Despite Industry Protests, Texas GOP Wants Intoxicating Hemp Banned

12/13/2024 4:10:07 AM

(MENAFN- Investor Brand Network) The consumable hemp industry in the state of Texas is valued at an
estimated $8 billion.
When legislators drafted a law to legalize hemp in 2019, they didn't consider the fact that intoxicating hemp could find its way to the market. At the time of enactment,
CBD
was the most common compound derived from hemp. This compound is known for not inducing a high when ingested, and it possesses medicinal properties.

However, the industry's growth allowed for the proliferation of intoxicating hemp, which induces highs when consumed. Currently, intoxicating compounds derived from...

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