Articles Posted in California marijuana business money laundering

Feds Want Banks’ Marijuana Business Data to Bust Money Laundering Schemes
Cannabis Law Group

Federal authorities with the U.S. Treasure Department want banks to begin collecting – and turning over – data from their marijuana clients so investigators can uncover potential money laundering schemes. Although our Los Angeles marijuana business lawyers know this news might cause wariness among those in the pot industry, it’s worth pointing out that such…

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