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Texas Business Community on Edge Over Senate Bill 3

Texas Hemp Farm

News Summary

The Texas hemp industry faces uncertainty as Senate Bill 3, which could ban all THC products, awaits action from Governor Abbott. The bill has sparked significant concern among local businesses, as THC products account for a substantial portion of their sales. A grassroots movement has emerged, with over 100,000 signers opposing the bill, urging for regulations instead of an outright ban. The outcome of this legislative decision could have far-reaching effects on the $8 billion hemp industry and the livelihoods of many Texans.

Texas Business Community on Edge as Senate Bill 3 Looms

In the vibrant city of Austin, the air is thick with tension as Texas Governor Greg Abbott grapples with a hot-button issue that could significantly impact the state’s booming hemp industry. Senate Bill 3 is currently resting on the governor’s desk, and if signed into law, it could outright ban all THC products in Texas.

The Heart of the Matter

This controversial bill lays out stringent new regulations for consumable hemp products, effectively shutting the door on most THC products. The only winners in this scenario would be non-intoxicating counterparts, like CBD and CBG. Lt. Governor Dan Patrick has been vocal in championing this bill, arguing that unregulated THC products pose serious health risks not just for children, but for adults as well.

Patrick’s viewpoint is that banning these products will serve as a protective measure for the health of the general public. He raises concerns about large, colorful packages of gummies stocked at gas stations—easily accessible but not necessarily safe.

Governor Abbott: Torn Between Two Bills

While Patrick stands firm on the side of a ban, Governor Abbott finds himself in a difficult position. He is considering Senate Bill 3 alongside another piece of legislation, House Bill 46, which aims to expand the state’s existing medical marijuana program. Abbott has a deadline looming; he has until June 22 to either sign, veto, or allow the legislation to become law without his signature.

What’s at Stake for Texas Businesses?

The atmosphere among business owners in the hemp sector is charged with anxiety. Many businesses report that a significant portion of their sales—around 70%—comes from THC products. With a bill like Senate Bill 3 potentially looming, the situation has been described as “scary.” Many of these shops cater to veterans, and the thought of losing a product that many rely on for medical relief has heightened concerns among business owners.

The People’s Voice

In a surprising twist, over 100,000 petition signers have united to voice their opposition to SB 3, urging Governor Abbott to veto the bill. This grassroots movement includes veterans and supporters of CBD, who argue that sufficient regulations already exist to ensure product safety without resorting to a total ban. With this in mind, many are questioning whether Texas should shift from regulating the hemp industry to limiting access entirely.

The Ripple Effect

The Texas hemp industry is currently valued at approximately $8 billion and supports about 50,000 jobs. Many within the community fear that the passage of SB 3 could not only lead to job losses but also deprive consumers of safe and regulated options. Advocates for the industry emphasize that many other states have successfully implemented structured regulatory approaches instead of opting for outright bans.

A Split in Opinions

What’s Next?

If SB 3 is signed into law, Texans can expect a new reality starting September 1, 2025, as they navigate potential changes in product availability and market dynamics. Both consumers and industry leaders will undoubtedly be grappling with how to avoid a market flooded with unregulated and possibly unsafe alternatives.

The buzz surrounding Senate Bill 3 marks a pivotal moment for the Texas hemp industry. The bill’s outcome could significantly shape not just the business landscape but also the health and well-being of many Texans.

Deeper Dive: News & Info About This Topic

STAFF HERE AUSTIN WRITER
Author: STAFF HERE AUSTIN WRITER

The AUSTIN STAFF WRITER represents the experienced team at HEREAustinTX.com, your go-to source for actionable local news and information in Austin, Travis County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as SXSW, Austin City Limits Music Festival, Formula 1 United States Grand Prix, and the Austin Film Festival. Our coverage extends to key organizations like the Greater Austin Chamber of Commerce and Visit Austin, plus leading businesses in technology, automotive, and retail that power the local economy such as Dell Technologies, Tesla, and Apple. As part of the broader HERE network, including HERECollegeStation.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.

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