Tyson 2.0 Acquires Majority Stake in Ric Flair Drip, Inc.

March 24, 2022

Tyson 2.0 has acquired a majority stake in Ric Flair Drip, Inc., giving the Mike Tyson-led cannabis company control of Ric Flair’s trademarks and IP to launch cannabis flower and edible products under the Ric Flair brand. The deal expands Tyson 2.0’s celebrity-led “house of brands” strategy and positions the company to roll out Ric Flair–branded products through its existing retail and multi-state operator partnerships.

Buyers
Tyson 2.0
Targets
Ric Flair Drip, Inc.
Sellers
Ric Flair
Location
North Carolina, United States
Transaction Type
Buyout

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