Cannabis Company Parallel Secures $10M In Senior Bridge Financing Via SunStream

SunStream Opportunities LP, an affiliate of SunStream Bancorp Inc., a joint venture sponsored by SNDL Inc.  SNDL+ Free Alerts , announced the closing of a $10 million bridge term loan to Surterra Holdings Inc. d.b.a Parallel Brands, and certain affiliates, (collectively, “Parallel”). SunStream anticipates announcing further details in respect of its investment in Parallel in the first quarter of 2023. […]


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