Today’s Pickup: Texas legalizes hemp, CBD

Jun 13, 2019 at 08:47 AM CST
Texas legalized hemp and its non-psychoactive derivative CBD. Gov. Greg Abbott signed House Bill 1325 on June 11, which allows for the farming, transportation and sale of hemp products, effective immediately. The move by the second-largest state in the U.S. is an important step following hemp’s federal legalization under the farm bill in 2018. It opens the door for a lucrative industry to move outside the grey market, while offering a new legal cash crop for Texas farmers. On the transport side, HB1325 appears to address some of the pitfalls about hauling hemp. The Department of Public Safety is being tasked to develop a shipping certificate or cargo manifest related to hemp transport. They will be issued to license holders and contain unique identifying numbers for each shipment to facilitate roadside inspections.

Jun 13, 2019 at 08:47 AM CST

Texas legalized hemp and its non-psychoactive derivative CBD. Gov. Greg Abbott signed House Bill 1325 on June 11, which allows for the farming, transportation and sale of hemp products, effective immediately. The move by the second-largest state in the U.S. is an important step following hemp’s federal legalization under the farm bill in 2018. It opens the door for a lucrative industry to move outside the grey market, while offering a new legal cash crop for Texas farmers. On the transport side, HB1325 appears to address some of the pitfalls about hauling hemp. The Department of Public Safety is being tasked to develop a shipping certificate or cargo manifest related to hemp transport. They will be issued to license holders and contain unique identifying numbers for each shipment to facilitate roadside inspections.