420 with CNW — Texas Senators Consider an Outright THC Ban

A Senate committee in Texas recently reviewed a proposed measure that seeks to prohibit all types of THC. SB 3, supported by Lieutenant Governor Dan Patrick, addresses concerns over illegal THC products being sold statewide.

Patrick argues that businesses are taking advantage of a legal loophole to sell potentially harmful substances. In 2019, Texas legalized the production and sale of hemp through the Hemp Farming Act, which allowed for cannabis plants with no more than 0.3% delta-9 THC.

Some business owners acknowledge the need for stricter regulations, such as age restrictions, but believe an outright ban is excessive. According to Jazmin Torres, proprietor of Zenblendz, a smoke shop that sells THC products, a large portion of her clientele consists of elderly folks and veterans who use the products for wellness purposes rather than for recreational purposes. She worries a comprehensive ban would kill the sector.

Hometown Hero, a marijuana wholesaler based in Austin, also voiced concerns. A company representative emphasized that their products offer a safer alternative to alcohol and warned that banning hemp-derived THC could drive sales underground, making regulation even more difficult. The company hopes to collaborate with lawmakers to ensure adult consumers and veterans can continue accessing these products responsibly.

A recent survey by the Hobby School of Public Affairs at the University of Houston examined public opinion on cannabis policies in Texas. While medical cannabis enjoys the most widespread support, there is also significant backing for more relaxed recreational use laws.

The study found that 69% of Texans favor decriminalizing cannabis possession, and 62% support legalizing recreational use and sales. Although opinions differ across political lines, a majority in both major parties back legalization, with 53% of Republicans and 71% of Democrats in favor.

Support for medical cannabis is even higher, with 79% of Texans believing it should be available with a prescription. Among Republicans, 75% endorse medical cannabis, while 86% of Democrats share this view.

Despite widespread backing for cannabis reform, more than 50% of Texans agree with the governor’s proposed ban on THC-infused consumables, which remain unregulated. The level of support varies across different groups: 61% of Republicans, 70% of Gen Z, 48% of Democrats, and 46% of baby boomers are in favor of restricting these products.

As lawmakers consider the economic and consumer impact of this proposal, the Senate State Affairs Committee will continue to assess the potential consequences of banning THC products in Texas.

The marijuana industry, including leading brands like Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) in other jurisdictions recognize that regulation is important, but lawmakers also need to find ways to regulate marijuana without stifling business.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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