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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 👁 150.4M
Etactics
What is a CPT Code in Medical Billing?
⏲ 4 minutes 35 seconds 👁 2.4K
Etactics
What are Revenue Codes in Medical Billing?
⏲ 4 minutes 4 seconds 👁 1.3K
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed
⏲ 1:29 👁 890K
Etactics
The Difference Between HCPCS and CPT Codes
⏲ 3 minutes 59 seconds 👁 712
Spiro Ganas
014 Procedure Codes and Revenue Codes
⏲ 2 minutes 12 seconds 👁 3.4K
Meta Platforms reported strong first-quarter results, with 27% revenue growth and a 114% increase in diluted EPS. Meta has 3.2 billion daily active users across its apps, including Facebook, Instagram, WhatsApp, and Messenger. This figure was up 7% year over year. Meta's average revenue per user increased 18% yearly to $11.20, indicating its success in monetizing users through advertising and other revenue streams. Meta's network effects, with its massive established user base and ability to extract more value per user, represent a significant competitive advantage.
Investor's Meta's User Growth and ARPU Metrics to Assess Competitive Position
⏲ 0:47 👁 895K
The Art of Healing
What's the Difference Between CPT and HCPCS Coding
⏲ 1 minute 14 seconds 👁 13.1K
Sleep Eat Azure
How to pass dp-600 in a week
⏲ 6 minutes 57 seconds 👁 1.6K
The Inland Revenue Board (LHDN) regularly monitors its data to identify companies and individuals who do not pay taxes.<br/><br/>LHDN chief executive officer Datuk Dr Abu Tariq Jamaluddin said the revenue-collecting agency has a legal right to take stern action, such as conducting searches on premises.<br/><br/>Read more at https://shorturl.at/bCG03<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
LHDN monitors data regularly to identify non-taxpayers, says CEO
⏲ 2:29 👁 65.7M
Medical Coding with Dr. Jennifer Teal
Using the CPT Codebook
⏲ 23 minutes 8 seconds 👁 4.6K
Keep On Coding
How To Get Interviews at Big Tech Companies
⏲ 5 minutes 35 seconds 👁 2.3K
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