WebFeb 13, 2024 · Wrigley-Led Cannabis MSO Parallel to Go Public Via SPAC Valued at $1.9 Billion. Parallel and Ceres Acquisition Corp. Announce Business Combination to Create a Publicly Traded U.S. Cannabis Well ... WebParallel is a cannabis company focused on bringing wellness and improved quality of life through cannabinoids. Main Telephone. (850) 391-5455. Primary Address. 55 Ivan Allen …
NETA Opens 3rd Retail Store in Franklin, MA - PR Newswire
WebMar 30, 2024 · The money troubles at Parallel could spell problems with other companies it has agreements with and one of those is the cannabis REIT (real estate investment trust) Innovative Industrial Properties (NYSE: IIPR). 10% of the REIT’s rental revenues in 2024 came from Parallel. That makes it the second-largest tenant on the books for IIP, with ... WebApr 5, 2024 · NETA is a cannabis facility that Parallel acquired in 2024. The Junior Note carries an annual non-default interest rate of 14.25%; The company also appears to owe approximately $54 million on $44.3 million of certain convertible secured notes issued to Green Health. The Green Health Notes accrue interest at a rate of 16% per year, and … drake\u0027s sausage
Parallel Cannabis
WebDec 3, 2024 · The 10,000 square foot space, which includes retail, warehouse, and offices, is located at 162 Grove St. Franklin is also home to NETA's cultivation and processing facility and the company's... WebMar 28, 2024 · The latest documents in the privately-owned Parallel Cannabis (formerly Surterra Wellness) lawsuit lay bare the issues surrounding the company’s debt and its inability to pay those debts causing defaults.. The court documents filed on Friday outline a plan by Parallel’s then CEO Beau Wrigley and his family fund called the PE Fund to … WebJames Whitcomb, CEO of multistate cannabis operator Parallel, published an open letter today decrying systemic inequities in the cannabis industry and pledging to support fundamental changes to make the industry more equitable. The letter highlights a failure by Parallel and other multistate operators (MSOs) to honor the “social responsibility” that … drake\u0027s seafood