Is 420 legal in Texas?

Is it legal to possess, sell, or consume the substance commonly referred to as '420' in the state of Texas? It's a question that many individuals may have, especially considering the varied laws across different states regarding controlled substances. In Texas, what are the specific regulations governing this particular term, often associated with cannabis culture? Does the state recognize any distinction between medicinal and recreational use? And are there any potential legal consequences for those who engage in activities related to '420' without proper authorization?