Hometown Hero has formed the Texas Hemp Business Council (THBC), a nonprofit trade association focused on advancing hemp-derived products in the Lonestar State.
“Sales of hemp-derived cannabinoids in Texas generate more than $8 billion annually, and the industry employs 50,000 workers and contributes to a $22 billion supply chain,” said Cynthia Cabrera, chief strategy officer at Hometown Hero and THBC founding board member. “We founded the Texas Hemp Business Council to help ensure that these consumer goods remain legal in Texas, while giving adult consumers and veterans continued access to hemp products that have become vital to their everyday lives.”
Current law already regulates hemp products in Texas, which includes full panel testing for all consumable cannabinoids, as well as licensing and labeling requirements. Certificates of analysis are also required to be available to every consumer.
“It is essential we have a trade association the industry can coalesce around, particularly considering what may be our toughest fight so far in Texas,” said Hometown Hero CEO Lukas Gilkey. “Whether it’s in the courts, statehouse, local agencies and even Congress, the Texas Hemp Business Council is committed to sensible regulation of hemp-derived cannabinoids that protects consumers, prohibits access by minors and safeguards the entire supply chain.”
As the founding member, Hometown Hero is offering a 50% discount to its business customers on new memberships during the next 30 days. Additionally, the Texas Hemp Business Council is seeking board candidates with a range of skills and industry experiences.