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d-20782House OversightFinancial Record

Global Cannabis Regulation and Banking Restrictions Highlight International Legal Frictions

Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #024729
Pages
1
Persons
1

Summary

The passage outlines general challenges in cross‑border cannabis trade and banking due to UN drug conventions and U.S. AML rules. It mentions banks and countries but provides no specific names, transa Canadian firms are cultivating cannabis in South America for export. U.S. banks have threatened to cut ties with Uruguayan banks serving legal cannabis pharmacies. International drug treaties (1961,

This document is from the House Oversight Committee Releases.

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Persons Referenced (1)

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international-traderegulatory-barrierfinancial-flowbanking-regulationcannabis-industryantimoney-launderinghouse-oversightun-drug-conventions
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