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The Green Wave – Legal Challenges, Considerations for Investors in Cannabis Industry

Cannabis Law Report

Marijuana or cannabis can be used to treat a multitude of diseases; more importantly, it is known to be effective in reducing pain. Offence relating to cross-border use of proceeds generated from business of narcotic drugs and psychotropic substances is governed under the Prevention of Money Laundering Act, 2002 (“ PML Act ”) in India.