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Parallel, parent cannabis company of NETA in Massachusetts, secures agreement to become publicly traded

Parallel, the parent company of NETA, which has medical and adult-use cannabis stores in Brookline and Northampton, announced Monday it has taken steps to becoming a publicly traded company.

Parallel, one of the largest privately-held multi-state cannabis operators in the United States, said it has entered into an agreement with Ceres that, if completed, would result in the company becoming public.