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 the local regulation of licensed cannabis growers, cannabis establishments, cannabis testing facilities, and cannabis secure transporters; providing for expunction of records relating to certain decriminalized conduct; authorizing the imposition of fees; requiring an occupational license; creating a criminal offense; imposing a tax.

SB 31, titled the "Texas Regulation of Cannabis Act," proposes comprehensive state-level regulation of cannabis cultivation, sale, and taxation while establishing licensing requirements for businesses. It would require occupational licenses for cannabis growers, testing facilities, and transporters, impose a tax on cannabis products, and provide for expungement of records related to decriminalized cannabis offenses. The bill also mandates a study by state agencies to establish a new commission for cannabis oversight, with findings due by December 2026. This legislation directly affects cannabis businesses, consumers, and law enforcement by creating new regulatory frameworks and record-clearing mechanisms. It does not legalize cannabis use but regulates its commercial activity under state authority.