Hazy: the legal position for UK-based cannabis investors

Steve Smith (+44 20 7919 0616, stephensmith@eversheds-sutherland.com) is a partner at Eversheds Sutherland.

The market for cannabis is booming inNorth America, boosted by legalisation of recreational use in Canada and increasingly by states in the US. UK-based investors see growth opportunities and may already have exposure - not just financial: Steve Smith of Eversheds Sutherland examines the money laundering risk and the authorities’ response.