CANNABIS MONEY LAUNDERING CONTROLS TO BECOME MORE COMPLEX AS LEGALISATION GROWS IN NORTH AMERICA

WITH the introduction of Bill C-45 into the Canadian House of Commons earlier this year, and its securing a second reading vote in June (see https://openparliament.ca/bills/42-1/C-45/), Canada’s government has moved closer to removing millions of dollars of dirty money from its economy. Of course, it is not doing this by increasing policing and the number of suspicious transaction reports, but by liberalising what is now a criminal activity, the growing, processing, sale and consumption of cannabis for recreation. By doing so, it plans to be the first G20 ...


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