SportsMoney Mike Tyson Has Ric Flair Back To Work Already With New Cannabis Line Brian Roberts Contributor Opinions expressed by Forbes Contributors are their own. I cover blood sports. New! Follow this author to stay notified about their latest stories.
Got it! Aug 18, 2022, 03:37pm EDT | New! Click on the conversation bubble to join the conversation Got it! Share to Facebook Share to Twitter Share to Linkedin NASHVILLE, TENNESSEE – JULY 31: Wrestler Ric Flair is seen at Nashville Municipal Auditorium on July . . .
[+] 31, 2022 in Nashville, Tennessee. (Photo by Jason Kempin/Getty Images) Getty Images Ric Flair is back to work, sans the purple tights and white walkout robe. While 78 percent of professional athletes go broke within 3-years of retirement , Flair is howling out his trademarked “WOOOOO!” in defiance of those statistics with his latest product launch.
The Nature Boy closed out his 50-year-wrestling-career on July 31st in front of 10,000 attendees, per ESPN , following his roast, which featured NHL alumni and “enforcer” Tie Domi and others. But the 16x champion and 2x WWE Hall-of-Famer is back to business with his cannabis line “Ric Flair Drip. ” Who needs a drink on a beach someplace when you have, in Flair’s case, pre-rolls and edibles.
The line, a part of Mike Tyson’s “Tyson 2. 0” brand, announced today that it’s available for sale in Arizona, Nevada, and Illinois, with more states to follow in the subsequent months. Tyson, Co-Founder, President, and Chairman of Tyson 2.
0, Chad Bronstein, Co-Founder Aristotle Loumis, and their CEO, Adam Wilks, quarterbacked the distribution in partnership with cannabis company Verano. PROSPECT HEIGHTS, IL – JUNE 24: Pictured, from left to right: Chad Bronstein, Mike Tyson, and . .
. [+] Aristotle Loumis (far right) of Tyson 2. 0.
Lena Vieira/Brian J. Roberts MORE FOR YOU WWE Extreme Rules 2021 Results: Winners, News And Notes As Roman Reigns Beats The Demon The World’s Highest-Paid Soccer Players 2021: Manchester United’s Cristiano Ronaldo Reclaims Top Spot From PSG’s Lionel Messi The Good, Bad And Ugly From The Green Bay Packers’ Win Over The San Francisco 49ers According to an August 10th interview with Tyson, Bronstein, and Carrie Pallardy of New Cannabis Ventures , Tyson 2. 0 is “profitable.
. . and doing millions of dollars a month in revenue.
” Tyson told Pallardy that their biggest problem is keeping their products on the shelves. Cannabis company profit margins have narrowed over the years, due to increasing taxation, which has stifled equity efforts for many. But Bronstein has had a unique advantage, given his dual-role as founder and CEO of Fyllo.
The company, which he founded in 2019, offers access to purchasing and regulatory data concerning the industry. This data has given them a competitive advantage: the team announced their $9M Series A round less than two months ago–on Mike Tyson’s 56th birthday–and six months before that, they raised their Seed round. All told, Bronstein has raised over $100M for his companies in the past two years, all while managing former UFC Women’s Bantamweight champion Julianna Pena (who’s looking to rematch with rival Amanda Nunes before the end of the year).
It’s not every day retired athletes are moving in lockstep with a $2. 36 billion company like Verano, nor earning millions on their own. Tyson, 56 years old, and Flair, who will be 74 next February, prove that if you partner with the right people, retirement isn’t an end.
. but a lucrative, new beginning. Perhaps Bronstein, Loumis, and Wilks should start a 55+ community next.
Lord knows that I’ll be first in line twenty-four years from now. Follow me on Twitter . Check out my website .
Brian Roberts Editorial Standards Print Reprints & Permissions.
From: forbes
URL: https://www.forbes.com/sites/brianroberts/2022/08/18/mike-tyson-has-ric-flair-back-to-work-already-with-new-cannabis-line/