Pot producer Parallel scraps near $2 bln blank-check merger

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Pot producer Parallel scraps near $2 bln blank-check merger


Sept 30 (Reuters)Cannabis producer Parallel and Ceres Acquisition Corp CEREu.NEO have mutually terminated their $1.88 billion merger agreement, effective immediately, the blank-check company said on Thursday.

(Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi)

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