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November 17, 2025

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

Congress changed the federal definition of hemp in the shutdown deal and handed the next year of decisions to the states. Kentucky is already defending its farm economy, Michigan is weighing whether to keep building a beverage category pushed to the edge of viability, and Tennessee and Rhode Island are choosing to pause while they study the language and wait for guidance. Global markets are moving in their own direction as Brazil considers higher national THC limits and signals a widening gap between American policy and international norms.

Our emergency episode of The Hybrid with Pam Epstein breaks down how shutdown politics delivered this moment and why the next 12 months will be shaped by steady work inside state agencies, not the drama of Washington.

Today’s edition is supported by Masters in Marketing and SuperhumanAI, with a reminder to subscribe to The Hybrid and stay close to THC Group for the day-to-day policy intelligence that keeps you ahead of the next shift.

🥤 Federal action sets the stage for a year of state decisions
🌾 Governors and regulators shape the next chapter
🎖️ Veterans, farmers, and operators watch the ground move

Make the most of the week ahead. Call us when you need us.

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