Latest In: Parallel

akerna Ceres Acquisition Corp. marijuana funding marijuana m&a Parallel
Chart showing Parallel projections

Truthfulness key to successful cannabis M&A + creative corporate finance

Marijuana multistate operator Parallel and special acquisition corporation Ceres Acquisition Corp. recently called off their $1.9 billion blockbuster…

News October 13
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SPAC, Beau Wrigley’s Parallel scrap $1.9 billion marijuana deal to take firm public

Chewing gum heir William “Beau” Wrigley Jr.’s marijuana multistate company Parallel and music mogul “Scooter” Braun's Ceres Acquisition…

News October 1
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Marijuana REIT to invest $67.8 million in Pennsylvania facility

Innovative Industrial Properties (IIP) and Atlanta-based multistate marijuana operator Parallel have struck another sale-leaseback deal. The San Diego-based…

News May 14
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Marijuana MSO Parallel moves into Illinois with $100 million acquisition

Atlanta-based Parallel, one of the largest privately held multistate marijuana operators in the United States, entered into a…

News April 1
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A table listing cannabis industry union activity in the US since January 2020

Marijuana union organizing surging amid pandemic, uptick in labor peace requirements

Union organizing in the marijuana industry has been on the upswing in the past year amid the coronavirus…

News March 5
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Wrigley chewing gum heir to take cannabis MSO Parallel public via $1.9 billion deal

Chewing gum heir William “Beau” Wrigley Jr., the CEO of Atlanta-based Parallel, struck a mammoth deal with an…

News February 22
cannabis sale-leaseback innovative industrial properties Parallel REIT Surterra
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Cannabis REIT makes $56.4 million deal to acquire Florida property

Add another cannabis property to Innovative Industrial Properties’ portfolio after the San Diego-based real estate investment trust (REIT)…

News September 21
Andrew Livingston Ascend Wellness Holdings holistic industries Jushi Holdings Lee Dorkin Parallel

New wave of multistate marijuana operators hope they have the ‘secret sauce’ to succeed

A second round of multistate marijuana operators are rapidly expanding their geographic footprints, taking advantage of acquisition and…

News September 16
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