Wrigley's Chewing Gum Heir Announces Cannabis IPO via Parallel worth $1.88b

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William “Beau” Wrigley Jr. Plans to take the Wrigley's Chewing Gum fortune to the next level, by investing in manufacturing cannabis gummies, vapes and balms, but not gum

Parallel, the first firm Wrigley has led since selling his family’s chewing gum business for US$23 billion in 2008, will take on Ceres’ listing on the NEO exchange as expectations of an easing of U.S. rules on the pot sector draws investment.

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