October 19, 2020
Vicente Sederberg LLP released a report on “The Fiscal Benefits of a Taxed and Regulated Cannabis Market in Texas”. The report covers effective tax rates vs prohibitive rates, number of potential consumers, estimated sales per customer, job growth, fee revenue and more. Read the report in full. Takeaways: Number of potential Texas consumers (21+ years): 1,557,629 Estimated yearly sales per customer: $1,730 Estimated yearly total cannabis sales for Texas is $2,694,698,170 Estimated biennium tax revenue of more than $1.1 billion dollars Estimated new jobs: 20,000 – 40,000 Potential license fee revenue for Texas: $10 Million Per Year Estimated $311 million per year in savings by ending misdemeanor arrests and prosecutions for low-level cannabis possession offenses As a result of the COVID-19 outbreak, Texas has to re-evaluate […]
Do you like it?
October 1, 2020
Thursday, November 5th, 2020 and Noon Join Informed Texas for this educational, online seminar on Best Practices for Hemp in Texas. As Texas progresses through our inaugural hemp season, education on the burgeoning market is imperative. Our guests presenters will cover: The State of Hemp in Texas Sustainable Cultivation and Cultivar Selection Harvesting Processing / Packaging / Distributing Application and Reporting Process Current Research in Texas Register today! After the tutorial airs on 11/5/20 at noon, it will be available for on-demand replay so that you can watch at your leisure. Speakers will be: Taylor Kirk – Horticulture Service Specialist David D. Baltensperger, Ph.D – Agrilife Professor and Head of the Department Susan Hays – Lawyer, Advocate, and Crisis Manager Travis Higginbotham Co-Owner, Sales & Business […]
Do you like it?
September 28, 2020
Learn from our Advocacy Workshop! This virtual event is dedicated to educating and empowering individuals who want to effectively advocate for cannabis in Texas. This online training covers: Cannabis 101 Texas Hemp Program Federal Policy Texas Compassionate Use Program Decriminalization Legalization Political Timeline Preparing for the Legislative Session (Download Slide Deck PDF) Please make a donation to support our mission! Resource Links: (Download PDF) Cannabis 101: The Endocannabinoid System Emerging Clinical Applications For Cannabis & Cannabinoids How Cannabis Works One Pager Federal Policy: RESchedule vs DEschedule Controlled Substance Act Restricting DOJ Funding JAMA Perspectives on Cannabis Research—Barriers and Recommendations Research Restraints VA Directive Current Federal Policy and Action Alerts Hemp: 2018 Farm Bill Analysis Declassification of Hemp in Texas Texas Department of Agriculture Hemp Farming Rules Texas […]
Do you like it?
September 28, 2020
FOR IMMEDIATE RELEASE:September 28, 2020 Contact:Jax [email protected] A HISTORIC DAY at a Texas Hemp GardenTexas Philanthropist Hosts Texas Agriculture Commissioner Sid Miller, Chairmen of the Texas Industrial Hemp Council, Texas A&M, and Texas Veterans (Barksdale, TX.) — This weekend Texas philanthropist Laura Berry hosted a group of agricultural experts and other area officials for an industry roundtable and educational day at her hemp garden located on her south Texas ranch. Berry graciously welcomed more than two dozen participants including Texas Agriculture Commissioner Sid Miller; Texas Department of Agriculture’s Industrial Hemp Council Chairmen, Tom Pickens and Eloise Frischkorn; Lieutenant General (Ret) Leroy Sisco of Military Warriors Support Foundation; Dr. David Baltensperger, Head of the Department of Soil and Crop Sciences with Texas A&M’s Agrilife; and Jax Finkel, Executive Director for the Foundation […]
Do you like it?