The popular saying that ‘everything’s bigger in Texas’ looks to also be true for the flourishing hemp-based CBD industry. With over 1,500 business licenses for CBD stores and over 1,100 growing permits for hemp already issued by authorities, the Longhorn State is well on its way to challenging some of the country’s more established hemp and CBD markets like Colorado and California.
To celebrate the plant’s continued success and it future potential in both Texas and across the country, a popular CBD trade show announced it will be taking place in the Dallas metropolitan area next month.
The two-day Lucky Leaf Expo will set up shop at the Irving Convention Center, just northwest of Dallas, on July 9 and 10. Organizers expect over 5,000 participants, 120 exhibitors and 40 speakers, among a host of panels and demos that include a cannabis museum and an infused-cooking seminar.
“Texas has a ton of land and is emerging as a cannabis and hemp hub, especially for agriculture,” said Aiden Roberts, CEO of Lucky Leaf Expo. “Companies are choosing to build their businesses here because everything you need is within reach. That convenience is incredibly beneficial for jobs and the economy.”
Texas House Bill 1325 passed in late 2019 to set guidelines for hemp farmers to grow the plant, but last year’s pandemic hampered the industry’s ability to expand to the degree state officials had hoped for. Roberts launched the expo close to the time the bill passed, but couldn’t begin hosting events again until just recently.
With more than half of U.S. states completely reopened and most CBD supply chains across the country fully restored, expo organizers feel confident the show will go on as planned. Most importantly, they said, the industry has the opportunity to realize its potential.
The Lucky Leaf Expo plans to offer a diverse array of exhibitors covering different needs for hemp-based CBD business owners, according to expo spokesman Chad Sloan. Professionals booked for booths at the event include seed salespeople, CPAs, attorneys, accountants, processors, manufacturers and soft gel companies.
Professional attendees slated to attend next month’s event, besides cannabis enthusiasts, include hemp farmers, entrepreneurs, doctors and lawyers. The expo also plans to expand to Detroit, Michigan and has an event tentatively scheduled there for March of next year.