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Multibillionaire investor George Soros backs Proposition 19
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| Contributor | Hikikomori Blitzkrieg! |
| Last Edited | Hikikomori Blitzkrieg! Oct 26, 2010 12:56pm |
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| Category | News |
| Author | John Hoeffel |
| News Date | Tuesday, October 26, 2010 02:50:00 AM UTC0:0 |
| Description | George Soros, the multibillionaire investor who helped bankroll three initiatives to change drug laws in California, endorsed the marijuana legalization initiative Monday and plans to make a major financial contribution to the campaign.
Soros, who invested $3 million in the medical marijuana initiative and two other measures, made his announcement in an opinion piece published online by the Wall Street Journal. "Proposition 19 already is a winner no matter what happens on election day. The mere fact of its being on the ballot has elevated and legitimized public discourse about marijuana and marijuana policy in ways I could not have imagined a year ago," Soros wrote. The article is scheduled to appear in Tuesday’s print edition.
Soros, who runs a hedge fund and founded the Open Society Foundations, has not yet donated to the campaign. But Michael Vachon, an advisor to Soros, said that "he plans to make a significant contribution." |
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