Privately held multi-state cannabis operator, Parallel, will make a $25 million dollar investment in a new cannabis cultivation, production and retail facility in Texas. This financial commitment expands Parallel’s ability to meet the growing patient demand for medical cannabis products in the Lone Star State. The planned 63,000-square-foot facility is expected to create hundreds of new jobs in the San Marcos region.

The company is also introducing its goodblend retail brand as it changes the name of Surterra Texas to goodblend Texas. This is the second market where Parallel has introduced the goodblend name, joining goodblend Pennsylvania. In time, the company will evaluate opportunities to roll out the brand in its existing markets. The goodblend retail brand reflects Parallel’s intent to take a lead role in cannabis’ future by providing customers a seamless way to connect and learn, and access cannabis products in a variety of forms.