Episode Details
Back to EpisodesTexas Hemp Stores Face Cutoff, Pivot to Legal Products
Description
Texass New Hemp Regulations: A Blow to Small Businesses
Texass new hemp regulations, effective Tuesday, ban smokable hemp and hike licensing fees, causing a significant drop in sales for stores like MoonTaxi. The MoonTaxi manager reports a seventy percent sales loss, while a local shop is closing after seven years. Customers worry about turning to unregulated sources. Small businesses are struggling with the fee hikes, but MoonTaxi is adapting by focusing on legal products like edibles and cannabis cocktails.
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