US EditionRetail sales of THC products on the chopping block at the Texas Legislature
- Senate Bill 3 seeks to criminalize the manufacturing and selling of consumable hemp products containing THC, with exceptions for non-psychoactive cannabinoids like CBD and CBG.
- If passed, Senate Bill 3 could lead to a $50 million loss in tax revenue over five years, according to the Texas Comptroller.
- Critics argue that the bill could eliminate the Texas hemp industry, impacting around 50,000 jobs and reducing the $8 billion revenue it generates annually.
- Opponents express concern regarding the accessibility of THC products and advocate for regulations rather than a ban.
27 Articles
27 Articles
THC drinks rise in popularity in North Carolina amid push for regulation
GREENSBORO, N.C. (WGHP) — There’s a new drink popping up in bars, breweries, coffee shops and convenience stores: THC drinks. They’re non-alcoholic but still impact your body and its functions. “It chills me out. It’s kind of like an anxiety helper,” said Jonathan Timber. He started drinking them a year ago. Timber feels relaxed when […]
Texas hemp industry pushes back against Senate bill to ban THC
Six years after Texas lawmakers inadvertently triggered the state’s booming consumable hemp market, one chamber of the Legislature is pushing to shut down the industry by barring products that contain tetrahydrocannabinol, or THC.
Retail sales of THC products on the chopping block at the Texas Legislature
Killing an entire industry doesn't fit with the state's business friendly reputation, but that's what some members of one burgeoning sector — cannabis — contend Texas lawmakers are poised to do over the next few months. This article looks at the bills being watch. Often, the lower the bill number, the more likely it is to pass. The big bill for cannabis has the No. 3 label.
Marijuana Moment
newsbudz.comIndustry Protests Texas Senate Bill That Would Ban Hemp-Derived THC Products Currently Available Across The State
“What they’re all screaming about is, ‘We want regulation, but we want it the way we want it.'” By Jasper Scherer, The Texas Tribune Six years after Texas lawmakers inadvertently triggered the state’s booming consumable hemp market, one chamber of the Legislature is pushing to shut down the industry by barring products that contain tetrahydrocannabinol, or THC. Yet even with the backing of Lt. Gov. Dan Patrick (R), the powerful Texas Senate lead…
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