Another cannabis company is going public via a SPAC deal! Parallel, the multistate cannabis company behind Surterra Wellness and New England Treatment Access, will merge with Ceres Acquisition Company to go public on the NEO exchange. The $430 million SPAC transaction values Parallel at about $1.8 billion and brings some unlikely allies to the table like entertainment mogul Scooter Braun. James Whitcomb, Chief Development Officer of Parallel and Joe Crouthers, the CEO of Ceres Group Holdings and Chairman/CEO of Ceres Acquisition Corp. joined Cheddar to discuss.