Florida's Legalization Vote Causes Cannabis Stocks to Plummet

Reported 19 days ago

A ballot measure to legalize recreational marijuana in Florida failed, resulting in significant declines in cannabis stocks, with Canopy Growth Corporation falling 20% and Tilray Brands dropping over 10%. Although more than half of voters supported legalization, the measure did not meet the 60% threshold required for constitutional change, leaving the future of cannabis growth in Florida uncertain.

Source: YAHOO

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