Full text of a choice option visible in form view

ConnM I did some research from my end and seems it is possible by applying the JSON column formatting on choice columns.

Here's the JSON I used: 

{
  "$schema": "https://developer.microsoft.com/json-schemas/sp/v2/column-formatting.schema.json",
  "elmType": "div",
  "style": {
    "flex-wrap": "wrap",
    "display": "flex"
  },
  "children": [
    {
      "elmType": "div",
      "style": {
        "box-sizing": "border-box",
        "padding": "4px 8px 5px 8px",
        "overflow": "hidden",
        "text-overflow": "ellipsis",
        "display": "flex",
        "max-width": "200px",
        "word-wrap": "break-word",
        "border-radius": "16px",
        "height": "44px",
        "align-items": "center",
        "white-space": "wrap",
        "margin": "4px 4px 4px 4px"
      },
      "attributes": {
        "class": {
          "operator": ":",
          "operands": [
            {
              "operator": "==",
              "operands": [
                "@currentField",
                "Lorem ipsum dolor sit amet consectetur adipiscing elit"
              ]
            },
            "sp-css-backgroundColor-BgCornflowerBlue sp-field-fontSizeSmall sp-css-color-CornflowerBlueFont",
            {
              "operator": ":",
              "operands": [
                {
                  "operator": "==",
                  "operands": [
                    "@currentField",
                    "Ut enim ad minim veniam quis nostrud exercitation"
                  ]
                },
                "sp-css-backgroundColor-BgMintGreen sp-field-fontSizeSmall sp-css-color-MintGreenFont",
                {
                  "operator": ":",
                  "operands": [
                    {
                      "operator": "==",
                      "operands": [
                        "@currentField",
                        "Duis aute irure dolor in reprehenderit voluptate"
                      ]
                    },
                    "sp-css-backgroundColor-BgGold sp-field-fontSizeSmall sp-css-color-GoldFont",
                    {
                      "operator": ":",
                      "operands": [
                        {
                          "operator": "==",
                          "operands": [
                            "@currentField",
                            ""
                          ]
                        },
                        "",
                        "sp-field-borderAllRegular sp-field-borderAllSolid sp-css-borderColor-neutralSecondary"
                      ]
                    }
                  ]
                }
              ]
            }
          ]
        }
      },
      "txtContent": "@currentField"
    }
  ]
}

Specifically, I added below inside style of inner div element: 

"max-width": "200px",
"word-wrap": "break-word",
"white-space": "wrap",

List view: 

List form: 

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