Mike Tyson is building a Cannabis ranch in California Mike Tyson, became the youngest heavyweight champion in 1986. When he lost his title, he was then charged with possession of illegal substances. With several other cases under his belt, he was sent to prison. As he shifts from one career to another in, Tyson tried to regain back fame as a promoter in the boxing industry. Even with the switch in career, he admitted that he was suffering from substance abuse. Although caught in possession of cocaine, he admitted that oftentimes, he would use cannabis too. Tyson has been a long believer in the healing process of the cannabis plant, and he has been a proponent of using cannabidiol (CBD), which has the same non-hallucinogenic properties as …show more content…
Not only is the ranch a marijuana lover’s amusement park, Tyson also spent a great deal of money for its legislation and wants to invest in the cultivation of the plant and the funding of research behind the effects of medical …show more content…
It is expected that the “Tyson Ranch” will grow big in the business and would further expand into a larger and well-developed park. Mike Tyson, who was once known as Iron Mike in the boxing industry was even given the title of “Stone Mike” for his newly chosen career path. Through his efforts of expanding his business options in the cannabis industry, he is now considered as one of the rising Marijuana kingpins in the U.S. However, Tyson is not the only one eyeing to establish a marijuana-themed park. A year ago, American Green Corp. which is one of the first publicly established traded technology in the medical marijuana industry, bought the Nipton, CA ghost-town and created it to be a tourist destination. Included in the plans are cannabis hubs and the production of CBD-infused water. The company has now 50,000 individual shareholders. It is presumed that the company has the largest shareholder base of any cannabis-related company in the United States. The company said that it plans to invest $2.5 million to build their own town with the mission of enhancing the cannabis and industrial hemp industry and become a seed-to-sale innovator, as well as becoming value-added companies and products – spanning cultivation, manufacturing and extraction, retail, and community