Three firms win preliminary licenses under Texas CBD program

(Note: This story has been updated from an earlier version.) Three companies got preliminary approval from Texas regulators to receive licenses to dispense CBD-based medicine with a low THC content in the state. Cansortium Texas, Compassionate Cultivation and Surterra Texas received the initial green light from the Texas Department of Public Safety after compiling the highest scores in the licensing process. There were 43 applicants. Under the Texas Compassionate Use Act that went into effect June 1, 2015, the companies may grow, extract and distribute CBD-based medicine. Texas has a ... Three firms win preliminary licenses under Texas CBD program is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs