A Texas highway sign with marijuana leaf. gettyDisturbing news from the Lone Star state that could have harmful repercussions for the legal cannabis and hemp industry. Last night, the Texas House of Representatives passed a bill that would effectively ban federally protected hemp-derived products with THC. The legislation, known as Senate Bill 3 (SB3), would derail the state’s market, threatening more than 6,300 small businesses, 40,000 jobs, and over $4 billion in retail sales.The bill, which is expected to be signed by Governor Greg Abbott, stipulates that adults who are caught possessing hemp products with any amount of THC, could face up to a year in jail.It’s a reversal from six years ago when the Texas legislature triggered a boom in hemp-based products after greenlighting the sale of consumable hemp. Once Gov. Abbott signs off on this bill, THC products will be taken off the shelves at convenience stores, gas stations and a multitude of retailers across Texas.Lt

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