Monday's Florida Supreme Court decision approving a cannabis amendment to allow Florida residents to vote on legalizing adult-use marijuana in the November 2024 election elicited optimistic responses in the cannabis community.

Starting withKim Rivers, CEOofTrulieve Cannabis Corp(OTCQX:TCNNF), the largest marijuana company in Florida — which donated a tidy sum of at least $40 million toward the cause — sounded quite pleased in an email to Benzinga.

"We are thankful that the Court has correctly ruled the ballot initiative and summary language meet the standards for single subject and clarity. We look forward to supporting this campaign as...