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Secondary Marketplace / Trade Private Companies / Buy and Sell Parallel Stock

Parallel Stock

liveparallel.comHealthcare / Other HealthcareFounded: 2014Funding to Date: $228.07MM

Founded in 2014, Parallel is a privately-held company with a focus on cannabis products and cannabis research and development. The mission of the organization is to improve quality of life through the use cannabinoids. Based in Atlanta, GA, the company focuses on all facets of the cannabis supply chain such as cultivation, production, distribution and retail. Parallel has additional facilities in Massachusetts, Florida, Texas, and Budapest, Hungary.

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Team

Management Team

James Whitcomb
Chief Development Officer & Board Member
Lee Applbaum
Chief Marketing Officer
James Holmes III
Chief Strategy Officer & Board Member
William Wrigley Jr.
Chief Executive Officer & Chairman
Stevens Sainte-Rose
Chief Human Resources Officer
Edward Brown
Chief Brand Officer & Board Member
Neil Hampshire
Chief Information Officer
Kevin Fisher
Chief Operating Officer & Board Member
Fareed Khan
Chief Financial Officer

Board Members

James Holmes III
William Wrigley Jr.
Parallel (Healthcare)
James Whitcomb
Parallel (Healthcare)
Thomas Venables
Parallel (Healthcare)
Jason Becker
Parallel (Healthcare)
Kevin Fisher
Parallel (Healthcare)
Edward Brown
Parallel (Healthcare)

Parallel stock FAQs

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Can you buy Parallel stock?

As Parallel is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private company like Parallel, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not an accredited investor, discover how to begin the process to potentially qualify for new investment opportunities.
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How to buy Parallel stock?

To invest in a private company like Parallel through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)
  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Parallel stock?

Yes, you may be able to sell your Parallel stock, subject to certain conditions. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company's interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Parallel stock?

If you hold private company shares of - whether as an employee or an early investor - Forge can help you sell them.
  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Parallel stock on our platform.
  3. Work with your dedicated Private Market Specialist who'll help guide you through every step of the transaction.
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Is Parallel a public company?

No, Parallel is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Parallel’s stock price?

Parallel is a privately held company and therefore does not have a public stock price. However, you may access Parallel’s private market stock price with Forge Data.
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What is Parallel’s stock ticker symbol?

Parallel does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

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Matthew Ball 10/23/2023

Parallel Bets, Microsoft, and AI Strategies

The article explores Microsoft's strategy of parallel investments across various AI technologies and its implications. It discusses how Microsoft's diverse portfolio of AI investments, including its $3 billion stake in OpenAI and its extensive in-house AI operations, have helped the company stay competitive and adaptable in a rapidly evolving market. The article also contrasts Microsoft's strategy with Amazon's more concentrated bet on the Alexa digital assistant.
Utah Business Magazine 09/14/2023

Parallel raises $1.85M pre-seed led by Penny Jar

Parallel, a company developing a solution for finance teams to streamline headcount forecasting, has raised $1.85M in pre-seed funding. The round was led by Penny Jar Capital, with participation from Convoi Ventures, Peak Capital, the Frazier group, and others. Parallel aims to unify disparate systems, providing a tool that syncs with HR and payroll data to improve accuracy and efficiency in financial forecasting.
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Updated on: Jul 26, 2024

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