Texas considers ban on cannabis products 6 years after legalization in the state

Texas considers ban on cannabis products 6 years after legalization in the state

Texas lawmakers are considering outlawing cannabis products 6 years after they became legal and led to a multibillion-dollar market. Lawmakers say sales have led to abuses and health problems.

Regulatory chaos threatens US hemp industry

The U.S. hemp-derived cannabinoid market has swelled in total value, but the industry continues to face serious threats from a messy patchwork of state bans and regulations that are stunting growth and pushing production overseas, according to a leading cannabis economist. “All this hysteria over cannabinoids is having a profound effect on the fiber and grain environment,” said Beau Whitney, founder of Whitney Economics, told Green Market Report…

BLK ALERTS - Texas may ban THC products just a few years after legalization started a big business

The Texas Legislature is considering a ban on consumable THC products as some lawmakers say the booming business has caused health problems and allowed sales to minors. (Image credit: Andrew Schneider)