Texas Cannabis License Applications Open
Texas Cannabis License Applications Open
The Texas cannabis license application was reopened on January 16. The process will remain open until April 28. However, the agency has not said how many licenses it will approve.
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. Currently, more than two dozen bills are pending regarding cannabis this legislative session in Texas.
For more information on the bills: Texas Marijuana Policy
Currently, the only type of license available to apply for while the Texas Cannabis license application is open is a Medical Cannabis Dispensing Organization.
A Texas Medical Cannabis Dispensing Organization is 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.
Learn more about the cannabis program in Texas by visiting our state page.
Contact us by phone at 602-290-9424 or via email at info@thecannabisbusinessadvisors.com for more information on how to get started.
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