Ric Flair Co-Owned Cannabis Company Under New Management

Ric Flair Mike Tyson

The unlikely pairing of Ric Flair and Mike Tyson made headlines in 2022 after launching a cannabis company together. Tyson’s TYSON 2.0 brand had acquired a major stake in ‘The Nature Boy’s’ Ric Flair Drip Inc.’, allowing ‘Iron Mike’ to release products featuring Flair’s trademarks and intellectual property.

Mere months after the announcement of their collaboration, though, it’s now been confirmed that the business is under new management. A press release issued noted that Carma Holdings are the new parent company in control of the endeavours.

New Parent Company Will Bolster Ric Flair And Mike Tyson’s Business

The press release saw Carma Holdings Chairman Chad Bronstein tout the potential success this new partnership could have for the business, taking it to heights that Ric Flair and Mike Tyson wouldn’t be able to reach on their own:

“Focused on providing high-quality cannabis and creating icon-inspired products that evoke deep consumer connection and deliver elevated experiences, Carma embodies the next generation of celebrity-driven brands committed to providing consumers with safe and effective products that appeal to a wide spectrum of tastes and consumption preferences.

By centralizing our branding, marketing and distribution efforts, TYSON 2.0, Ric Flair Drip and the other game-changing brands in development, we will be able to scale faster to meet global consumer demand.”

Mike Tyson added that the newfound business relationship will aid others in realising the changes that can be made from plant medicine:

“Carma Holdings is a testament to our hard work and dedication to developing brands like TYSON 2.0 and Ric Flair Drip that resonate with our fans. Carma has changed the celebrity cannabis space forever, and I look forward to collaborating with our growing team of partners so that more people can experience the healing benefits of plant medicine.”

Mike Tyson recently returned to the world of professional wrestling, providing guest commentary for the November 4 broadcast of AEW Rampage. During the show, he showed admiration for the legendary Katsuyori Shibata, who was challenging Orange Cassidy for the AEW All Atlantic Championship.

H/T to 411Mania.