Texas Should Regulate THC
- Alan Brochstein, CFA
- Aug 22
- 1 min read

The Texas government continues to work on banning all THC products in Texas, a story that began with the Senate and Congress of the state voting to do so in May and then having the Governor veto it in the last hour a month later. I launched this blog in late June and shared this surprising news about Governor Abbott's veto.
As I said then, there are still threats to the THC from hemp industry, including states as well as the federal government. On July 10th, I shared the agenda for a special session in Texas, which is still ongoing. I am not a lawyer, but it seems like the rules are being broken, as the Senate and the House have voted again for no THC products. This was not on the agenda! Lieutenant Governor Dan Patrick continues to push it:
Senate Bill 6 passed, and Dan Patrick issued a press release on 8/19:
Again, while Dan Patrick is right about some of the issues, his approach is very wrong. He argues that it is too difficult to regulate, but I don't think this conclusion is correct.
It remains to be seen whether regulation, which was on the agenda to discuss, will be addressed. Governor Abbott has not said anything yet about this legislation, which is slightly different from the bill that passed that he vetoed previously in that it permits CBG and CBD.
The House has not yet voted in what is now the 2nd Special Session that began on 8/15, has a few new things on the agenda that are not hemp-related and lasts 30 days.
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