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Parallel Invests $25M in a New State-of-the-Art Cannabis Cultivation, Production and Retail Facility in San Marcos, Texas
April 19, 2021 GMT
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ATLANTA and AUSTIN, Texas, April 19, 2021 /PRNewswire/ Parallel, one of the largest privately-held multi-state cannabis operators in the United States (U.S.), today announced it will make a $25 million dollar investment in a new state-of-the art cannabis cultivation, production and retail facility in Texas. This financial commitment expands Parallel’s ability to meet the growing patient demand for medical cannabis products in the Lone Star State. The planned 63,000 square-foot facility is expected to create hundreds of new jobs in the San Marcos region.
Parallel Invests $25M in a New State-of-the-Art Cannabis Cultivation, Production and Retail Facility in San Marcos, Texas
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Expansion to Texas Medical Weed Program Passes House Committee
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Texas House committee passes bill to expand medical marijuana program
Fort Worth Republican Rep. Stephanie Klick’s proposal would broaden who qualifies for the compassionate use program and raise the THC limit for cannabis.
Morris Denton looked over marijuana plants in a flowering room at Compassionate Cultivation, a licensed medical cannabis cultivator and dispensary, in 2017 in Manchaca, Texas.(Eric Gay / AP)
AUSTIN The Texas House Committee on Public Health passed a bill Wednesday that would include more patients in the Texas Compassionate Use Program (TCUP) for medical marijuana.
House Bill 1535, authored by Fort Worth Republican Rep. Stephanie Klick, would grow the Texas Compassionate Use Program by including patients with any type of cancer, not just terminal, PTSD in veterans and chronic pain that would otherwise be treated with an opioid.
Texas House committee considers bill to expand medical marijuana program
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