January 2026 Quick Summary: Texas is reshaping its hemp market through aggressive agency rulemaking rather than legislation. While hemp is not being banned outright, new enforcement authority, steep licensing fees, and testing changes are poised to push much of the existing industry out of the state. The outcome favors large, well-capitalized operators while placing existential pressure on small and mid-sized businesses ahead of an even larger federal crackdown scheduled for

The federal hemp industry is entering its most pivotal moment since the 2018 Farm Bill — and the next 12 months will determine who survives and who leads. At NAVIG8, we’re helping operators stabilize and pivot with verified collateral, clean compliance documentation, and strategic forecasting — while giving lenders the transparency and accountability they need to deploy capital confidently.