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November 13, 2025

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

Congress ended a forty day shutdown by turning hemp into the bargaining chip, and the bill that turned the lights back on in Washington also lit a fuse under a thirty billion dollar market. The next year will not feel like a grace period so much as a live negotiation, with retailers, governors, and regulators deciding in real time whether hemp drinks and CBD stay on shelves, move into cannabis channels, or vanish one awkward checkout conversation at a time. We recorded an emergency episode of The Hybrid with Pam Epstein to walk through how Congress got here, what the shutdown deal actually does, and where the industry needs to go next.

This edition is supported by AltIndex and The Marketing Millennials, and we are proud to offer 20% off tickets to the IgniteIt Cannabis Capital and Policy Summit in Washington, D.C. on November 17th with code POLICYDECODED20.

🥤 Hemp war?
🌾 What do the states do now?
⚖️ Time to get to work…

You can catch more flies with honey…

Reddit’s Top Stocks Beat the S&P by 40%

Buffett-era investing was all about company performance. The new era is about investor behavior.

Sure, you can still make good returns investing in solid businesses over 10-20 years.

But in the meantime, you might miss out on 224.29% gainers like Robinhood (the #6 most-mentioned stock on Reddit over the past 6 months).

Reddit's top 15 stocks gained 60% in six months. The S&P 500? 18.7%.

AltIndex's AI processes 100,000s of Reddit comments and factors them into its stock ratings.

We've teamed up with AltIndex to get our readers free access to their app for a limited time.

The market constantly signals which stocks might pop off next. Will you look in the right places this time?

Past performance does not guarantee future results. Investing involves risk including possible loss of principal.

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