Relating to the regulation of the cultivation, manufacture, processing, distribution, sale, testing, transportation, delivery, transfer, possession, use, and taxation of cannabis and cannabis products and local regulation of cannabis establishments; authorizing the imposition of fees; requiring an occupational license or registration; creating a criminal offense; imposing a tax.

HB 2975 proposes a comprehensive regulatory framework for cannabis in Texas, creating new rules for businesses and consumers. It requires licenses for cannabis growers, retailers, and transporters, mandates testing and safety standards for products, and establishes a state tax on cannabis sales. The bill directly affects cannabis businesses seeking to operate legally, consumers purchasing cannabis products, and local governments managing cannabis establishment zoning. Key provisions include defining cannabis products, prohibiting certain uses, creating criminal penalties for unauthorized activities, and authorizing local fees for cannabis establishments. This bill aims to regulate all aspects of cannabis commerce while imposing specific licensing, tax, and safety requirements.