OTC: MMNFF) and privately held Surterra Wellness have each contributed $545,000 to Make It Legal Florida, an organization formed to work toward placing a constitutional amendment on Florida's 2020 ballot to legalize recreational marijuana. Will these companies' big bets pay off?  

Image source: Getty Images.

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Source Fool.com

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