Relating to the regulation of products derived from hemp, including consumable hemp products and hemp beverages and the hemp-derived cannabinoids contained in those products; requiring occupational licenses and permits; imposing fees; creating criminal offenses; authorizing civil penalties; imposing taxes.

SB 53 establishes a regulatory framework for hemp-derived consumable products (including edibles and beverages) and the hemp-derived cannabinoids they contain. It requires businesses to obtain occupational licenses and permits, pay associated fees, and comply with new standards, with criminal penalties for violations and civil penalties authorized for non-compliance. The bill also imposes taxes on these products and sets a January 1, 2027, effective date for regulations overseen by a new state agency. This applies directly to businesses producing, selling, or distributing hemp-based consumable products in Texas.