🛑 Two Legalization Flashpoints: Maryland and Thailand

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.

Maryland’s medical cannabis rollout has hit a legal wall. A judge froze license expansion after claims of bias and structural flaws in the program. Half a world away, Thailand’s government is forcing cannabis shops to shut down or convert into medical clinics, dismantling the country’s short-lived legalization experiment. Together, these flashpoints reveal how fragile cannabis markets remain when policy design can’t keep pace with politics.

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