The Texas hemp-derived THC industry, valued at $5.5 billion, is preserved due to Gov. Greg Abbott's veto of a bill that would have banned its largest market.

Texas gov saves $5 billion hemp-derived THC industry, expands medical marijuana

Jun 23, 2025

Chris Roberts

MJbizDaily

The hemp-derived THC industry in Texas is breathing a $5.5 billion sigh of
relief after Gov. Greg Abbott vetoed a bill that would have outlawed
hemp-derived THC’s biggest individual market.

Texas gov saves $5 billion hemp-derived THC industry, expands medical
marijuana is a post from: MJBizDaily: Financial, Legal & Cannabusiness news
for cannabis entrepreneurs

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