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Built by a former cannabis regulator, Policy, Decoded helps operators read the policy terrain before it shifts beneath their feet.
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Direct democracy is doing double duty in cannabis this week. Idaho's legislature put a constitutional amendment on the November ballot that would let only the legislature legalize cannabis, asking voters to give up the initiative path themselves, while in Massachusetts the same initiative process is being aimed at repealing the adult-use market voters approved in 2016. Underneath the politics, the money kept maturing on its own schedule: Cresco drew a $50 million bank line a small operator could never get, TerrAscend set its uplisting clock, and federal marijuana prosecutions fell to another record low. The tools of the industry are getting more sophisticated at the top while the fight over who decides gets sharper at the ballot box.
🗳️ Idaho asks voters to give up the initiative
🏦 Cresco's $50M, and who it skips
🏛️ Marijuana cases hit a record low
All political power is inherent in the people.
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