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Parallel Cannabis settles its $7.4 million case with Legacy Knight

Parallel Cannabis settles its $7.4 million case with Legacy Knight
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Investors Accuse Wrigley Heir Of Fraud Over Cannabis SPAC

A trio of investors in cannabis operator Parallel have accused the company and its former CEO, heir of the Wrigley chewing gum fortune, of securities fraud for allegedly inducing the shareholders to invest amid a go-public combination with a blank-check company affiliated with record executive Scooter Braun that eventually failed. ....

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