From Knockouts to Cannabis: Mike Tyson Accepts New Role as CEO of Carma HoldCo Following Jake Paul Defeat

A Career Reinvented—Mike Tyson’s Surprising New Chapter Post-Ring

Five months after stepping back into the ring for one of the most highly publicized (and controversial) boxing matches in recent memory, Mike Tyson is once again in the spotlight—but this time, for something entirely different. The 58-year-old former heavyweight champion, who faced YouTube star-turned-boxer Jake Paul in a blockbuster bout in Texas, has traded his gloves for green.

Tyson has been officially named the CEO of Carma HoldCo, a Las Vegas-based cannabis company he co-founded. The move marks a significant pivot for the former champ, signaling his continued evolution from sports icon to savvy businessman and wellness advocate.

“I am fully committed to this role,” Tyson said in a statement following the announcement. “This isn’t just a brand—this is my passion and my future.”

The appointment raises eyebrows and expectations alike, especially following Tyson’s recent return to the ring—a match that drew 70,000 spectators but ended in a disappointing loss. While critics questioned his decision to fight at his age, others admired his grit and resilience. Now, Tyson appears to be channelling that same energy into an industry that aligns with both his personal journey and business ambitions.

Let’s dive into what this career shift means for Tyson, the cannabis industry, and the ever-blurring lines between celebrity, wellness, and entrepreneurship.

The Rise, Fall, and Rise Again of ‘Iron Mike’

Before discussing Tyson’s current venture, it’s important to understand the complex tapestry of his public life. Few athletes have experienced such dizzying highs and crushing lows as Mike Tyson. From becoming the youngest heavyweight champion in history at age 20 to facing prison time, personal turmoil, and bankruptcy, Tyson’s life has played out like a Hollywood drama—raw, riveting, and often tragic.

But Tyson is nothing if not a fighter. Over the past decade, he’s engineered a remarkable turnaround, winning back public affection through candid interviews, self-deprecating humor, and openness about his struggles with mental health and substance abuse. His one-man show, Undisputed Truth, and his widely downloaded podcast, Hotboxin’ with Mike Tyson, reveal a man far more layered than the fearsome brawler once feared across the globe.

And now, his next act: CEO of a company in one of the fastest-growing—and most competitive—industries in America.

Carma HoldCo: Tyson’s Cannabis Empire Grows

Carma HoldCo isn’t just a vanity project or celebrity-endorsed sideline—it’s a bold business move in an industry that Tyson has already been involved in for years. Through previous ventures like Tyson 2.0, he’s been a vocal supporter of the cannabis movement, touting its benefits for pain relief, stress reduction, and mental clarity.

With Carma HoldCo, Tyson is stepping deeper into executive leadership, guiding the company’s strategy, brand development, and wellness initiatives. The company’s portfolio already includes a growing range of cannabis products, from THC-infused edibles and pre-rolls to CBD-based wellness products.

The branding of Carma HoldCo is said to reflect Tyson’s own life journey: resilience, rebirth, and personal empowerment. In many ways, it mirrors the narrative Tyson has cultivated since his turbulent youth and the chaos of his early fame.

“I believe cannabis can change lives. It changed mine,” Tyson has said in previous interviews. “It helped me find peace after decades of chaos.”

Why the Cannabis Industry Makes Sense for Tyson

The cannabis industry has undergone a seismic shift in recent years, evolving from taboo to mainstream. With legalization spreading across U.S. states and countries worldwide, it’s becoming a multi-billion-dollar business with increasing legitimacy and cultural influence.

Tyson, who has long advocated for cannabis as a therapeutic alternative, is uniquely positioned to lead in this space. He brings credibility not just as a celebrity, but as a user who has seen tangible benefits.

Tyson has often shared how cannabis helped him deal with post-fight injuries, anxiety, and past addictions. It’s become part of his daily wellness routine and a key pillar of his public image.

Moreover, the crossover between fitness, wellness, and cannabis is growing. Athletes from the NFL, NBA, and UFC have all entered the market either as advocates, entrepreneurs, or investors. Tyson’s status as a former world champion and comeback icon lends a level of authenticity that resonates in a market increasingly wary of corporate greenwashing.

The Jake Paul Fight: A Catalyst or an Epilogue?

Tyson’s return to the ring in his high-profile bout with Jake Paul was met with a mixed bag of emotions. Some were excited to see the legendary fighter back in action, while others raised concerns about safety and spectacle.

The fight, held in front of a packed crowd in Texas and streamed to millions, was undeniably a commercial success. But the result—a loss for Tyson—left a lingering question: why return at all?

In retrospect, the fight now seems like a closing chapter. For Tyson, who admitted to enjoying the training more than the fight itself, the event may have served as a final test of his physical limits—and a gateway to what comes next.

“It was about proving to myself that I still had something left,” Tyson said in a post-fight interview. “Now it’s time to put that energy into building something lasting.”

And that “something lasting” may very well be Carma HoldCo.

Public and Industry Reactions: Mixed But Intrigued

Initial reactions to Tyson’s CEO appointment have ranged from enthusiastic to skeptical. Fans see it as a natural next step for a man who’s defied expectations his entire life. Industry insiders, however, wonder how hands-on Tyson will be in the day-to-day operations of Carma HoldCo.

Yet even sceptics admit that Tyson brings something valuable to the table: attention. In a crowded cannabis market, brand visibility can make or break a product. Tyson’s name recognition, combined with his candidness and lived experience, gives Carma HoldCo an edge that no amount of marketing spend can replicate.

Some observers have also noted the symbolic weight of Tyson’s involvement. A man once viewed as dangerous and unstable is now promoting healing and wellness—a powerful transformation that mirrors the cannabis industry’s shift from stigma to acceptance.

What’s Next for Tyson—and the Cannabis Space?

Mike Tyson’s pivot to CEO may be the most unexpected twist yet in a life full of surprises. But it also makes a certain kind of sense. For a man who has always fought for control of his body, his mind, his legacy—this new role represents something rare: stability.

He’s not just endorsing a product. He’s shaping a company, mentoring young talent, and investing in an industry that could redefine pain management and wellness for millions.

As for Carma HoldCo, the company is reportedly planning to expand nationally, with product launches, licensing agreements, and potentially international reach on the horizon. Tyson’s leadership will be closely watched—not just for business success, but as a case study in how a troubled past can become a powerful foundation for a purposeful future.

More Than a Job—It’s Redemption in Real Time

Mike Tyson’s new role as CEO of Carma HoldCo isn’t just a headline—it’s a statement. It says that evolution is possible, that legacy can be rewritten, and that even in the twilight of a legendary career, new beginnings await.

From the roar of the crowd in Texas to the quiet focus of the boardroom in Las Vegas, Tyson’s journey continues to defy convention. He’s no longer just fighting opponents—he’s fighting for wellness, awareness, and a meaningful second act.

One thing’s for certain: this time, Mike Tyson isn’t pulling any punches.

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