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<p>21 January 2025</p>
<p>In Chicago, federal prosecutors have <a href="https://www.justice.gov/usao-ndil/media/1385991/dl?inline">indicted Anthony Marsico</a>, a former Verano Holdings executive, on insider trading charges. Marsico allegedly used confidential information about Verano’s planned $413 million acquisition of Goodness Growth Holdings to buy stock before the deal was announced, profiting over $600,000. Three associates, described as golf buddies, are also charged for their involvement. While Verano has condemned the alleged actions and cooperated with authorities, the case has raised concerns about regulatory oversight in the <a href="https://illinoiscannabis.org/cannabis-business">cannabis industry</a>.</p>
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21 January 2025 – Former Verano Holdings VP Anthony Marsico and three associates face federal indictment for insider trading tied to a $413 million cannabis merger. The DOJ alleges illegal profits of over $600,000.

Chicago-Based Cannabis Executive Indicted for Securities Fraud