September 29, 2025
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.
Today’s edition is brought to you by THC Group and The Hybrid podcast. The latest episode features now-former operator Carl Giannone of Trade Roots - listen or watch wherever you get your podcasts.
President Trump elevated CBD as a senior health priority by promoting Medicare coverage, even as his own party inserts spending bill riders to block marijuana rescheduling. Michigan lawmakers advanced a 24% wholesale tax, Illinois’ governor threatened an executive hemp ban, and House appropriators moved against Trump’s rescheduling directive. Meanwhile, Weedmaps faced fresh lawsuits, insurance panels revealed evolving industry risks, and Newt Gingrich leaned into psychedelics.
💊 Trump pushes Medicare CBD
🚨 Illinois hemp ban threat
💰 Michigan’s 24% tax grab
Start the week ahead.