Mike Tyson’s little-known multi-million dollar cannabis side hustle

One thing you probably didn’t expect: boxer Mike Tyson, who owns a cannabis company. You may not know about it, but he made it a multi-million dollar hit.

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

However, he is not a small business owner; in fact he is the proud founder of aa company rake at least six digits.

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Mike Tyson, a boxing champion and cannabis entrepreneur

The undisputed heavyweight champion used the drug to “relax his body and focus his mind” during the peak of his career, according to the corporate website.

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

Tyson 2.0 is the boxer’s second venture in the lucrative industry; He built his first brand – Tyson Ranch – in 2015. The brand was known for selling a number of variations, including one aptly named, Knockout OG.

He himself created a rooftop cannabis garden at the Brentwood Oasis villa built by Ramtin Ray Nosrati in 2021.

Corresponding The sun, The Tyson Ranch is believed to be bringing in at least £500,000 a month. Previously, he wanted to build a 418-acre weed-themed vacation resort that he hopes will be home to a music festival to rival Coachella. However, it is not known if it will materialize.

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Tyson 2.0 is famous for its ear-shaped edibles

Tyson 2.0 products launched in 2021 and 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 El Bluntito.

If you’ve heard of Tyson 2.0, it’s probably because of its Mike Bites, which launched in March 2022. The boxer, as ear-shaped edibles, definitely benefited from the iconic moment when he bit Evander Holyfield on the ear in a WBA heavyweight title fight.

Unfortunately they are no longer on sale, although we hope Holyfield has gotten a cut.