I don’t think we’re really going to have a problem with CBD. That particular genie is out of the bottle.
But I think that Texas is going to be a major battleground over medical marijuana more generally, and ultimately about recreational use. The state is very split demographically. There are four or five major metropolitan areas that tend to, not surprisingly, be more socially liberal. Also, in particular, the sheriffs in Texas mostly have disproportionate political power. The state Legislature is distorted somewhat in that the rural areas are disproportionately represented. This creates a real problem in terms of passing laws that are really the greatest impact in the cities. But the cities do not have direct control over this.
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