January 28, 2026
Built by a former cannabis regulator, Policy, Decoded helps operators read the policy terrain before it shifts beneath their feet.
Today’s edition starts in Virginia, where the adult use bill is finally gaining shape and the state is pricing speed through medical conversions while promising a broader on-ramp for Impact applicants and microbusinesses. We also track Florida’s investigators stepping into the petition fight, the November 12th federal hemp cap pushing THC beverages into hard design choices, and Scotts making a structured exit that still keeps a toe in the upside.
This briefing is supported by our day job at THC Group, where we provide strategic counsel for policy and regulatory headaches, and by The Hybrid podcast with former regulators Shawn Collins and Erik Gundersen.
🌿 Virginia’s conversion math
🕵️ Florida’s ballot battlefield
⏳ Hemp’s federal deadline
Markets remember their openings.
