Currently, stocks like Trulieve (OTC: TCNNF), Curaleaf (OTC: CURLF), and Verano Holdings (OTC: VRNOF) are considered leading cannabis companies in the industry but are experiencing 52-week lows.

The cannabis industry has faced hard times since election night on November 5th when Donald Trump became the 47th President of the United States. Even though Trump endorsed Amendment 3 in Florida, which would have legalized recreational cannabis, the amendment failed to pass with Governor Ron DeSantis playing a massive role in it, and marijuana stocks have since fallen more than 50% in the past 6 weeks.

On the flip side, over the past 48 hours, both South Carolina and Wisconsin announced a marijuana framework for 2025, and Ohio's adult-use cannabis will fully kick in Q1 2025.

#trump #trumpadministration #47thpresident #cannabis #marijuana #cannabisstocks #marijuanastocks #cannabisindustry #stocks #yeson3 #amendment3

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