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flag Texas House approves bill banning THC products, threatening $8B hemp industry and 40,000 jobs.

flag The Texas House has approved Senate Bill 3, which bans THC-containing products, impacting the state's $8 billion hemp industry. flag The bill, awaiting the governor's signature, risks closing 6,300 small businesses and eliminating 40,000 jobs. flag Retailers like Sweet Sensi and Happy Cactus face potential closure, with owners exploring pivots like cannabis-themed bars. flag The bill permits only the sale of non-intoxicating cannabinoids like CBD and CBG, which constitute a small fraction of current sales. flag Proponents argue it will curb high-concentration THC sales, while opponents fear increased illegal activity.

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