Texas’ estimated $5.5 billion market in hemp-derived THC is in mortal danger after the state House approved a blanket ban on intoxicating products.
The ban, pushed by Lt. Gov. Dan Patrick and approved by the state Senate in March, passed the House by a 86-53 vote on Wednesday night.
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Though a final House vote on Senate Bill 3 is scheduled for Thursday, it’s expected to pass and the ban is likely to be signed into law by Gov. Greg Abbott, according to the Houston Chronicle.
“We are banning high,” Republican state Rep. Tom Oliverson said, according to the Dallas Morning News.
“If it gets you high, it is not legal anymore.”
‘Dismantles the legal hemp industry’ in Texas
The Texas Hemp Business Council
Read full article on Marijuana Business Daily
