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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.
Curaleaf told the market yesterday that it believes rescheduling is close enough to justify cleaning up its capital structure for a U.S. exchange uplisting. Rhode Island, after a year of licensing turbulence, picked the person who built the program to run it, and a legislative fix moved into the General Assembly the same week. Delaware is staring at a federal hemp clock without agreement on which channel sells the same intoxicating molecule. Illinois wants to route at least part of the hemp market through its cannabis system. The VA opened a randomized MDMA trial. The picture is of an industry that has spent the last month moving from rescheduling announcement into rescheduling implementation, and a federal hemp deadline pulling state legislatures, retailers, and capital markets along with it.
🪙 Curaleaf prepares for the boards.
🪑 Rhode Island picks its chair, files its fix.
🧠 VA puts MDMA back in a trial.
The whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of Conservatives is to prevent the mistakes from being corrected.
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