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Built by a former cannabis regulator, Policy, Decoded helps operators read the policy terrain before it shifts beneath their feet.

Today’s edition runs from Capitol Hill drafting to state house knife fights, with a quick culture detour at the end. We cover the Farm Bill’s attempt to separate industrial hemp from intoxicants before the November deadline, the retail channel scramble playing out in convenience stores and distribution, and a set of state stories where taxes, ballot rules, and licensing pace decide who survives. Then we close with a Mardi Gras sidebar that shows how consumer rituals keep evolving, even while policymakers argue over definitions.

Today’s edition is supported by Wispr Flow and Morning Brew. To sponsor Policy, Decoded and reach the executives, investors, and policymakers who read this briefing, reply to this email and we will send details.

🌾 Federal Hemp Reset
🏛️ State Rule Fights
📊 Market Discipline Tests

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