Florida's Supreme Court is holding a crucial hearing on a citizen-led initiative by Smart & Safe Florida, backed by Trulieve Cannabis Corp (OTCQX: TCNNF), to legalize adult-use cannabis, reported Adam Jackson for Green Market Report.
With nearly one million signatures, the initiative promises economic growth but faces questions about federal legality.
Attorney General Ashley Moody argues it's misleading, setting the stage for a significant legal battle with implications for the state's cannabis market.
Medical marijuana was legalized in Florida in 2016 …