Will a court block Montana's I-194 spending ban in 2026?

If any federal or state court issues a temporary restraining order or a preliminary or permanent injunction barring enforcement of Montana Initiative 194 (2026), or declares it invalid or unenforceable, in whole or in part in Frontier Institute v. Knudsen (D. Mont.), any appeal of that action, or any other action challenging Initiative 194's validity before Jan 1, 2027, then the market resolves to Yes.