Texas Hemp Rules Spark Business Backlash
Lubbock Daily News Now | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Texas Hemp Industry Faces Crushing New Regulations: Skyrocketing Fees, Slashed THC Levels, and Potential Ban
Texass Department of State Health Services has imposed harsh new rules on hemp and THC products, causing significant financial strain on local businesses. Manufacturers and retailers face exorbitant fee increases, while allowed THC levels are drastically reduced, effectively eliminating smokeable products for many shops. These changes stem from Governor Abbotts decision to regulate instead of ban these products, following his veto of a full shutdown last year. The hemp industry has contributed over ten billion dollars to the Texas economy since legalization in 2019. Business owners, like Jennifer Garza from CBD American Shaman in Lubbock, express concern over the new regulations, which could lead to the closure of thousands of businesses and job losses. Industry leaders are planning a lawsuit against the state, and stores defying the smokeable ban risk hefty fines. Lieutenant Governor Dan Patrick is set to push for a total THC and hemp ban in the next legislative session. As the situation unfolds, the risk of a thriving black market increases if legitimate shops close, impacting both entrepreneurs and consumers in Texas.
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