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  • Michigan's $3.7M Cannabis Crackdown + Arkansas Hemp Victory + THC Beverages Hit $382M

Michigan's $3.7M Cannabis Crackdown + Arkansas Hemp Victory + THC Beverages Hit $382M

Why Michigan's violation spree signals trouble for MSOs nationwide, plus the Arkansas ruling that changes everything for hemp markets...

Policy moves fast. You shouldn’t have to chase it.

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.

Michigan's cannabis enforcement machine issued 928 violations in 2024, collecting $3.7 million in fines while revealing that multistate operators can't treat compliance as a cost center. Arkansas won a federal appeals court victory that clears the path for states to ban hemp-derived THC products, fundamentally reshaping the regulatory landscape for intoxicating hemp markets. Meanwhile, the hospitality industry discovered its next billion-dollar opportunity as THC beverages jumped from $102 million to $382 million in sales. The regulatory terrain is shifting faster than ever, and those who understand the patterns are already three moves ahead.

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