As the 2024 elections heat up, a look at the data reveals that publicly traded companies are indirectly supporting cannabis legalization efforts by funneling millions of dollars into Democratic candidates' campaigns.
This alignment could prove significant for the industry, particularly as Democratic candidate Kamala Harris reiterated that cannabis should be legalized nationwide.
Read Also: Kamala Harris: 'We Need to Legalize' Cannabis, VP Says For First Time As Presidential Candidate In 'All The Smoke' Podcast
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Corporate Giants
Big-name companies like Google (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), and Netflix (NASDAQ:NFLX) are among those whose employees have poured large sums into Democratic coffers.
According to Quiver Quantitative, a data platform that tracks political donations, Google's workforce contributed $4.1 million to Democrats, compared to just $629,778 to Republicans. Similarly, Microsoft employees sent $3.45 million to Democrats, dwarfing their $876,320 to Republicans.
Netflix stands out with $4.47 million exclusively to Democrats, revealing a clear preference among tech giants.
Image via Quiver Quantitative Financial Industry Weighs In
Financial powerhouses like Blackstone (NYSE:BX) and Charles Schwab (NYSE:SCHW) also show their leanings. Blackstone, traditionally seen as conservative, donated over $1 million to Democrats but still favored Republicans with over $6 million.
Meanwhile, Charles Schwab employees contributed $2.98 million solely to Democratic campaigns.
Democratic Funding
With over $20 million directed toward Democratic candidates across industries, cannabis legalization could receive a much-needed push.
Notably, contributions from companies like Palantir (NYSE:PLTR) and Arista Networks (NYSE:ANET) demonstrate the industry's broader support, with Palantir employees donating $2.26 million to Democrats, compared to $1.05 million to Republicans.
Disclaimer: This data, includes donations to all PACs as of September 30, mapped to parties based on their expenditures. It is heavily influenced by company executives, who often make multi-million dollar Super PAC donations. Donations to PACs with mixed expenditures between parties are not included.
2024年選舉進入白熱化階段,數據顯示,上市公司通過向民主黨候選人的競選活動注入數百萬美元,間接支持大麻合法化努力。
這種一致性對該行業可能具有重要意義,尤其是在民主黨候選人賀錦麗重申大麻應該在全國範圍內合法化的情況下。
閱讀更多:賀錦麗:'我們需要合法化' 大麻,副總統首次在'All The Smoke'播客中作爲總統候選人表示
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企業巨頭
谷歌(NASDAQ:GOOGL)、微軟(NASDAQ:MSFT)和奈飛(NASDAQ:NFLX)等知名公司的員工紛紛向民主黨捐助了大筆資金。
根據跟蹤政治捐贈的數據平台Quiver Quantitative,谷歌的員工向民主黨捐款410萬美元,而向共和黨只有629,778美元。同樣,微軟員工向民主黨捐款345萬美元,遠遠超過他們對共和黨的876,320美元。
奈飛以447萬美元全額捐助民主黨,顯示出科技巨頭明顯偏好。
圖片由Quiver Quantitative提供 金融業態度
像黑石(紐交所:BX)和嘉信理財(紐交所:SCHW)等金融巨頭也展現了他們的立場。傳統上被視爲保守的黑石向民主黨捐贈了超過100萬美元,但仍向共和黨傾斜,捐款超過600萬美元。
與此同時,嘉信理財的僱員僅向民主黨競選活動捐贈了298萬美元。
民主黨資金
在各行業間向民主黨候選人投入了超過2000萬美元,大麻合法化可能會得到迫切需要的支持。
值得注意的是,像palantir(紐交所:PLTR)和arista networks(紐交所:ANET)這樣的公司捐款顯示了行業更廣泛的支持,palantir的員工向民主黨捐款226萬美元,而向共和黨捐款105萬美元。
免責聲明:此數據截至9月30日包括對所有PAC的捐贈,根據它們的支出分配到各政黨。這在很大程度上受公司高管的影響,他們經常進行數百萬美元的超級PAC捐款。未包括對支出分散在各政黨之間的PAC的捐款。