Texas cannabis oil businesses face staggering fee increase for licensing

Businesses seeking to operate under Texas’ new limited medical marijuana program may end up having to pay a pretty penny — actually 130 million of them.

Texas may impose a $1.3 million licensing fee for businesses under the Texas Compassionate Use Program if proposed rules go into effect, according to a recent Texas Public Radio report. The previous fee was set at $6,000.

The state program would give intractable epilepsy patients access to low-THC cannabis oil that is high in the…

CONTINUE READING: Click Here to Continue Reading Article …