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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 is sponsored by Catch Agent. Their support keeps these briefings free and focused on what actually matters.
The federal hemp and cannabis endgame is being fought on three fronts at once today, and they are starting to rhyme. In Congress, Beth Van Duyne is drafting a Republican carve-out to keep hemp beverages legal past the November 12th cliff. In court, a Harvard declaration is propping up an effort to freeze marijuana rescheduling at the D.C. Circuit. And among the regulators who have to administer whatever survives, Michigan's Brian Hanna just took over as CANNRA President. Underneath all of it sits one question: as Washington redraws the lines, who gets to decide which cannabis is legitimate? The same sorting shows up in the money, where High Tide lands a Big 5 bank while a New York operator pays 15 percent.
🥤 A Republican lane for hemp
🏛️ Hanna becomes CANNRA President
🏦 High Tide trades up
Useless laws weaken the necessary ones.
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