Texas’s Ridiculous New Marijuana Ban: Jobs Lost, Revenue Down, and Freedoms Restricted
Texas Governor Greg Abbott may soon sign Senate Bill 3, a sweeping ban on products containing any amount of THC, effectively eliminating the state’s multi-billion dollar hemp industry. Driven by Lieutenant Governor Dan Patrick’s anti-cannabis crusade, the bill jeopardizes 50,000 jobs and billions in tax revenue, despite widespread opposition and concerns about creating a dangerous black market. The legislation ignores the federal hemp allowance for products with less than 0.3% THC, punishing businesses and consumers who utilize hemp products. While some concerns exist regarding products exceeding federal THC limits, the bill’s broad scope is widely criticized as an overreaction.
John Q. Hosedrinker