A Snapshot Of America’s Medical Marijuana Markets: Texas

Texas is considered one of the more restrictive states when it comes to cannabis access.

In 2015, the Lone Star State passed its Compassionate Use Program, which allows patients to consume “low-THC” products that contain .3% or .5% THC, depending on a physician’s recommendation. Smokable cannabis flower is not permitted, nor is home growing for any purpose.

Large Cannabis Market, Small Supply

With such limitations, the medical market in Texas often goes unrecognized.

Limitations abound in the market. The second-largest state in the union only has three approved medical companies, making legal access difficult for numerous patients.

In 2019, an effort to license additional companies was halted just a week into the application process with no explanation. Initially, the window was to be open from Oct. 1 to Nov. 1.

Zoey Bullock, a cannabis advocate, marketer and personality often known as “Betty Chronix,” said the shortcomings of the Texas make meeting patient needs difficult.

“We see other medical states with dozens of dispensaries carrying products containing over 90% [potency],” she said. 

Yearning For An Expanded Market

In its earliest forms, the program was restricted to a few types of epilepsy.

Upset with the initial law, many Texas citizens have shown support for expanding access, and some forecast a booming market if adult use laws were to pass.

By 2018, support for adult use laws covering a small amount of possession grew to 53%, according to a University of Texas/Texas Tribune Poll. Twenty-three percent of those polled supported any amount …

Full story available on Benzinga.com

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