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Billionaire William 'Beau' Wrigley enters Illinois weed market

Billionaire chewing gum heir William "Beau" Wrigley Jr. is returning to his Chicago business roots with the purchase of six Windy City cannabis dispensaries. ....

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Billionaire Beau Wrigley returns to Chicago for weed deal

William Beau Wrigley
A marijuana company headed by billionaire William “Beau” Wrigley is buying six pot shops in Illinois from Windy City Cannabis for up to $155 million.
The deal will give Wrigley s company Parallel a foothold in Illinois, one of the largest cannabis markets in the country. Windy City is the latest Chicago dispensary operator to be acquired. Others include MOCA, Midway and The Herbal Care Center.
The marijuana business is soaring as more states, such as New York, New Jersey and Virginia, legalize recreational marijuana. More than a dozen companies, including several in Chicago, are still fighting to establish dominance in the U.S. marijuana business. After a capital crunch that squeezed companies, the industry is awash in cash, resulting in a flurry of deals. ....

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Parallel Expands into Illinois Cannabis Market with Agreement to Acquire Windy City

Parallel Expands into Illinois Cannabis Market with Agreement to Acquire Windy City
Transaction extends Parallel s strategic footprint to six states, concentrated in highly populated, limited license markets throughout the U.S.
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ATLANTA and WEST PALM BEACH, Fla., April 1, 2021 /PRNewswire/ Parallel, one of the largest privately-held multi-state cannabis operators in the United States (U.S.), today announced it has entered into a definitive agreement to acquire, in a cash and stock transaction, certain operations of Windy City Cannabis, comprised of Posen Dispensary Holding Company, LLC, Homewood Holding Company, LLC, Homewood 2
nd Site Holding Company, LLC, Posen 2 ....

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MSO Parallel Enters Illinois Cannabis Market with $100 Million Acquisition – New Cannabis Ventures

MSO Parallel Enters Illinois Cannabis Market with $100 Million Acquisition – New Cannabis Ventures
newcannabisventures.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newcannabisventures.com Daily Mail and Mail on Sunday newspapers.

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Parallel Expands into Illinois Cannabis Market with Agreement to Acquire Windy City

Parallel Expands into Illinois Cannabis Market with Agreement to Acquire Windy City
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

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