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

MJBizDaily
By Omar SacirbeyFeb 22, 2021, 6:09 pm610 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

Marijuana rescheduling looms as Senate Republicans move on Trump DEA pick 79

Cannabis sales now allowed at all-ages events in Alberta 76

iAnthus Continues Florida Expansion With GrowHealthy Dispensary in Palm Harbor 75

Current Roadside Tests For Marijuana Impairment Are ‘Pseudoscientific,’ Law Professor Says 75

Twister Technologies post-harvest automation & AI solutions 74

More Seniors Turning to Cannabis, But What’s the Appeal? 73

Report: Global Hemp Fiber Market to Surpass $30B by 2033 71

California State Fair Exhibit Charges One Penny for Cannabis Seeds 71

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.