Pot producer Parallel scraps near $2 bln blank-check merger - NewsBreak
By Ulises in Business
Updated 3 years ago
Sept 30 (Reuters) - Cannabis producer Parallel and Ceres Acquisition Corp have mutually terminated their $1.88 billion merger agreement, effective immediately, the blank-check company said on Thursday. (Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi)