Texas Considers New Regulations and Fee Hikes for Hemp Industry
Texas is on the verge of implementing significant changes in its hemp industry regulations. A ban on smokeable cannabis could take effect soon, alongside proposed legislation that would raise licensing fees for retailers selling hemp-derived THC by an astonishing 13,000%. During a recent public hearing, small businesses expressed strong opposition to these proposed rules, suggesting that such fee increases could jeopardize their operations. Additionally, new rules that would enforce stricter testing requirements for hemp products were also discussed, indicating a shift towards tighter control in the market.
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