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January 2, 2026

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

New York just crossed $2.5 billion in adult-use sales, and 2026 will be defined by whether Albany and New York City can deliver steady rules, credible enforcement, and a program that stops changing midstream. Washington is not getting quieter either. Smart Approaches to Marijuana just hired Bill Barr to tee up litigation against Schedule III, and the 280E reality remains simple: nothing changes until a final rule is published with an effective date that survives the first court sprint.

Today’s edition is supported by The Rundown AI and 1440 Media. To sponsor Policy, Decoded and reach the executives, investors, and policymakers who read this briefing, reply to this email and we will send details.

🗽 New York stability test
⚖️ Schedule III lawsuit posture
🌾 Hemp lane tightening

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