Mike Tyson, Former Heavyweight Boxer, Enters Cannabis Industry

cannabis news; Mike Tyson Enters weed industry

Yes, you read that correctly. On Jan. 1, California legalized recreational cannabis and Mike Tyson decided to cash-in on what people are calling the “Green Rush.”

The former heavyweight boxing champion and some business partners purchased a 40-acre ranch in California. They have plans to convert it into a destination for growers and cannabis enthusiasts.

The property is called, Tyson Ranch and aims to use 20 acres for cultivating cannabis by growers. It will feature facilities to assist growers and those interested in learning about growing. The ranch will also offer an a place for edibles, an amphitheater, and areas for luxury camping.

CBD, a cannabis extract that does not get people “high” is becoming popular for veterans to treat conditions such as post-traumatic stress disorder. In addition, CBD has been described by advocates to have other therapeutic properties, which can aid veterans who are suffering from various conditions on their road to recovery.

Tyson has talked about his substantial cannabis use during his boxing career, as well as being addicted to cocaine at times. In October of 2000, Tyson’s fight and win against Andrew Golota by technical knockout was changed to “no contest” after he tested positive for cannabis in his system.

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