First it was Napster at age 19. Then it was Plaxo in 2002. He broke all records with Facebook in 2004. Sean Parker, a Silicon Valley billionaire, now boards the Pineapple Express recognizing the potential that marijuana related business carries with it.
Parker recently gave $500,000 to California’s Adult Use of Marijuana Act (AUMA) campaign chest. That’s on top of the $500,000 he donated earlier this year to the same cause, according to a SFWeekly report.
The internet guru has now donated an additional $1 million to AUMA’s campaign; still hasn’t revealed why he is so fond of the cause.
According to SFWeekly, “Parker is by far the biggest donor to the effort, so much so that the AUMA is also known as the “Parker Initiative.” Which is odd, considering Parker has thus far said very little about why he’s involved.”
If the initiative passes, California would begin regulating and taxing the recreational marijuana industry. Everyone older than 21 would be able to possess up to an ounce of marijuana, and grow up to six plants at home – in a secure location, away from public eyes.
“The Adult Use of Marijuana Act will empower California voters to end marijuana prohibition in 2016 and replace it with a more sensible system,” says the Marijuana Policy Project, another major AUMA supporter.
“We look forward to working with the initiative proponents and doing whatever we can to help pass this measure and make history in California next year.”
Up till now, four states and the District of Columbia have legalized marijuana for adult recreational consumption; however, legalization in California could be a game changer, due to the state’s size and population.
California, with approximately 38.8 million residents, is more than double the combined populations of the four states that have legalized pot: Oregon, Colorado, Alaska and Washington.
A poll conducted in June 2006 revealed that 54% of Californian voters support marijuana legalization.