Surterra Wellness

OverviewSuggest Edit

Surterra Wellness (also known as Parallel) is a developer and retailer of cannabis-based medical products intended to empower health and well-being. It offers a variety of medical, health and wellness products in multiple delivery options, including vaporizer pens, tinctures, oral sprays, topical creams, and soft gels, enabling customers to naturally regulate mood, stress, and pain levels.

TypePrivate
Founded2014
HQAtlanta, GA, US
Websitesurterra.com
Employee Ratings2.3
Overall CultureA+

Latest Updates

Employees (est.) (Aug 2022)194(+4%)
Job Openings93
Cybersecurity ratingBMore
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Key People/Management at Surterra Wellness

William Wrigley

William Wrigley

Chairman and CEO
Josh Reed

Josh Reed

Vice President, Production
Lee Applbaum

Lee Applbaum

Chief Marketing Officer
Isaac Klaus

Isaac Klaus

Vice President of Research and Development
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Surterra Wellness Office Locations

Surterra Wellness has an office in Atlanta
Atlanta, GA, US (HQ)
55 Ivan Allen Jr Blvd NW #900
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Surterra Wellness Financials and Metrics

Summary Metrics

Founding Date

2014

Surterra Wellness total Funding

$163 m

Surterra Wellness latest funding size

$82.72 m

Time since last funding

3 years ago

Surterra Wellness investors

Surterra Wellness's latest funding round in June 2019 was reported to be $82.7 m. In total, Surterra Wellness has raised $163 m
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Surterra Wellness Operating Metrics

May, 2020

Brands

5

Items in Catalogue

151

Trademarks (US)

17

Surterra Wellness Acquisitions / Subsidiaries

Company NameDateDeal Size
Molecular Infusions (Mi)June 25, 2019
New England Treatment Access (NETA)June 21, 2019

Surterra Wellness Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Surterra Wellness Online and Social Media Presence

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Surterra Wellness Company Culture

  • Overall Culture

    A+

    91/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    100/100

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Surterra Wellness News and Updates

Parallel Announces Opening of Orlando's Second Surterra Wellness Dispensary in Bustling Downtown Milk District

ORLANDO, Fla., June 20, 2022 /PRNewswire/ -- Parallel, a multi-state medical marijuana operator, announced today the opening of a second Surterra Wellness (Surterra) medical marijuana dispensary in Orlando, Florida. The dispensary is located at 2820 East Colonial Drive, near the Milk...

Parallel Announces Opening of Third Surterra Wellness Dispensary in Miami to Meet the Community's Growing Demand

MIAMI, June 9, 2022 /PRNewswire/ -- Parallel, a multi-state medical marijuana operator, announced today the opening of a new Surterra Wellness (Surterra) medical marijuana dispensary in Miami, Florida, becoming the third Surterra location in the Magic City. The dispensary is located at...

Surterra Wellness Announces Corporate Name Change to Parallel™ Effective Today

Reflects Its Position as a Rapidly Growing, Leading Global Well-Being Company and Reaffirms Its Commitment to Improving the Quality of Life Through the Benefits of Cannabinoids

Atlanta’s Star Medical Marijuana Startup Surterra Wellness Raises $100 Million

Atlanta’s rising medical marijuana startup Surterra Wellness has closed a $100 million Series D round and approved the expansion of its board of directors.

Intrexon Corporation and Surterra Wellness Partner in $100mm Deal to Advance Commercial Scale Fermentation-based Cannabinoid Production

Intrexon Corporation (Intrexon) (NASDAQ: XON), a leader in the engineering and industrialization of biology to improve quality of life and health of the planet, and Surterra Wellness (Surterra), one of the fastest growing health and wellness companies in the United States today announced an exclusiv…

Surterra Wellness Frequently Asked Questions

  • When was Surterra Wellness founded?

    Surterra Wellness was founded in 2014.

  • Who are Surterra Wellness key executives?

    Surterra Wellness's key executives are William Wrigley, Josh Reed and Lee Applbaum.

  • How many employees does Surterra Wellness have?

    Surterra Wellness has 194 employees.

  • Who are Surterra Wellness competitors?

    Competitors of Surterra Wellness include Harvest Health and Recreation, Clever Leaves and Cresco Labs.

  • Where is Surterra Wellness headquarters?

    Surterra Wellness headquarters is located at 55 Ivan Allen Jr Blvd NW #900, Atlanta.

  • Where are Surterra Wellness offices?

    Surterra Wellness has an office in Atlanta.

  • How many offices does Surterra Wellness have?

    Surterra Wellness has 1 office.