Parallel

SNDL Inc. (NASDAQ:SNDL), through its joint venture with SunStream Bancorp Inc., announced on Thursday that SunStream USA group of companies will proceed with the process of acquiring equity positions in U.S. cannabis assets, following the completion of a review by SNDL’s listing authority,...

SNDL Inc. (NASDAQ: SNDL) announced on Monday that its board of directors has approved the renewal of its share repurchase program upon the expiry of its current share repurchase program on November 20, 2023. The share repurchase program allows the Alberta-based company to repurchase up to CA$...

SunStream USA was formed on Friday as SunStream Bancorp Inc. is poised to sign restructuring documentation with cannabis company Surterra Holdings, Inc., which is doing business as Parallel. SunStream is a joint venture sponsored by SNDL Inc. (NASDAQ: SNDL). Why It Matters SunStream USA ...

A Pennsylvania state court has ruled for the dissolution of Gooblend Pennsylvania LLC, a subsidiary of Parallel, a prominent cannabis operator. $5.8 Million Rent Default In Legal Battle The court order, disclosed on August 24, resulted from Goodblend's failure to pay $5.8 million in rent and...

Innovative Industrial Properties, Inc., the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, released results for the second quarter ended June 30, 2023, revealing total revenue of $76.5 million, an 8% increase compared...

Franco DeBlasio, on behalf of Gerich Melenth Nin LP, filed a derivative complaint for the benefit of Innovative Industrial Properties, Inc. (NYSE: IIPR), against certain members of its board of directors and certain of its executive officers, seeking to remedy defendants’ breaches of...

TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) announced that Ziad Ghanem has been promoted to the role of CEO in addition to his existing role as president of the company. Ghanem was most recently TerrAscend's president and COO and was elected to the new role of CEO unanimously by TerrAscend's...

Coming soon to a Texas town near you: a roving cannabis dispensary with a purpose. The CannaBus is setting out soon for its "Ride For Your Rights" tour as part of an effort to bring awareness to the state's medical cannabis laws and how people can qualify. The...

Parallel To Open Another Surterra Wellness Store In Florida Parallel is opening a second Surterra Wellness medical marijuana dispensary in Orlando. Located at 2820 East Colonial Drive, near the Milk District and alongside a variety of popular retail and dining options, the new store will hold a...

Black CannaBusiness (BCB) and Parallel are collaborating on a national education series aimed at CEOs of color in the cannabis industry. The Black Cannabusiness CEO Intensive Program is a free, six-week, executive training program for cannabis business owners, featuring both virtual and in-person...

Parallel opened a new Surterra Wellness medical marijuana dispensary in Fort Lauderdale, Florida. Located on the city's popular Sunrise Boulevard, the dispensary offers patients an array of medicinal products developed to enhance a patient's well-being. The grand opening celebration and...

Black CannaBusiness Magazine and Parallel, a multi-state cannabis operator are collaborating on a national six-week education series aimed at CEOs of color currently in the cannabis industry. The program will launch in Boston, Massachusetts on April 21st, 2022, at Boston Society for Architecture (...

Parallel Opens Surterra Wellness Store In Clermont, Florida Parallel will soon open a new Surterra Wellness medical marijuana dispensary in Clermont, Florida. Located at 1495 State Road 50 within a bustling shopping center neighbored by a variety of retail and dining options, the new store will...

Parallel opened a new Surterra Wellness medical marijuana dispensary in Clermont, Florida. The grand opening celebration and ribbon cutting is planned for April 14, 2022. "We are excited to open our Clermont dispensary and broaden Surterra's presence in serving the wellness needs of our...

Parallel opened a new Surterra Wellness medical marijuana dispensary in Sebring, Florida. Located at 1300 US 27 N, Suite 4, a grand opening celebration and ribbon cutting is planned for Thursday, April 7, 2022. "It's an honor to bring Surterra Wellness to the city of Sebring and to provide...