Texas Hemp Businesses Sue Over New Rules

0:00Texas Hem Businesses are suing the state over new rules that kicked in on March 31st, claiming they'll wipe out the whole industry. The big beef is the state's switch to a total THC formula, counting stuff like THCA alongside Delta 9 THC, which hits way harder on what's legal. Add in sky high fines of $10,000 a day per violation, license yanks, and jacked up fees for makers and shops, and you got a recipe for. These rules flip the script from a 2019 law that kept Delta 9 THC in check. Industry folks built their empires over six years on that standard, pouring in life savings and quitting jobs. Now the state says it's closing a loophole on a billion dollar game that popped up too quick. Business owners are sounding the alarm, with leaders like Cynthia Cabrera from the Texas Hem Business Council calling it devastating. Flower products make up 50 to 90% of sales for some shops, so revenues tanking hard. They predict thousands of closures and tens of thousands of jobs, gone if this sticks.

1:02A coalition including the Hemp Business Council dropped a massive 330 page lawsuit to block it all. They're cool with age checks and child proof packaging. Nobody's fighting that, but want the potency and penalty parts tossed. No word from the state yet, but plaintiffs are pushing for a temporary restraining order with a hearing set for Friday. This legal clash could reshape Texas' hemp hustle, pitting business survival against state control. Keep an ear out as the courtroom battle heats up in the Lone Star State. That wraps Dallas News today, brought to you with AI. I'm Cory with the story.