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Welcome back from the weekend!
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.
We of course want to thank our sponsor The Daily Upside for supporting today’s edition. Want to get your brand, company, services, or programs in front of thousands of cannabis policy leaders and wonks? Reach out anytime.
The cannabis industry's structural vulnerabilities came into sharp focus this week as Washington's five-year market decline exposed the impossibility of sustaining isolated state systems within interconnected regional economies. While operators in the Pacific Northwest grapple with oversupply cascading across state borders, New York dispensaries sued regulators over measurement errors threatening 152 licensed businesses, and an Ohio cannabis festival devolved into what one vendor described as "The Walking Dead." These developments underscore a critical inflection point where regulatory incompetence meets economic reality, forcing executives to navigate markets shaped as much by neighboring states as local policy failures.
🎯 Know your borders.
📊 Prepare for consolidation.
📬 Forward to your ops team.
Start smarter. Move faster. Stay ahead.
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