# Parallel: Cannabis, Atlanta, United States

> Parallel: Parallel cultivates, produces, and processes cannabis for medical purposes. Based in Atlanta, United States. Founded 2014.

Source: https://millionrounds.com/startup/parallel-16 (Millionrounds; every figure on the page links to its filing or article)

United States · [Cannabis startup](https://millionrounds.com/companies)

# Parallel

Parallel cultivates, produces, and processes cannabis for medical purposes.

Funding reported Last round: Debt Financing

Cannabis Atlanta, United States

Company summary

- **Founded:** 2014 12 years old
- **Team:** 1,001 1,000+ people
- **Funding reported:** $260M in dollars
- **Last round:** Debt Financing Dec 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Parallel has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Parallel raised

Funding, as reported

Reported in all **$260M** in dollars

Last round **Debt Financing**

Last round date **Dec 2022**

## Founders and team

From Parallel's own website: 2 on the team.

- **Barry Jones** Chief Financial Officer
- **Phil Harris** Chief Legal Counsel

## Cannabis in United States

Startups like it

- [**Flora Growth Corp.** Fort Lauderdale · founded 2019](https://millionrounds.com/startup/flora-growth-corp)
- [**Glass House Brands** Long Beach · founded 2016](https://millionrounds.com/startup/glass-house-brands)
- [**MariMed** Norwood · founded 2013](https://millionrounds.com/startup/marimed)
- [**Clever Leaves** New York · founded 2016](https://millionrounds.com/startup/clever-leaves)
- [**XS Financial** Los Angeles · founded 2017](https://millionrounds.com/startup/xs-financial)
- [**Long Play** Denver · founded 2021](https://millionrounds.com/startup/long-play)
- [**Schwazze** Denver · founded 2012](https://millionrounds.com/startup/schwazze)
- [**Rainbow Realty Group** Great Neck · founded 2018](https://millionrounds.com/startup/rainbow-realty-group)

## Is this your company?

Add your raise, your deck and your story, and put Parallel in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)