Mike Tyson to Cash in on the Medical Marijuana Industry -- Plans to Build a 40-Acre Resort!

Mike Tyson

Mike Tyson has broken grounds for his new venture, Tyson Ranch, a multi-purpose farm resort in Southern California. But he will not be raising cattle or crops. Rather, he will be entering the marijuana market and produce high-quality strains of THC and CBD.

With the start of 2018, California has permitted and legalized the use of recreational marijuana for those 21-years old and above. Tyson, a former heavyweight champion, is taking full advantage of this so-called Green Rush. On December 20 last year, he and his two business partners, Robert Hickman and Jay Strommen, inaugurated a 40-acre plot of land 110 miles north of Los Angeles and 65 miles southwest of Death Valley.

Half of the land is reserved for growing marijuana. Tyson's farm will focus on high-quality strains of THC, the primary mind-altering element of marijuana, and CBD, known to have substantial medicinal properties.

The other half of Tyson Ranch will house an edible factory, premium glamping or luxury camping grounds, cabins, and an amphitheater. There will also be facilities, including Tyson Cultivation School, for the cultivation of new strains and innovative research for its medicinal benefits.

California City Mayor Jennifer Wood, who is also present in the groundbreaking, personally thanked Tyson for "his commitment to the community." She also said that the industry "will provide medicinal marijuana to people in need" as well as generate "revenue and jobs" to residents.

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