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home / news releases / CERAF - Parallel: Overlooked Cannabis MSO SPAC

CERAF - Parallel: Overlooked Cannabis MSO SPAC

Ceres Acquisition
  • Parallel has a deal with the Ceres Acquisition SPAC expected to close this Summer.
  • The company has operations in up to 6 states after the Windy City Cannabis deal in Illinois.
  • The stock trades at ~2.2x 2022 revenue targets and only 7.5x Adjusted EBITDA targets.

For further details see:

Parallel: Overlooked Cannabis MSO SPAC
Stock Information
Company Name: Ceres Acquisition
Stock Symbol: CERAF
Market: OTC
Website: ceresacquisition.com
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