Texas Governor Vetoes THC Ban, Calls for Special Session on Regulations

Texas Governor Vetoes THC Ban

• 📌 Governor Greg Abbott has vetoed a bill that would have banned all consumable products containing any THC, with the exception of medical marijuana.
• ⚡ This veto occurred less than an hour before the midnight deadline, following weeks of political pressure.

Lieutenant Governor's Priority Stalled

• 🎯 The vetoed bill was a significant priority for Lieutenant Governor Dan Patrick.
• ⚠️ Patrick criticized the veto, stating it effectively legalizes recreational marijuana in Texas, whether intentional or not.

Abbott's Alternative: Special Session for Regulations

• ⚖️ Instead of an outright ban, Governor Abbott has called for a special session to establish new regulations for THC.
• 💡 Abbott proposes rules similar to alcohol sales, including age restrictions (under 21) and allowing local governments to decide on store sales.

Impact on Hemp Industry and Stakeholders

• 📈 The hemp industry, which employs 53,000 Texans and generates over $4.3 billion annually, can continue operating.
• 🧑‍⚕️ Groups opposing the ban included hemp farmers, dispensary owners, veterans, and patients who use marijuana for pain management.
• 🚓 Lieutenant Governor Patrick claimed the bill had widespread support from law enforcement.

Upcoming Special Session

• 🗓️ A special session is scheduled for July 21st to focus on creating new rules for regulating THC.