The 2024 election results were mostly a mixed bag, leaning toward negative for the legal cannabis industry. But some industry leaders express optimism for the future.

Key Takeaways Marijuana stocks fell Wednesday after a ballot measure in Florida that would have legalized recreational marijuana in Florida failed to pass.The proposed amendment received 55% of the vote,

North Dakota and South Dakota also failed in their efforts to legalize cannabis for recreational use, while a medical measure passed in Nebraska.