Parallel’s goodblend™ Texas Launches First Medical Cannabis Capsule Format for Patients in the …

ATLANTA and AUSTIN, Texas, May 3, 2021 /PRNewswire/ — goodblend™ Texas, a retail brand of Parallel, one of the nation’s largest privately-held multi-state cannabis operators, today announced the launch of the first cannabis capsules for patients registered in the Texas Compassionate Use Program.

“goodblend is proud to be the first medical cannabis dispensary in Texas to offer medical cannabis capsules to patients across the Lone Star State,” said Marcus Ruark, President of goodblend Texas.

The capsule format provides patients with a precise, concentrated dose of a calibrated level of THC and CBD oil per capsule.

The company also recently introduced its goodblend™ retail brand, which reflects Parallel’s intent to lead the way to the future of cannabis by providing patients a trusted, consistent and seamless way to connect and learn, and to access innovative, high-quality cannabis products in a variety of formulations.

Parallel follows rigorous operations and business practices to ensure the quality, safety, consistency, and efficacy of its products and is building its business by following strong values and putting the well-being of its customers and employees first.

Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include, but are not limited to, statements related to activities, events or developments that Parallel or Ceres expects or anticipates will or may occur in the future, statements related to Parallel’s business strategy objectives and goals, and Parallel’s management’s assessment of future plans and operations which are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect.

Risk factors that could cause actual results, performance or achievement to differ materially from those indicated in the forward-looking statements include, but are not limited to the following: unpredictability caused by capital structure and voting control.

Securities Act of 1933, as amended , or any state securities laws and may not be offered and sold in the United States except pursuant to an exemption from the registration requirements of the U.S.

Any securities of either Ceres or Parallel sold in the United States will be “restricted securities” within the meaning of Rule 144 under the U.S.

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