Texas legislators are mulling over a THC ban, which could have a major impact on the cannabis industry in Texas. Businesses and consumers will be left without definite answers. Proposed legislation targets hemp THC-derived products such as delta-8, delta-9 and other delta derivatives, that have been popularized due to the legal loophole found in 2018 Farm Bill. The ban, if passed, would restrict the availability of these products and could have serious economic consequences for the growing market in the state.
The push for a THC ban
Supporters of the ban claim that THC-containing products without regulation pose health risks to minors. Ken Paxton of the Texas Attorney General’s office has voiced his concern about hemp-derived THC being sold in an irresponsible manner. The lawmakers who support the ban cite reports that delta-8- and delta-9-THC consumption is increasing emergency room visits, which fuels arguments for tighter regulations.
Opponents, such as cannabis entrepreneurs and advocacy groups argue that outright banning the products would harm small businesses and force consumers into unregulated markets. A sudden ban on hemp products could cause job loss and economic declines for many entrepreneurs who have made their livings from the industry.
What Does This Mean for Texas?
This law, if it were to be passed, would make dispensaries, retailers, and manufacturers remove THC from their stores, which could lead to financial instabilities across the entire industry. Many companies are already planning for possible closures and legal battles in order to contest the proposed legislation.
Texas’s stance towards THC on a larger scale could be a precedent to other conservative states struggling with hemp regulation. Texas could be left behind as other states, such as Oklahoma or New Mexico, adopt progressive policies on cannabis. As of now, both business owners and activists are watching closely the legislative development, in hopes for a compromise which balances economic opportunity with regulation.