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Texas THC: What you can legally get in Austin this 4/20


Happy 4/20 Austin, can you smell the devil's lettuce in the air?

This city is home to some famous stoners—Willie Nelson loves marijuana so much he has his own blend—and possession of small amounts has been essentially decriminalized by the Austin Police Department since 2020.

Americans overwhelmingly support legalization in some form—91% according to the Pew Research Center—and marijuana is partially legal in 37 states. Texas’ relationship with cannabis is rocky, but currently allows products with CBD and low THC, the psychoactive compound in cannabis.

Officially decriminalizing marijuana in Austin will be on the ballot in May.

So what can you legally buy in Austin?

Green Herbal Care sells CBD and Delta 8. (Laura Figi)

  • CBD: If you haven’t heard of it by now, CBD, or cannabidiol, is non-psychoactive and makes up about 40% of the plant’s extracts. CBD is known for producing a calming feeling in the user.
  • Delta 8: With lower psychotropic potency than the classic THC, Delta 8 occurs naturally in very small amounts and can be extracted through a chemical process from CBD. Delta 8 typically results in a more subtle “high” than THC but retains all the antiemetic, anxiolytic, appetite-stimulating, analgesic, anti-inflammatory properties.
  • Delta 9: Synonymous with THC, Delta 9 is currently legal under House Bill 1325 in concentrations of 0.3% or less on a dry weight basis. The same thing goes for Delta 10, the stronger alternative to THC.
Almost all of which can be found in pre-rolls, flower (pieces of the plant itself), gummies, vapes, candy, capsules and tinctures.

Where can you get it locally?

In terms of shops, head to your nearest local Planet K, Oat Willie’s, Cosmic Cowboy, Happy Clouds, Green Herbal Care or any of the growing number of smoke shops in town.

As for local brands, Hometown Hero CBD and Delta 8 produces its products in Austin, where it has been fighting for the right to do so. 25-year hemp producer and CBD retailer Sweet Sensi also produced its products from “seed to sale” in Austin.

Happy 4/20, y’all!


With deposition and trial looming, Elon Musk has offered $44B for Twitter, again

Elon Musk has proposed once again to buy Twitter for $54.20 a share.

The news that Musk is offering to carry on with the $44 billion buyout was first reported by Bloomberg. Now, a filing with the Securities and Exchange Commission shows Musk made the proposal in a letter to the tech giant on Monday.

The New York Stock Exchange temporarily halted trading in Twitter stock twice Tuesday, first because of a big price move and the second time for a news event, presumably the announcement of Musk's renewed offer.

While the per share offer price on this latest proposal remains the same as the original offer, it’s unclear if Musk has made other term changes or if Twitter would reject it. According to other reports, a deal could be reached this week.

The stock closed at $52.00/share Tuesday, indicating market uncertainty around the $54.20 offer.

After Musk informed Twitter of plans to terminate the original agreement in July, Twitter sued. A trial has been expected in Delaware Chancery Court on Oct. 17.

With the proposition of a buyout on the table again, it revives the question of whether Musk might move Twitter from San Francisco to Central Texas.

He’s done so with some of his other companies. Tesla’s headquarters in southeast Travis County had its grand opening earlier this year and tunneling business The Boring Company moved to Pflugerville. At least two other Musk companies, SpaceX and Neuralink, have a Central Texas presence without being headquartered here.

Technology journalist Nilay Patel this afternoon voiced concerns that owning Twitter and Tesla together could be problematic for Musk, as his Tesla manufacturing facilities in Germany and China are both in countries that have disputes with Twitter over content moderation and censorship.

Telsa shares fell after the Twitter news became public, before rallying to close up, at $249.44.

Austin rents nearly double in a year and are now in the top 5 nationwide

While searching for a place to live, Austin renters will face monthly rates of nearly $3,000, a recent guide from rental marketplace Dwellsy shows.

The median rent in August this year was $2,930, a more than 86% increase since August 2021. That’s $820 more than the nationwide median asking rent in August and puts Austin just below the Bay Area, Boston and New York for large cities with the most expensive asking rent.

“Within this group, Austin, TX stands out for the highest increases in asking rent, which has nearly doubled since this time last year,” the study notes.

Outside of those large cities, however, others are seeing even higher rent spikes. Metro areas that ranked above Austin in one-year increases include those like Kansas City, MO with a 112% change in rent since last August and Tucson, AZ with a 124% change.

The data reflects large apartment communities, single-family homes and 2-6 unit buildings.