Tyson 2.0 and Ric Flair Drip said Thursday they expect their combined revenue to climb to $160 million in fiscal 2023 from $50 million in 2022. The privately-held cannabis company co-founded b ex-boxer Mike Tyson also said it's setting up a new parent company called Carma Holdings LLC to house Tyson 2.0 as well as Ric Flair Drip, the cannabis line from pro wrestler Ric Flair. Chad Bronstein, who is co-founder and president of Tyson 2.0, will be chairman of Carma Holdings. "Carma aims to reinvent how celebrity and cannabis intersect," Bronstein said. Tyson 2.0 and Ric Flair Drip products are currently sold at more than 1,000 retailers in 40 states and select provinces in Canada through retail partners including Columbia Care Inc. , Verano Holdings and Hexo Corp. , TYSON 2.0 and Ric Flair Drip products are now sold at more than 1,000 retailers across 40 states and select provinces in Canada.
(END) Dow Jones Newswires
November 10, 2022 09:47 ET (14:47 GMT)
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