Mike Tyson’s monthly weed budget exceeds $40k

Rich Polk/Getty Images for iHeartMedia

Mike Tyson is clearly enjoying his newfound career as a businessman in the legal cannabis industry.

In a recent episode of Tyson’s podcast, “Hotboxin’ with Mike Tyson,” the heavyweight boxing legend detailed the amount of marijuana consumed monthly at his ranch resort.

“What do we smoke a month?” Tyson asked his co-host and former NFL player, Eben Britton. “Is it $40,000 a month?”

“It’s about $40,000 a month,” Britton replied, only to offer yet another astonishing stat number.

“Oh, I don’t know,” added Britton. “We smoke ten tons of weed a month at the ranch.”

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Tyson broke ground on a 40-acre cannabis operation in 2018. Dubbed Tyson Ranch, the property includes a farm that produces THC and CBD products as well as nine strains of cannabis. He also plans to hold an annual music festival where cannabis can be legally purchased and consumed on site.

While $40,000 seems extravagant, Tyson assures us that his products are generating that much more income.

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“But we’re throwing out to the dispensaries 500 [thousand] a month. Between 400-500 [thousand] a month,” Tyson said.

Oscar Pascual is the editor of Smell the Truth, syndicated on GreenState and SFGATE. Smell The Truth is one of the internet’s most popular destinations for cannabis-related news and culture. This blog is not written or edited by Hearst. The authors are solely responsible for the content.