(SeaPRwire) –   DALLAS, March 26, 2026 — As the Texas hemp industry grapples with two crises—a 3,000% increase in license fees and new restrictions on major federally legal hemp-derived products taking effect March 31—MNG Brands has unveiled a comprehensive emergency relief program. MNG Brands’ “Texas Hemp Retailer Relief Program” features a $50,000 Licensing Relief Grant and Statewide Inventory Buy-Back program, both designed to support small businesses throughout the state. To learn more about the “Texas Hemp Retailer Relief Program,” visit go.mngbrands.com/relief.

Supporting Texas Small Businesses

“Texas small businesses are getting hit with a $5,000 fee on the very day the state is removing their best-selling products,” said David Palatnik, President of MNG Brands. “We won’t stand by as our community falls apart. We’re using our capital and supply chain to help Texas shops adapt, remain compliant, and stay open.”

MNG Brands’ “Texas Hemp Retail Relief Grant” initiative directly addresses the urgent challenges facing the Texas hemp industry. It will give $5,000 “Recovery Grants” to 10 trustworthy small businesses, providing vital financial help during this period of major regulatory change. At the same time, an instant inventory-swap program will launch for retailers holding stock that can no longer be sold under the new rules, letting them adapt fast and stay compliant.

Program Highlights

The initiative includes:

• The $50,000 Relief Grant: A reimbursement of the $5,000 state license fee for 10 chosen retail businesses to ease financial strain.
• The Inventory “Buy-Back”: A statewide program where retailers can exchange non-compliant products for MNG’s offerings, aiming to help shops stay legal and keep shelves full without any downtime.
• Expert Judging Panel: Selection will be overseen by industry leaders focused on supporting businesses that are cornerstones of their communities and the hemp sector.

Applications open March 27th at go.mngbrands.com/relief/#apply. For more details on eligibility and how to apply for the grants and inventory swap program, visit go.mngbrands.com/relief/.

“At MNG Brands, people have always been our top priority. This initiative shows our strong dedication to the wellness journey of every customer who visits a Texas hemp retailer. We believe access to high-quality, compliant hemp and wellness products isn’t a luxury—it’s a necessity for helping people live healthy, meaningful lives,” said Jason Brandl, Chief Operating Officer of MNG Brands. “By safeguarding the small businesses that serve those customers daily, we’re preserving that access. MNG Brands is proud to invest in the communities, retailers, and people who make this industry matter—because when people succeed, everything else does too.”

About MNG Brands
MNG Brands is a national leader in functional wellness retail and product innovation, running one of the largest privately owned CBD and kratom platforms in the United States. Its flagship retail brand, CBD Kratom, has over 50 locations in major markets including Dallas, Houston, New York, Philadelphia, Chicago, and St. Louis, plus a growing e-commerce and wholesale presence.

Through its brand portfolio and distribution partnerships, MNG Brands delivers high-quality, compliant products across emerging wellness categories like CBD, kratom, and alternative beverages. The company works closely with retail partners to boost additional revenue, navigate regulatory changes, and attract new consumers to the category.

For more information, visit mngbrands.com.

SOURCE MNG Brands