Wells Fargo Terminates Banking Services for Florida Political Candidate Over Her Support for Medical Marijuana
Nikki Fried, a Democratic candidate for agriculture commissioner in Florida, reportedly had her campaign accounts shut down by Wells Fargo over her support for medical marijuana.
“Can you confirm the types of transactions expected for this customer & if any of the transactions will include funds received from lobbyists from the medical marijuana industry in any capacity?” a “relationship manager” for Wells Fargo wrote to the Fried campaign for on July 11th.
Medical marijuana controversy: @WellsFargo has terminated banking services for Florida Ag Commissioner candidate… https://t.co/WAmzr6pSb0— Marc Caputo (@Marc Caputo)1534778155.0
The campaign answered honestly that they have and would continue to do so.
“As a result of a recent review of your account relationships, we determined that we need to discontinue our business relationship and close the account,” the bank responded.
Medical marijuana is already legal in Florida. Fried called the bank's actions "arbitrary" and "unprecedented."