What is the Texas Farm Bill?
A LITTLE HISTORY OF CBD in TEXAS
The Texas Farm Bill, more formally known as House Bill 1325, was signed into law in June 2019 and brought significant changes to the hemp industry in Texas. It legalized the cultivation, production, and sale of hemp and hemp-derived products, provided they contain no more than 0.3% THC, aligning state law with federal regulations established by the 2018 Farm Bill.
This legislation has notably impacted the CBD (cannabidiol) market in Texas by allowing the legal sale and possession of hemp-derived CBD products without requiring a doctor's prescription. This has broadened the availability of CBD products across the state, from oils and creams to dietary supplements.
Looking ahead, the upcoming 2024 Farm Bill may introduce further changes. There is discussion among lawmakers and stakeholders about increasing the allowable THC content in hemp products from 0.3% to 1%, which could significantly affect the types of CBD and other cannabinoid products available on the market. This change would benefit hemp growers by reducing the risk of having to destroy crops that slightly exceed the current THC threshold. Additionally, the bill aims to address regulatory issues, such as the FDA’s stance on CBD, which could help standardize and potentially expand the market for CBD products.
Overall, the evolving legislation around hemp and CBD indicates a growing acceptance and integration of these products into the mainstream market, reflecting wider changes in public and political attitudes towards cannabis-related products.
- Generated May 4th, 2024