Wrigley chewing gum heir to take cannabis MSO Parallel public via $1.9B deal

MJBizDaily
By Omar SacirbeyFeb 22, 2021, 6:09 pm607 ptsTop
Chewing gum heir William “Beau” Wrigley Jr., the CEO of Atlanta-based Parallel, struck a mammoth deal with an entertainment mogul to take the cannabis multistate operator public through a transaction that values the company at $1.9 billion. Ceres Acquisition Corp. – a special purpose acquisition company…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

FOHSE Signs Exclusive 5-Year Master Service Agreement With Green Horizons 75

Cannabis Stocks Are Soaring 73

A Gen Zer’s Favorite 7 Trippy Movie Scenes 72

Marijuana MSO TerrAscend completes $79 million in debt financing 66

MOTA Fuels the American Glass Revolution 66

Texas Governor Calls Hemp Products ‘Lawful Agricultural Commodity’ in Special Session Notice 39

Pennsylvania Could Be 25th State to Legalize Adult-Use Cannabis Under New Bill 35

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.