Inconsistent regulations and laws around cannabis aren’t a challenge for businesses operating in the U.S. alone. Lawyers representing clients in the burgeoning cannabis industry found common ground between North America and South America on a panel Monday at the International Bar Association’s 2022 annual conference in Miami. 

Ignacio Meggiolaro, who founded MBP Partners in Argentina, gave an example where a Canadian cannabis company tried preparing to position itself as the first Canadian cannabis company in Argentina’s market. When Meggiolaro’s firm assisted in opening a bank account for the company in Argentina, the government flagged the company as a high-risk client.