Texas Officials Push for THC Product Bans and Industry Rule Changes
What happened
Greg Abbott vetoed Senate Bill 3, which sought to ban THC products in Texas, but subsequently ordered the state health department to write new hemp rules. Lieutenant Governor Dan Patrick has long advocated for banning these products. These new state rules are reshaping the industry in Austin, forcing some small hemp businesses to close and lay off staff.
From news4sanantonio.com
Why it matters
The new state regulations are forcing small hemp retailers to close stores and lay off employees in Austin. This regulatory action could materially reduce revenue for the hemp retail industry across Texas.
From news4sanantonio.com
Who's involved
- Greg AbbottGovernor of Texas who vetoed a THC ban bill but ordered new hemp rules.
- Dan PatrickLieutenant Governor of Texas who has pushed for a ban on THC products.
- AustinLocation where hemp shops are being affected by the new state rules.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- TexasSpeculative
The hemp retail industry in Texas might see reduced revenue due to the new regulatory action.
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The entities involved
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Greg Abbott
Governor of Texas since 2015
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Dan Patrick
Lieutenant Governor of Texas since 2015
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Austin
seat of Travis County, and capital of the State of Texas