New Industry, Business Venture for Mike Tyson

Mike Tyson makes a fist during an interview with The Associated Press, in Dubai, United Arab Emirates, Thursday, May 4, 2017. Tyson is in Dubai to announce the start of his worldwide boxing gym franchise. Tyson said Thursday that a city like Dubai can show people the best of the Middle East, its people and Islam. Tyson praised the sheikhdom as "a party place, a place you have a good time at. This is like New York, man!" He said that contradicts some negative perceptions of the Mideast. (AP Photo/Kamran Jebreili)

Mike Tyson makes a fist during an interview with The Associated Press, in Dubai, United Arab Emirates, Thursday, May 4, 2017. Tyson is in Dubai to announce the start of his worldwide boxing gym franchise. Tyson said Thursday that a city like Dubai can show people the best of the Middle East, its people and Islam. Tyson praised the sheikhdom as “a party place, a place you have a good time at. This is like New York, man!” He said that contradicts some negative perceptions of the Mideast. (AP Photo/Kamran Jebreili)

On January 1st, marijuana became legal in Californa, and Mike Tyson is about to cash in on it. According to The Blast, the former heavyweight champ broke ground on 40 acres in California City for what will be called the “Tyson Ranch.” The ranch will be a resort that produces high-quality strains of THC & CBD. It will also use technology to advance research on marijuana’s health benefits.

20 acres of the land will be set aside for cultivation facilities. There will also be a Tyson Cultivation School to teach growers how to perfect their own strains.

It seems like there will be no shortage of activities at the Tyson Ranch. It will include an extraction facility, a Hydro-feed plant, and supply store, an edible factory, campgrounds, and cabins for “glamping,” along with an amphitheater. What might be most interesting about this venture is the company that runs the ranch, Tyson Holistic. Many of the people who work there are veterans. The aim is to take care of those who served in the armed forces.