Ron DeSantis Says Florida Supreme Court Should 'Not Have Allowed' Cannabis Legalization Initiative On Ballot
Portfolio Pulse from Maureen Meehan
Florida Governor Ron DeSantis criticized the state's cannabis legalization initiative, Amendment 3, stating it should not have been allowed on the ballot due to misleading summaries. Despite his opposition, recent polls show strong support for the initiative. Trulieve Cannabis Corp has invested heavily in promoting the measure.
July 25, 2024 | 4:42 pm
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POSITIVE IMPACT
Trulieve Cannabis Corp has invested over $40 million to support Florida's cannabis legalization initiative, Amendment 3. Despite opposition from Gov. Ron DeSantis, the initiative maintains strong voter support.
Trulieve's significant financial investment in the cannabis legalization initiative indicates a strong commitment to its success. Despite political opposition, the initiative's strong voter support suggests a positive short-term impact on Trulieve's stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 80