Today's edition is sponsored by Kalshi. Their support keeps these briefings free and focused on what actually matters.
The hemp fight acquired a price list yesterday. Sen. Tim Sheehy told hemp farmers the bipartisan replacement bill is coming "relatively soon," and for the first time the framework has numbers attached: a one percent crop threshold, a nickel per milligram on beverages, a five percent fee on interstate commerce. While Congress prices the fix, the Department of War (legal name Department of Defense) wrote a memo declaring rescheduling irrelevant inside the ranks, and it wrote the memo as if April never happened. In the states, Massachusetts counted its delivery holdouts, Idaho's failed petition turned into a state police referral, and a beverage category asking Washington for legitimacy flunked a label test it needed to ace.
๐งพ Sheehy prices the hemp fix
๐ช The War Department's future-tense memo
๐ท๏ธ THC beverage labels miss their own numbers
The power to tax involves the power to destroy.
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