(MENAFN- Investor Brand Network) 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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