Florida Politician Says Wells Fargo Shut Down Her Account Over Pro-Cannabis Stance
A Florida political candidate has said that Wells Fargo has closed her campaign accounts because of her pro-cannabis stance. Nikki Fried, a Democratic candidate for state agricultural commissioner, said during a press conference on Monday that the move by the financial institution is “unprecedented” and “emblematic of what is wrong with our government and politics today,” according to a report in local media.
Fried said that she had exchanged emails with Wells Fargo about her support of medical marijuana and political contributions from donors with ties to the cannabis industry. When representatives of the bank then notified her that the accounts were going to be closed, Fried said at first she thought they were joking.
“I’m a candidate,” Fried said. “I am not touching the plant, I am not selling the plant, I am not producing the plant. I’m simply advocating for the expansion of medical marijuana and that was the reason for (Wells Fargo) closing me down. Secondhand, it was the fact I was taking money from lobbyists who represent the industry.”
Fried speculated that Wells Fargo may be planning similar action with other professionals and businesses connected to legal cannabis.
“And I wonder how many other accounts they are