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Mike Tyson wants to print cannabis drinks

Published

6 years ago

20 July 2020 - Updated June 28, 2022

L’Mike Tyson's cannabis company, The Ranch Companies announced that it has acquired a Smart Cups license to print cannabis-based products. Smart Cups uses technology that prints a layer of microencapsulated, flavored active ingredients derived from natural products onto the bottom of a bioplastic cup. The consumer then adds the liquid, reducing shipping costs and allowing for precise dosage control.

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Chris Kanik, founder and CEO of Smart Cups, explained that the company uses «water-soluble cannabinoids» and is «able to print them precisely onto virtually any surface.» The cannabinoids are then released when they come into contact with a liquid.

Tyson said that Smart Cups technology will offer long-term benefits to consumers and help «people feel confident and understand the proper dosage.»

Rob Hickman, CEO of The Ranch Companies, described the dosing of cannabis-infused beverages as «one of the systemic problems plaguing» the cannabis industry.

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«We have partnered with leading research universities to collect critical clinical data on the CBD »for medical purposes and to relieve pain,« he said. »Smart Cups technology is a new way to consume cannabis that we believe will set new standards in this industry."

Hickman has declared that once federal regulations on CBD are in place, The Ranch Companies «will aim for nationwide distribution» of its Smart Cups product.

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Aurélien BERNARD

Aurélien founded Newsweed in 2015. Particularly interested in international regulations and the various cannabis markets, he also has an extensive knowledge of the plant and its uses.