ACF WYSIWIG field does not format paragraph breaks

I have read several topics on the subject, but none of them have helped me.
I have GB PRO and ACF PRO. The WYSIWIG field does not format paragraph breaks in the text editor. https://imgur.com/a/1guWj0m

Can’t I use the dynamic content and select the post meta directly? Do I have to do it with a shortcode created with code in the functions.php?

I’ve tried putting this in functions.php, but it doesn’t work, it keeps reading in one go:

function custom_tinymce_config($init) {
// Don’t remove <p> and <br> tags
$init[‘wpautop’] = false;
$init[‘forced_root_block’] = false;
return $init;
}
add_filter(‘tiny_mce_before_init’, ‘custom_tinymce_config’);