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Mike Tyson’s Little-Known Multimillion-Dollar Cannabis Hustle

One thing you probably didn’t expect: Boxer Mike Tyson owns a cannabis business. You might not know it, but he made it a multi-million dollar hit.

Today (April 20) marks 4/20, the annual celebration in honor of cannabis. Snoop Dogg and Wiz Khalifa are among the famous faces known to be marijuana advocates. But did you know that Mike Tyson, aka Iron Mike, is also a huge fan? So much so that he created his companies, Tyson Ranch and Tyson 2.0, to spread his passion.

He is not, however, a small business owner; in fact, he’s the proud founder of a company that’s at least six figures.

Photo by Phillip Faraone/Getty Images

Mike Tyson, champion boxer and cannabis entrepreneur

The undisputed heavyweight champion used the drug to “relax his body and focus his mind” during the height of his career, according to the company’s website.

“Cannabis has always played an important role in my life. Cannabis has changed me for the good both mentally and physically, and I want to share that gift with others who are also looking for relief.

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Tyson 2.0 is the boxer’s second attempt at the lucrative industry; he built his first brand – Tyson Ranch – in 2015. The brand was known for selling a range of variants, including an aptly named Knockout OG.

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He even created a rooftop cannabis garden at the Ramtin Ray Nosrati-built mansion, Brentwood Oasis, in 2021.

Tyson Ranch reportedly brings in at least £500,000 a month, according to The Sun. He previously aimed to build a 418-acre weed-themed resort that he hopes will host a music festival to rival Coachella. However, it is not known if this will materialize.

Tyson 2.0 is famous for its ear-shaped edibles

Launching in 2021, Tyson 2.0 products are available in eight states, with ten more locations on the agenda.

From Dynamite Cookies — likely inspired by his Kid Dynamite moniker — to Tiger Mintz, products start at $10 for pre-rolls and go up to $54 for the El Bluntito.

If you’ve heard of Tyson 2.0, it’s probably because of his Mike Bites, which launched in March 2022. Ear-shaped edibles, the boxer definitely made the most of the iconic moment he bit off Evander’s ear Holyfield in a fight for the WBA heavyweight title.

Unfortunately they are no longer on sale, although we hope Holyfield will get a cut of them.

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