Tag: South Dakota ballot measure

Marijuana stocks tank after Election Day results

Marijuana stocks were reeling Wednesday on the heels of adult-use legalization failures on Election Day in Florida, North Dakota and South Dakota and the grim prospects of national MJ reform under a second Donald Trump presidency. The American Cannabis Operator Index, which includes nine U.S. publicly traded cultivators, processors, retailers and brands, was down nearly […]

South Dakota rejects recreational marijuana ballot measure

South Dakota voters on Tuesday rejected a ballot measure seeking to legalize recreational marijuana for the third straight election cycle. With 92% of the vote counted as of 11:30 a.m. CT Wednesday, the measure was failing 52% to 44%, according to the Associated Press. Initiated Measure 29, funded by South Dakota’s medical marijuana industry, would […]