Texas Cannabis Application & Licensing

Currently, the state of Texas has a very strict Low-THC Compassionate Use Program (CUP), that allows for a THC cap of 1%. There are no immediate plans to issue new cannabis licenses for the program. The most recent application period, which ended in April 2023, saw 132 applications submitted and was a highly restrictive process . However, there is no established timeline for approving these applications as of May 2024, and there are no plans to expand the medical cannabis program at this time. Although various cannabis bills have been proposed in the state’s legislature, none have successfully passed.

Despite all of this, the state’s CBD hemp-derived market is booming. Between $19.1 and $22.4 billion in economic activity has been generated by the Texas local hemp-derived retail, manufacturing and wholesale sectors since it’s formation.

Texas Cannabis Updates

US Virgin Islands’ (USVI) Cannabis Industry Less than 2 Months From Starting Licensing

Texas Cannabis License Information

• Population: 30.03 million (2022)
• Median Income: $72,284
• Largest Cities: Houston (2,296,253), San Antonio (1,445,662), Dallas (1,300,642), Austin (958,202), Fort Worth (924,663), & El Paso (677,181)
• Medical Cannabis Active Patient Count: 12,000
• Dispensing Organization (vertically integrated)
o Includes cultivation, processing, and retailing of Low-THC cannabis
• Business & Financial Plan
• Property Plan
• SOP’s for:
o Cultivating
o Processing
o Dispensing
• Ownership Documentation
• Proof of Liability Insurance
o Minimum of $2,000,000 General Aggregate limit insurance
• Security Plan
• Floor Plan
• Project Schedule & Plan
• Safety and OSHA compliance
• Testing protocols
The last Compassionate Use Program licensing round was from Jan 2023 – Apr 2023. As of May 2024, those 132 applicants have still not heard any update as to the status of their application. There is currently 3 dispensing organizations in the state that actively service the over 12,000 active program patients. There is no timeframe on when the previous 2023 licensing round will be finalized and when the next one will be held.

Texas Cannabis Application & License Services

While Texas is currently on hold regarding new licenses for its low-THC CUP program, the state's thriving CBD hemp-derived market remains open for applications. With an industry valued at over $8 billion annually, there is still ample opportunity to join and apply.

Global Go specializes in cannabis & hemp licensing and applications (99% win-rate in hundreds of applications), compliance automation, advanced analytics, SOPs, mergers and acquisitions, new product launches, technology, security, and best practices. Enhance your prospects for success by reaching out to a Global Go Cannabis & Hemp Application Director and accessing invaluable Texas insights today.