Cannabis: Bribery And Corruption Risks In A New Frontier

The expected significant impact of COVID-19 on Canada's economy represents a perfect storm for the emergence of fraud and other criminal behavior within Canada's growth industries, especially where economic survival is threatened and incentives combined with opportunities may lead to decreased adherence to the "right" way of doing business.

When it comes to being early adopters, innovative, entrepreneurial go-getters are usually the first to pursue new opportunities. While this usually attracts people who are more risk tolerant, it can also create a blind side to possible challenges and pitfalls, especially in industries where companies have to rely on agents or third parties to obtain licenses or undertake operations.