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December 12, 2025
Built by a former cannabis regulator, Policy, Decoded helps operators read the policy terrain before it shifts beneath their feet.
Today we are watching a possible Schedule 3 move out of the White House, Ohio’s decision to tighten a voter-approved mandate, and New York’s scramble to stand up Metrc without crushing small operators. Together they sketch who might get real tax relief, who absorbs the brunt of the hemp crackdown, and which markets will be asked to grow up fastest before voters head back to the polls.
Today’s edition is supported by You.com, Fisher Investments, and Superhuman AI. If you want your work in front of the same decision-makers, reply to this email and we will talk about sponsoring a future edition.
🎪 Schedule 3, 280E, and election-year politics
🧭 States tightening marijuana, hemp, and tracking rules
🌍 Imports, aging consumers, and shifting demand
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