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2x NBA Champion Isiah Thomas Made $3 Million Cannabis Investment in 2021, Joining Carmelo Anthony, Allen Iverson, and John Wall in Marijuana Business

Arjun Julka
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2x NBA Champion Isiah Thomas Made $3 Million Cannabis Investment in 2021, Joining Carmelo Anthony, Allen Iverson, and John Wall in Marijuana Business

NBA players and their tryst with marijuana are no secret. In the past, we’ve witnessed the likes of LeBron James, Kevin Durant, and Allen Iverson confess to smoking pot, with a few even advocating it. Amid the Bubble season, the league decided to remove w**d from its drug testing policy.

Nonetheless, smoking pot in the United States isn’t legal in all states, making it a bit of a confusing situation. NBA players being arrested on marijuana consumption or possession is no secret, the latest being the case of Iman Shumpert and Montrezl Harrell.

However, this hasn’t stopped players from pursuing their entrepreneurial aspirations in the cannabis business. In 2021, Pistons legend Isiah Thomas announced his entry into the cannabis industry, making a $3 million investment into One World Pharma Inc.

Also read: 6ft 7′ Montrezl Harrell escapes 5-year imprisonment on marijuana charges

The former Bad Boy Pistons member is one of the largest minority owners of the marijuana business in the United States, also earning him the CEO position in the company.

A look into Isiah Thomas’ Cannabis business proposition.

With the funds obtained from Zeke’s holding company Isiah International, One World Pharma hopes to build a THC and CBD extraction facility in Colombia and subsidize future growth.

In a report by Benzinga, Thomas explained that, after conducting an extensive analysis of the Colombian and global markets, he now believes “there is a tremendous opportunity” to build a valuable and ESG-compliant (environmental, social, and governance) company that is a significant player in the global cannabis and industrial hemp industry.

“There are few, if any, reliable, industrial scale, global supply chain companies in this space and we intend to be one. I am pleased to initiate this next chapter of growth,” the former Finals MVP added.

Zeke even dreams of making hemp cars in the future, making them environmentally friendly, and replacing plastic with industrial hemp.

NBA players in the marijuana business.

In 2021, Carmelo Anthony and John Wall helped the California-based w**d company LEUNE raise $5 million, which also included funding from NBA agent Rich Paul and Melo’s ex LA LA Anthony.

Sixers MVP and Hall of Famer Allen Iverson, who has a controversial history when it comes to smoking pot, joined hands with Al Harrington.

Also read: “It was bad… Could hear the people in the crowd calling me ‘weed head’”: Allen Iverson talks about Marijuana and how it’s consumption tainted his image

About the author

Arjun Julka

Arjun Julka

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Arjun Julka is a NBA author at The SportsRush. Basketball isn’t just a sport for this 26-year-old, who hails from Mumbai. He began watching the sport after stumbling upon a court in his society, helping him identify an undiscovered passion for the game of hoops. Now an ardent fan, Arjun supports Stephen Curry and the Warriors but also enjoys watching Giannis Antetokounmpo own the paint. When it comes to the GOAT debate, the TSR author feels LeBron James is yet to receive a lot of his due but cannot deny marveling at Michael Jordan’s resume.

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