It’s been a while since East Texas actively started selling CBD products across retail stores, but it’s only this month that a regulatory framework has been established throughout Texas. Legislators are hoping that this step will help the future of the CBD industry despite the grey lines in health benefits.
Texas Hemp Farming Approved
Governor Greg Abbott recently signed an official bill that legalized hemp farming and CBD products sale provided the THC concentration is lower than 0.3%. According to Senator Perry, this is huge for farmers willing to cultivate hemp and for industries to use raw hemp for their purposes. He also mentioned how diverse the uses of the plant are, and that these uses can be beneficial for the economy. The hemp fiber, seeds, and oil have been shown to get great rapport among the public.
CBD Products To Be Manufactured In Texas
Although public opinion is largely positive, there have been certain circumstances where businesses have taken advantage of this. Many shops have been selling unchecked products ever since the bill has been signed, which means consumers are unaware of the contents inside the products. Also, some products such as CBD oil came from outside Texas, which means the products are not regulated through Texas authorities, and there are no measures of product quality control, according to Senator Perry.
With the signing of the bill, Texas can now develop its own hemp farms and create its own hemp derived products without relying on external sources. All hemp farmers must carry a license in this regard. With that, now, Texas can create its own hemp products, which would eventually earn the ‘Go Texan Brand’ certificate, which verifies that the products are grown and manufactured right in Texas, with quality control performed by Texas authorities. Hemp and CBD are related to the cannabis species, however, unlike marijuana, CBD cannot get people high, which make hemp a popular choice for farming.
Baby Steps towards the Hemp Industry
Sunny Krezdorn, a pharmacist at Rose City Pharmacy says that more people are keen on using CBD products. He expressed his interest in selling new CBD-infused products soon. With the law signed, he feels more comfortable in stocking and selling products in the pharmacy. There is still no word on when the new products will arrive. With 30 other states adopting hemp farming programs, Texas may get close competition but is still far behind. Production facilities are yet to start and farmers are still learning ways in which hemp can be produced efficiently. Perry hopes that Texas will get a large market share of the current 20 billion dollar hemp industry and expand its reaches a well.
A slight setback to Texas’s goals on CBD industries is the FDA’s recent attempt at regulating CBD products. There is a ban on using CBD in foods, cosmetics, drinks, and dietary supplements, as there is not enough scientific backup to prove the benefits that some of the products claim to provide. Despite a recent public hearing, FDA has yet to provide a set of guidelines for the use of CBD products, that coincide with the rules of the states and interests of the industries.