Hemp Companies Plan Oklahoma Move After Texas Ban Court Loss
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- Texas could lose millions in tax revenue, economist says
- Ruling upholds production ban but importing, selling allowed
Some Texas companies say they’ll have no choice but to move their operations to Oklahoma if they want to keep producing smokable hemp products, after the Texas Supreme Court ruled last week that there’s no vested right to produce such goods under the state constitution.
Three smokable hemp companies are “scrambling” to find facilities in Oklahoma, an attorney representing the hemp companies in the lawsuit told Bloomberg Law.
“This is overt hostility based on a stigma surrounding the plant. It is absurd that out of state manufacturers can sell directly to consumers in Texas; yet those manufacturers who call ...
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