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.
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The hemp industry is appealing directly to President Trump as Congress advances spending bills that would outlaw nearly all consumable hemp products. The Veterans of Foreign Wars signed a national partnership to sell hemp-derived beverages at posts across 27 states, showing how mainstream the category has become even as lawmakers try to ban it. Alcohol distributors are maneuvering for control, California’s new hemp framework is squeezing both industries into the same failing system, and investors are chasing every hint of federal action while policy remains gridlocked.
🏛️ Hemp appeals to Trump
🍺 Veterans strike a hemp deal
📈 Markets react to rumors
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