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Will Texas Kill A Multibillion-Dollar Industry?

“We have to ban THC and shut all of these stores down”

Texas lawmakers are considering proposals to kill a multibillion-dollar industry as shockwaves roil the economy.

The nationwide proliferation of intoxicating hemp products has spurred a booming industry in the state, but also sparked public health concerns and drawn the ire of Republican Lt. Gov. Dan Patrick.

“We have to ban THC and shut all of these stores down,” Patrick said during a recent press conference. “This is a poison in our public.”

The state Senate overwhelmingly passed legislation last month that would ban practically all hemp products. But the outcome in the House is far from settled, with the industry mounting a lobbying blitz to derail the most punitive proposals.

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