Texas

Fri
23
Oct

Report Finds Legal Cannabis Could Bring Texas $500M In Annual Tax Revenue

Legalizing cannabis in Texas could bring the state more than half a billion dollars in new tax revenue each year, according to a report released last week by a leading cannabis policy and law firm. The economic analysis from Vicente Sederberg LLP also found that legal pot would result in more than $300 million in savings from reduced law enforcement costs annually and could create up to 40,000 jobs.

Wed
30
Sep

Texas Smokable Hemp Ban Put on Hold Until February

A smokable hemp ban in Texas has been placed on temporary hold until a lawsuit over its legality goes to trial in February.

On Sep. 18, Texas district court Judge Lora J. Livingston ruled that she would temporarily prevent the state from enforcing its ban on smokable hemp after several companies filed a lawsuit, Crown Distributing LLC, et al. v. Texas Department of State Health Services, et al., in August to challenge the policy. (Those companies are Crown Distributing LLC, America Juice Co. LLC, Custom Botanical Dispensary LLC and 1937 Apothecary LLC.)

Tue
22
Sep

Houston's Forensic Science Center Develops Test To Differentiate Marijuana From Hemp

As reported by the Houston Chronicle, the city’s Forensic Science Center has devised a chemical testing procedure capable of differentiating between hemp and psychoactive cannabis. In June 2019, the law that defines hemp and ‘weed’ became effective: it distinguishes them from each basing on whether they are above 0,3% THC content. The maneuver, intended to serve as an added business safety for hemp farmers, created an issue at the prosecution level: THC content has to be proven, since this bill passed. And, a that time, Texas laboratories were not equipped to provide the analytical evidence that entities like state-licensers or prosecutors need to enact regulations.

Fri
18
Sep

How did a CBD testing lab get into the hand sanitizer testing business?

The Food and Drug Administration (FDA) now maintains a lengthy and growing list of hand sanitizer brands that consumers should avoid, having confirmed they contain as much as 81% methanol and other impurities including potentially deadly 1-propanol. "While hand sanitizers and associated claims are regulated by the FDA, the agency now has a waiver program due to the unprecedented time of COVID-19 which doesn't require manufacturers to substantiate label claims. This was in an effort to allow hand sanitizers to get on shelves quickly, under the assumption manufacturers would continue good manufacturing practices," explains Mike Sandoval, President of Santé Laboratories, a bio-hemp pharmaceutical contract research organization (CRO).

Tue
15
Sep

Texas marijuana possession arrests drop 30% amid hemp legalization

Marijuana possession arrests in the state of Texas dropped 30% in 2019 compared to the previous year, according to data recently released by the Texas Department of Public Safety (DPS).

Texas legalized hemp last year, forcing law enforcement officials to drop low-level marijuana cases across the state due to the crop being virtually indistinguishable from the psychoactive and illegal form of cannabis. 

In order to prosecute someone for marijuana possession, a test proving the seized plant contains a THC content above 0.3% would need to be carried out.

Mon
14
Sep

This Texas law unintentionally caused cannabis arrests to drop in the state

The Austin Police Department will no longer cite or arrest people for small possessions of cannabis, Police Chief Brian Manley wrote in a July memo. The announcement essentially decriminalized weed possession in the city, but data shows that marijuana arrests were already trending downward statewide.

Fri
21
Aug

Texas May Have Missed the Hemp Boom. Can the Industry Recover?

There were some very big numbers bandied about when the Texas legislature paved the way for hemp to be grown in the state, with some predicting earnings of up to $40,000 an acre. The reality is that hemp farming has fallen far below such lofty promises.

Despite the nationwide interest in CBD oil for everything from chronic pain to pet anxiety, the hemp market has flattened considerably. Calvin Trostle at Texas A&M AgriLife is the school’s hemp specialist, and he’s seeing the bubble burst for a variety of reasons.

“Prices available to growers are down 85 percent from the 2019 season,” he said. “Nationwide, in spite of new states like Texas coming on the permitted acreage was down 29 percent from 2019.”

Thu
20
Aug

As Texas Hemp Farmers Prepare For Their First-Ever Harvest, Cannabis Regulation Remains Complicated

In Bergheim, Texas, just north of San Antonio, there’s a skunky smell in the air.

“You know, that’s a really good description. Skunky is a very typical terpene that is in most of these plants,” Austin Ruple said.

He’s the president and co-owner of Pur IsoLabs – a hemp and cannabidiol, or CBD company that grows hemp and manufactures retail CBD products.

Ruple stood next to a field of more than 300 hemp plants – a type of cannabis that’s rich in CBD, a legal compound that does not get users high. These plants contain no more than 0.3% THC – the psychoactive component that does get users high.

Thu
20
Aug

Global cannabis testing market to grow 13.4% through 2025

Increasing demand for safety and high-quality medical products has added impetus to cannabis testing services and will contribute to the growth of the global cannabis testing market, which is set to grow by 13.4% by 2025.

According to a Global Market Insights, Inc., report, the growing prevalence for these tests by cultivators and manufacturers will bolster the industry trends. The Bureau of Cannabis Control, as of March 2018, had issued about 26 temporary licenses to testing laboratories in California.

Pages

Subscribe to RSS - Texas