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Home 🌿 Medical Cannabis News 🌿 Marijuana Business Incubator Launches In Texas As Entrepreneurs Anticipate Legalization 🌿Marijuana Business Incubator Launches In Texas As Entrepreneurs Anticipate Legalization
Texas is known for many things, but legal cannabis isn’t one of them -- yet. Although the state hasn’t legalized marijuana use at this point, one enterprising incubator has taken on a number of pot entrepreneurs making big plans for the next few years.
The Texas Cannabis Industry Association (TCIA) has already begun working with nine startups on everything from business plans to legal advice. It also lobbies on cannabis policy issues at the state level.
“Texas has a solid reputation as a business-friendly state, but not on being cannabis-cultured,” Kayla Brown, a Texas A&M School of Law student who serves as the TCIA’s executive director, told Marijuana Business Daily. “There was a need for that gap to be filled.”
Marijuana is currently illegal for either medical or recreational use in Texas, but change could be on the horizon.
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