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Ohio Governor to Sign Bill Banning Intoxicating Hemp, Revising Cannabis Law

Ohio Governor Mike DeWine plans to sign legislation banning intoxicating hemp products and revising the state's recreational cannabis law, with implications for companies like Curaleaf.

This news matters because it represents a significant regulatory shift in one of America's key cannabis markets, directly impacting consumers, businesses, and investors. For consumers, it clarifies what products are legal and introduces new possession rules. For businesses like Curaleaf, it changes the competitive landscape and operational requirements. For investors, regulatory changes in major states like Ohio can affect stock valuations across the entire cannabis sector, making this development crucial for portfolio decisions in a volatile industry where policy changes drive market movements.