Mike Tyson files $50M lawsuit, accuses Chicago marijuana company of defrauding him: Court records

OG article by abc7chicago

January 5, 2026

Legendary boxer Mike Tyson has filed a $50 million lawsuit against Chicago-based marijuana branding company Carma, alleging widespread fraud through kickback schemes, unauthorized executive bonuses, and extravagant personal expenditures. Court records reviewed by ABC7 Chicago detail claims that these practices caused tens of millions in losses for Tyson and other plaintiffs.

Attorneys for Tyson's former partners have strongly denied any wrongdoing in response to the accusations. The lawsuit highlights significant financial disputes within the cannabis branding partnership involving the high-profile athlete.

Limited details from the court filings were immediately available, but the case underscores ongoing legal challenges in the intersecting worlds of celebrity endorsements and the marijuana industry. The action was reported from Chicago, where Carma is headquartered.