Parallel permanently closes two Florida production sites and cuts 211 jobs

Published Jul 24, 2026

Parallel Florida permanently closed two cultivation and processing facilities totaling more than 330,000 square feet and eliminated 211 jobs, according to state WARN filings, even as Florida’s medical registry exceeds 937,000 patients. For Oklahoma operators, the retrenchment shows why facility utilization and fixed-cost exposure require stress testing even in large, limited-license markets.