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The federal government moved two pieces at once this week. FDA told the market it will stand down on certain enforcement for CBD products inside a narrow Medicare pilot. CMS activated the program on April 1st with five participating ACOs. A lawsuit landed hours before launch. In Missouri, seven hours of filibuster pressure produced a hemp bill that effectively ends intoxicating hemp sales outside dispensaries. Georgia is rewriting bills on the fly to cut THC limits. Virginia is hiring regulators before the governor has signed the retail law. And in New York, the legislator who wrote the state's reinvestment promise is publicly questioning where the money is going. The thread running through today's stack is follow-through: who is building, who is still promising, and who just changed the rules.

💊 Medicare CBD pilot launches under lawsuit
🔥 Missouri hemp ban survives the Senate floor
📝 Virginia hires before the ink dries

Between the idea and the reality, between the motion and the act, falls the shadow.

T.S. Eliot, "The Hollow Men"

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