Wells Fargo said they decided to terminate their relationship with Fried for two reasons. One, because she accepted campaign contributions—funds she deposited with Wells Fargo—from medical cannabis lobbyists. Wells Fargo & Co. is responding to criticism surrounding its decision to close an account with a pro-marijuana industry political candidate. Wells Fargo. 1.1M likes. For customer support 7 days/week, please message us.

And two, because of her own political platform advocates for expanding access to medical marijuana in Florida. Fried’s campaign also closed its political committee’s account with Wells Fargo in anticipation of another closure and sent a fundraising email asking voters to close their Wells Fargo accounts. On August 3, a Wells Fargo representative called the campaign’s compliance manager to let her know the bank was terminating its relationship with Fried because of her relationship with the medical marijuana industry. A TikTok spokesperson told Campaign Asia-Pacific: "As we consider the best path forward, ByteDance is evaluating changes to the corporate structure of its TikTok business.
Wells Fargo closed the campaign account of Nikki Fried, a candidate for agriculture commissioner in Florida who supports expanded access to … But becoming the target of a political battle between the US and China puts it in a risky position.