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December 19, 2025
Built by a former cannabis regulator, Policy, Decoded helps operators read the policy terrain before it shifts beneath their feet.
Trump just fired a second starter pistol on rescheduling, and the next year belongs to the agencies writing the record, the members trying to squeeze the process, and the clinicians who will demand real standards if CBD touches reimbursement.
Also, a sincere thank you to the journalists who stayed on the phones and did the work that made today legible.
Today’s edition is supported by Superhuman AI and Fisher Investments. To sponsor Policy, Decoded and reach the executives, investors, and policymakers who read this briefing, reply to this email and we will send details.
📝 DEA rulemaking reality
🏥 CBD standards and liability
🏛️ Oversight and appropriations pressure
The photo op is over. The process begins.
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