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Mike Tyson, the former heavyweight champion and cannabis mogul (with ear-shaped gummies) tells Forbes how pot changed his life—and the secret weapon that will help him smoke Jake Paul in their fight.<br/><br/>While Iron Mike was prone to being his own hype man as a fighter, he’s not far off with his claims about his budding cannabis company. Tyson 2.0 sells marijuana products—including flower, vapes and edibles made in the shape of Evander Holyfield’s ear, which Tyson notoriously bit during a 1997 match—in 20 states across the U.S., and in Amsterdam, Barcelona and Thailand. The company, through a partnership with PHCANN International in Macedonia, is in the process of launching in Germany’s newly legalized adult-use market as well as the U.K.’s highly restrictive medical marijuana industry.<br/><br/>Tyson 2.0 works off a licensing model, cutting deals with franchisees who grow, manufacture, and sell his branded cannabis products. In 2023, the brand generated $150 million in revenue, Forbes estimates, with about 30% coming from cannabis sales and the rest from accessories, CBD, nicotine vaporizers and other products.<br/><br/>Tyson 2.0’s flower is branded with names drawn from his legendary boxing career, including Dynamite Cookies (his first nickname was Kid Dynamite) and Knockout OG (Tyson won 44 of his 50 boxing career wins by KO). But the company’s flagship product Mike Bites—the edible in the shape of Holyfield’s half-bitten ear—was developed by Tyson’s wife, Kiki.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/willyakowicz/2024/04/26/mike-tyson-on-becoming-a-heavy-hitter-in-weed/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Mike Tyson On Taking A Bite Out Of The Cannabis Industry | Forbes
⏲ 10:37 👁 104.7M
MCB Ltd
Our new Internet Banking: It’s easier, simpler and faster
⏲ 1 minute 16 seconds 👁 1.4K
MCB Seychelles
Our New Internet Banking: It's Easier, Simpler and Faster
⏲ 1 minute 6 seconds 👁 467
NatWest Group has become the latest high street bank to report lower profits, after earnings soared in 2023 on the back of higher interest rates. The group revealed an operating pre-tax profit of £1.3bn over the first three months of the year, down from £1.8bn the previous year.
NatWest becomes latest high street bank to report lower profits
⏲ 1:1 👁 87.2M
MCB Ltd
MCB Juice
⏲ 46 seconds 👁 18.6K
MCB Ltd
Has the persisting inflation data catalyzed the rhythm of Fed rate cuts this year?
⏲ 2 minutes 23 seconds 👁 198
Earlier this month, Sen. Mark Warner (D-VA) questioned a Department of the Treasury Deputy Secretary on funding to the Middle East during a Senate Banking Committee hearing. <br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com
Mark Warner Questions Biden Official: ‘Are Any Of Those U.S. Dollars Going To Iran?’
⏲ 6:1 👁 11.2M
MCB Ltd
MCB Christmas spending highlights
⏲ 56 seconds 👁 148
MCB Ltd
Parikshat Tulsidas: Forecasting Economic Optimism for 2024
⏲ 2 minutes 27 seconds 👁 202
The CEOs of the big banks are calling on the Federal Government to ease responsible lending rules put in place after the banking Royal Commission and aimed at protecting borrowers. But consumer groups are warning against changes as new data reveals the number of people in mortgage hardship is reaching crisis levels.
Major banks CEO’s call on government to ease lending rules
⏲ 1:55 👁 490K
MCB Ltd
Nou fier nou landrwa | Rivière du Rempart
⏲ 5 minutes 52 seconds 👁 132
MCB Ltd
MCB Private & Wealth Management: International Economy and Markets – October 2023
⏲ 5 minutes 28 seconds 👁 94
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