Trump's team is looking at moving marijuana to a less restricted drug category. This change could make it easier for cannabis businesses to operate and get tax breaks. The Wall Street Journal reported that Trump is considering this move after the Biden Administration couldn't make it happen before leaving office in January.
Tyson, who's been a Trump fan for a while and went to his inauguration after the 2024 election, is all for this idea. He posted on social media, "We are with you 100%, [Donald Trump]."
The cannabis industry is pushing hard for this change. They even held a $1 million-per-plate fundraiser at Trump's New Jersey golf club to try and convince him to reclassify marijuana as a Schedule III drug. This would make life a lot easier for people who grow and sell cannabis.
But not everyone's happy about this. Groups like Smart Approaches to Marijuana and Community Anti-Drug Coalitions of America are fighting back. Kevin Sabet from Smart Approaches to Marijuana said on Fox News, "It doesn't help America. It doesn't help our youth, our competitiveness, job prospects, it doesn't help people go to work."
Trump hasn't made up his mind yet. But if he does go through with it, it could be great news for Tyson's company, Tyson 2.0. Tyson started this business in 2021 with Rob Hickman and Adam Wilks, selling all kinds of cannabis products that are meant to be good quality but not too expensive.
Tyson's not shy about using marijuana himself. He told Fox News Digital in July 2025, "Some of us can't live, can't function without it." This was a few months after he lost a fight to Jake Paul at AT&T; Stadium in Texas.
In other Tyson news, he recently shared his thoughts on boxing's most intimidating presence. Surprisingly, he didn't pick himself. Instead, he said Sonny Liston was the "scariest fighter that ever lived."
Liston had a reputation for being tough both in and out of the ring. There are stories about him knocking out multiple police officers. In the boxing world, he won 50 out of 54 fights, with 39 knockouts. He became the undisputed heavyweight champion in 1962 when he beat Floyd Patterson in the first round. But he's also known for losing to Muhammad Ali.
About 16% of adults in the U.S. use marijuana regularly. If Trump does reclassify it, that number, along with Tyson's business, might just go up.