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 Kalshi, the regulated prediction market where operators, lawyers, and policy professionals can trade on the events that actually move this industry.
Three Republican state attorneys general filed against the Trump DOJ's marijuana rescheduling order at the D.C. Circuit on Tuesday, and by Wednesday the court had consolidated their case with the existing SAM and NDASA petition. The cleanest read is the one the parties will not name out loud. The party that argues for state primacy on most regulatory questions is now in federal court demanding that the federal government refuse to accommodate other states' medical cannabis programs. Two of the three AGs work for states whose voters have approved medical cannabis. Meanwhile, the Democratic party retains operational control of most state cannabis programs and has produced no visible national legislative response to either the rescheduling fight or the November hemp cliff. Ted Cruz, now the incoming senior Texas senator after John Cornyn's blowout loss to Ken Paxton (no fan of the plant) on Tuesday, told the hemp industry this week that reversing the federal hemp ban with Mitch McConnell still in the chair is a "very uphill path." That is the federal picture. The states keep doing the work.
⚖️ Republican AGs sue their own party's DOJ
🌿 Cruz, McConnell, and the November cliff
👔 Jersey courts split on cannabis hiring
What is the use of having a vote, if it doesn't matter when you cast it?