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Benzinga
Benzinga
Business
Nina Zdinjak

Billionaire Beau Wrigley Faces Another Cannabis Lawsuit, This Time Worth $80M

Billionaire William “Beau” Wrigley Jr, heir to the Wrigley chewing gum fortune, is in a court battle over a failed deal with vertically-integrated marijuana company Parallel to buy six Chicago cannabis companies. 

Wrigley is already facing lawsuits over another failed deal – Parallel’s initial public offering via an announced billion-dollar merger with Ceres Acquisition Corp (OTCQX:CERAF). At the time, Wrigley was the CEO of the cannabis company Parallel.  

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