Mike Tyson is building a marijuana ranch in California

Mike Tyson speaks during an interview with The Associated Press in Dubai United Arab Emirates. Former heavyweight champion Tyson is becoming a California marijuana entrepreneur

Tyson, known best for his boxing prowess, including becoming the youngest heavyweight champion in history, was fined $200,000 in 2000 after testing positive for marijuana.

He and business partners Robert Hickman and Jake Strommen broke ground December 20 on a 40-acre plot of land about 110 miles north of Los Angeles, according to the Associated Press.

The insider added: 'The marijuana community is tight-knit and he's happy to share his knowledge'.

Tyson's not the only one jumping on the pot bandwagon - notable cannabis enthusiast Snoop Dogg has partnered with fast food restaurant Jack in the Box to offer the Merry Munchie Meal.

The ranch will reportedly feature a plant supply store, an edibles factory, an extraction facility, an amphitheater and campgrounds. It has been used in the past to treat inflammatory ailments.

We're told the company that operates the ranch, Tyson Holistic, is comprised mainly of veterans, and says taking care of men and women who have served in the armed forces is a top priority. The 40-acre ranch is being built in California City, an area that's expecting a major boom now that recreational marijuana is legal.

It becomes the sixth USA state, and by far the most populous, venturing beyond legalized medical marijuana to permit the sale of cannabis products of all types to customers at least 21 years old.

In a video of the event, California City Mayor Jennifer Wood thanks Tyson for his commitment to the community, saying the industry will provide medical marijuana to people in need, revenue, jobs and income for residents.

The Tyson Ranch stands to make quite a fortune if current trends continue.



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