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_mike-tyson-on-taking-a-bite-out-of-the-cannabis-industry-124-forbes.webp "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.")
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_walmart-reverses-course-closes-down-its-walmart-health-division.webp "Walmart Reverses Course, , Closes Down Its , Walmart Health Division.<br/>NBC reports that Walmart has announced <br/>it will close all 52 of the doctor-staffed <br/>health clinics the company operates.<br/>The announcement comes as <br/>part of the company's decision to<br/>shut down its Walmart Health Initiative.<br/>Clinics that will close down are located in <br/>Arkansas, Florida, Georgia, Illinois and Texas. .<br/>On April 30, the company also said it would <br/>begin winding down its virtual care service.<br/>The decision to end the Walmart Health Initiative <br/>will not reportedly impact Walmart <br/>pharmacies and vision centers.<br/>Walmart said that it will work to direct current patients <br/>to other providers covered by their insurance <br/>networks to ensure they continue to receive care.<br/>NBC reports that the news comes as a swift <br/>reversal of Walmart's plan to expand its number <br/>of doctor-staffed clinics to 70 by the end of 2024.<br/>Through our experience managing <br/>Walmart Health centers and <br/>Walmart Health Virtual Care, <br/>we determined there is <br/>not a sustainable business <br/>model for us to continue, Walmart statement, via NBC.<br/>Other nontraditional health care <br/>providers have also been forced to <br/>reconsider their plans in recent years. .<br/>Last month, Walgreens announced that it would <br/>close 140 of the company's primary care clinics, <br/>along with plans to shut down 20 more.")
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