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420 with CNW — Ohio House Approves Bill Reforming Marijuana Laws, Banning Hemp THC

Lawmakers in Ohio advanced a measure that would tighten rules on hemp products with intoxicating effects and revise several parts of the state’s recreational cannabis system. The House approved Senate Bill 56 in a 52-34 vote, sending it back to the upper chamber for final consideration. 

Critics say the new bill ignores what residents approved. Supporters argue it brings needed structure to a young industry and addresses public safety concerns as the market expands. Many actors within the broader marijuana industry, even across borders, such as Tilray Brands Inc. (NASDAQ: TLRY) (TSX: TLRY), will be happy that some clarity is…

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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