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Parallel

Parallel is a U.S. cannabis business with a history of cultivation, manufacturing, and regional retail brands.

Miami, FL, US🇺🇸
Founded
2014
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Latest News About Parallel

SNDL Announces Completion of Parallel Asset Acquisition and Positions for Nasdaq-Consolidated U.S. Medical Cannabis Operations

SNDL Inc.

SNDL Announces Completion of Parallel Asset Acquisition and Positions for Nasdaq-Consolidated U.S. Medical Cannabis Operations

CDXX TransCo, LLC completed a strict foreclosure of specified Parallel assets and equity interests in Florida, Texas and Massachusetts....

Jul 27, 2026

Florida landlord latest to pursue claim against Surterra Wellness for unpaid rent

MJBizDaily

Florida landlord latest to pursue claim against Surterra Wellness for unpaid rent

A Florida landlord sued Surterra Wellness, which rebranded to Parallel, over allegedly unpaid office rent.

Aug 19, 2025

SPAC, Beau Wrigley’s Parallel scrap $1.9 billion marijuana deal to take firm public

MJBizDaily

SPAC, Beau Wrigley’s Parallel scrap $1.9 billion marijuana deal to take firm public

Parallel and Ceres Acquisition Corp. mutually terminated their proposed $1.9 billion merger.

Oct 1, 2021

Texas company launches state's first cannabis-infused gummies for medical marijuana users

San Antonio Express-News

Texas company launches state's first cannabis-infused gummies for medical marijuana users

Surterra Texas launched cannabis-infused gummies for patients in the Texas Compassionate Use Program.

Feb 25, 2021

Surterra partners with Intrexon in $100 million licensing cannabinoid deal

MJBizDaily

Surterra partners with Intrexon in $100 million licensing cannabinoid deal

Surterra Wellness announced a $100 million licensing deal with Intrexon for fermentation-based cannabinoid production.

Jun 18, 2019

Wrigley chewing gum heir is new CEO of medical marijuana firm Surterra

MJBizDaily

Wrigley chewing gum heir is new CEO of medical marijuana firm Surterra

William Beau Wrigley Jr. was appointed CEO of Surterra Wellness after leading a $65 million funding round.

Nov 14, 2018