Sponsored by
Today's edition is sponsored by Pulley. They're hosting a free webinar for CFPs and CFAs next week on tax-smart investing. Their support keeps these briefings free and focused on what actually matters.
The argument over cannabis has moved onto administrative ground: who enforces, who pays, and what gets swept in. Trulieve, Curaleaf, Verano, and Green Thumb wired $11.5 million in a single month to an agriculture PAC that shares a treasurer with the president's own political operation. Kevin Sabet took to the Wall Street Journal to argue the politics of legalization have peaked, while Oklahoma sealed a storeroom over product tags and Michigan closed an enforcement case with a thank-you note to Massachusetts. Even the day's science story, a Barcelona lab's survey of what Europeans are actually consuming, is a question of administration.
🏦 $11.5 million, one treasurer
🗞️ The critics change briefs
⛔ Tags, then a padlock
🚚 Lansing thanks Boston
Money is the mother's milk of politics.
Cap table management that puts your business first
Managing your cap table doesn’t have to be complex. Pulley simplifies equity management for Founders and CFOs with intuitive workflows, accurate, audit-ready reporting, and predictable pricing—so you can plan and scale without surprises. Onboard in days, not weeks, and rely on responsive, expert support every step of the way.
From issuing grants to 409A valuations or ASC 718 reporting, Pulley gives you the clarity to manage equity, make decisions, and get back to work. Experience a platform built for business owners and finance teams: transparent, reliable, and designed to put your company first.