TEXAS CANNABIS PROGRAM

TEXAS

Overview:

The state of Texas legalized low-THC, high-CBD medical cannabis in 2015, through a Legislative bill, Senate Bill 339, which provided a legal way for qualifying patients in the state to access and utilize low-THC, high-CBD medical cannabis as a form of treatment for their ailment. Access to medical cannabis is through state licensed businesses that are allowed to grow, manufacture and sell low-THC, high-CBD medical cannabis.

Program Timeline:

2015 – Texas legalized low-THC, high-CBD medical cannabis
2017 – Texas awarded three (3) dispensing organizations
2018 – First Texas medical cannabis businesses opened and low-THC, high-CBD medical cannabis products sales began

TYPES OF BUSINESS

Texas Medical Cannabis Dispensing Organization – a vertically integrated license, allowing a licensee to grow medical cannabis plants; extract, process and produce low-THC, high-CBD medical cannabis products; and dispense to registered patients. There are no state-wide limits on number of dispensing organization licenses available, however the state has stopped accepting applications for business licenses.

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"Cannabis Business Advisors is a world-class company. Their tactical and strategic knowledge will guide any business to success. CB Advisors' advice and counsel played a key role in making Strive Life the only locally awarded dispensary in North Dakota."

- Jonathan O'KeefeDispensary Owner, Strive Life Grand Forks

"SARA’S SUCCESS SPEAKS FOR ITSELF. OUR COMPANY CONTINUES TO ENGAGE SARA FOR ONGOING CONSULTING AND HER ADVICE REMAINS SOLID AND RELEVANT TO OUR GROWTH."

- JonathanOwner, Firefly Dispensaries in Pennsylvania.

"WORKING WITH SARA WAS A PLEASURE. WE DON’T KNOW HOW WE WOULD HAVE GOTTEN THROUGH THE APPLICATION PROCESS WITHOUT HER."

- Kristina BeglarianArizona Vertically Integrated Facility Owner

"Sara reduced much of the management team’s stress by her knowledge, execution, resolving conflicts, and firm but confident approach."

- Dr. Robert CaprettoChairman, Solevo Wellness

"Sara’s success speaks for itself. Our company continues to engage Sara for ongoing consulting and her advice remains solid and relevant to our growth."

- JonathanOwner, Firefly Dispensaries in Pennsylvania.

"Working with Sara was a pleasure. We don’t know how we would have gotten through the application process without her."

-Kristina BeglarianArizona Vertically Integrated Facility Owner