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Section 36-1504 - Money Laundering or Monetary Transactions Involving Criminally Derived Property — Maryland Law | CourtGPT
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  8. Section 36-1504 - Money Laundering or Monetary Transactions Involving Criminally Derived Property
Maryland Legal Code

Section 36-1504 - Money Laundering or Monetary Transactions Involving Criminally Derived Property

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For the purposes of 18 U.S.C. §§ 1956 and 1957 and all other provisions of federal law, the proceeds from a transaction involving activities of a cannabis business or service provider may not be considered proceeds from an unlawful activity solely because: (1) the transaction involves proceeds from a cannabis business or service provider; or (2) the transaction involves proceeds from: (i) cannabis activities conducted by a cannabis business; or (ii) activities conducted by a service provider.