Unofficial results showed the measure was defeated 65.1% to 34.8%.

Opponents of the bill had been outspent by a 20-to-1 ratio, according to the report.

Curt Steiner, campaign director for Ohioans Against Marijuana Monopolies, spoke about the victory for opponents of the measure, "Issue 3 was nothing more and nothing less than a business plan to seize control of the recreational marijuana market in Ohio," he said. "Issue 3 was designed and built primarily to garner massive and exclusive profits for a small group of self-selected wealthy investors. Issue 3 was about greed, not good public policy."

Another measure to legalize pot will likely be on the Ohio ballot next year.

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