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December 15, 2025

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

Washington starts the morning watching for a possible Schedule 3 directive, with 280E and capital posture moving faster than the paperwork. The rest of today’s brief tracks the ripple effects, from state power and ballot fallout to hemp enforcement risk and the unglamorous plumbing that keeps markets operating.

Today’s edition is supported by Superhuman AI and 1440 Media. If you want your work in front of the same decision-makers, reply to this email to learn about sponsoring a future edition.

Latest episode of The Hybrid dropped this morning, which features Deirdra O’Gorman of Empyreal Logistics, one of the people who keeps the cash moving so this industry can function. It is available wherever you get your podcasts!

🏛️ Schedule 3 watch day
🧾 State power and ballot fallout
🎙️ The Hybrid drops today

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