The marijuana industry appeared headed for a clean sweep on Election Day, with voters approving new markets in Arizona, Mississippi, Montana, New Jersey and South Dakota that could generate more than $2.5 billion in medical and recreational cannabis sales a year by 2024.
New Jersey, Arizona, Montana and South Dakota represented the 12th, 13th 14th and 15th states in the country to legalize recreational marijuana markets, according to media projections.
Voters also approved new medical markets in Mississippi and South Dakota, capping a 100% win rate for state legalization ballot measures in the 2020 election.
On the federal scene, the presidential race remained undecided early Wednesday.
And Republicans were hanging on to control of the U.S. Senate, but some of the pivotal races also were too close to call.