Blog (Expert Opinion) – Foundation for an Informed Texas
October 19, 2020

Report: Fiscal Benefits of a Taxed and Regulated Cannabis Market in Texas

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 […]
October 1, 2020

Seminar: Best Practices for Hemp in Texas (11/5/20)

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 Process Current Research in Texas  Register today! BECOME A SPONSOR: Sponsorships enable us to offer lower ticket pricing to enable more participation. Proceeds will be used for educational exhibits at the Capitol, educational resources for legislators and to further our mission of cannabis education. To become a sponsor, please click on the Sponsor this event option with the ticket prices! Facebook event page
September 28, 2020

Video: Texas Marijuana Policy Workshop

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 […]
September 28, 2020

Press Release: A HISTORIC DAY at a Texas Hemp Garden

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 […]
September 14, 2020

Smokable Hemp Lawsuit: Temporary Injunction Hearing

UPDATE: Judge Livingston has ruled to extend the terms of the Temporary Restraining Order (TRO) in the form of a Temporary Injunction (TI). This is based on the Judge’s ruling, pending the signed TI order. Once signed, the TI will be in place until the final trial occurs, which is currently scheduled for February 2021. Four Texas companies are suing to overturn Texas’ ban on the manufacture and sale of smokable hemp products, which they warn will shut Texas companies out of a multi-billion-dollar industry and lead to inaccurately labeled products on store shelves. Today these companies (the plaintiffs) and their attorneys (Matt Zorn, Chelsie Spencer, and Susan Hays), participated in a temporary injunction hearing against the state (represented by Charles Eldred) in Judge Livingston’s Travis County […]