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September 22, 2025
Built by a former cannabis regulator, Policy, Decoded is your high-signal daily briefing for operators, investors, and policymakers navigating the collision of law, regulation, and business.
Today’s edition is brought to you by 1440 Media - news without the bias. Want your brand here? We’re now booking new ad slots: reach 3,000+ of the most engaged leaders in cannabis, hemp, and adjacent industries.
Cornbread Hemp just launched the first constitutional challenge to alcohol-style hemp regulation, a case that could collapse copycat systems across the South. Texas hemp operators outmaneuvered Dan Patrick’s prohibition push, Virginia’s governor’s race will decide legalization’s future, and Arizona valuations reveal how scarcity keeps asset prices high even as sales decline.
⚖️ Cornbread’s federal test case
🤝 Texas hemp lobbying victory
🌵 Arizona’s valuation premium
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