Chinese Cartels Partner with Mexican Cartels to Dominate U.S. Black Market Weed and Launder Fentanyl Cash

What was said

"6% of every black market dollar the Mexican cartels make— fentanyl, human trafficking, gun running, marijuana, super methamphetamine— 6% of every dollar they make, they are going to have to pay that or lose that to the money it's going to cost them to launder that money. The Chinese came in and they started, what do they do with all this cash? They need fentanyl precursors. The Chinese like, we're gonna get you the fentanyl precursors you need. And we're gonna charge you instead of 6%, we'll charge you 5%. You invest in Chinese banking institutions, we convert the money that way."

Nores testified to Congress in 2024 and 2025 that Chinese criminal organizations have entered into direct partnership with Mexican cartels to dominate the U.S. black market marijuana trade while simultaneously laundering cartel cash and supplying fentanyl precursors from mainland China. The collaboration involves Chinese groups offering more favorable money laundering rates and access to chemicals in exchange for cartel investment in Chinese-controlled businesses and real estate. This represents a strategic alliance between two foreign adversaries operating on American soil with near impunity.