Mike Tyson’s Cannabis Ventures and Upcoming Fight Against Jake Paul

Mike Tyson, the legendary boxer, has been making headlines not only for his upcoming fight against Jake Paul but also for his ventures in the cannabis industry. Tyson, who has been a prolific cannabis smoker since he was 12 years old, ventured into the cannabis business in 2015, capitalizing on California‘s impending legalization of cannabis use.

In 2021, Tyson launched TYSON 2.0, a premium cannabis brand that includes various strains of cannabis, cannabis-infused vitamin chewables, and other related products. One of the notable products from this brand is the ear-shaped marijuana edibles, known as Mike Bites, which are a nod to his infamous ear-biting incident during a fight against Evander Holyfield in 1997. These edibles were launched with Holyfield’s consent and have become a unique part of Tyson’s cannabis offerings[3].

Tyson’s cannabis business has been quite successful, with TYSON 2.0 generating an estimated $150 million in revenue in 2023, according to Forbes Australia. This venture is part of Tyson’s broader efforts to rebuild his wealth after facing financial difficulties, including filing for bankruptcy in 2013[3].

As Tyson prepares to face Jake Paul in a highly anticipated boxing match, his cannabis business continues to be a significant part of his financial and entrepreneurial endeavors. The fight, set to take place at AT&T Stadium in Texas, is expected to be a major event, with both fighters earning substantial amounts, although the exact figures vary by report.