Mike Tyson is serious about his marijuana business. Recently the former heavyweight champion and celebrated boxer spoke of his plans of putting a cannabis farm in the Carribbean. 

The 53-year-old marijuana advocate said that he's interested in putting up the farms in Antigua and Barbuda, along with a luxury hotel and golf course for guests. 

He said that the venture "will be good for the country [Carribean] and will bring in much-needed funds to help the nation's economy." Guests that will be visiting his estate are allowed to use the cannabis products during their stay. 

Mike Tyson Former professional boxer Mike Tyson poses before receiving the Sportel Special Prize Autobiography for his book "Undisputed Truth: My Autobiography" during the Golden Podium Awards at the Sportel in Monte Carlo, Oct. 8, 2014. Photo: Reuters/Eric Gaillard

Tyson has already met with Gaston Browne, the prime minister of Antigua and Barbuda, regarding the said project. The former undisputed champ said that he has already discussed plans for an annual cannabis conference starting in April next year. 

Browne said that the yearly event "will be like the Davos of cannabis." The conference will annually bring in stakeholders from throughout the world to discuss opportunities within the marijuana industry. 

Two devastating hurricanes hit Antigua and Barbuda in 2017. The island country has slowly recovered from the natural disaster and Tyson's venture could further help the tourism industry in the state. 

Tyson recently launched a cannabis farm in California after the drug was legalized in the state. The 40-acre cannabis ranch next to Death Valley has been gaining interest from cannabis advocates. 

The Brownsville, New York, native recently trended around the world after he shared on a podcast that he smokes $40k worth of cannabis a month. 

His co-host Eben Britton jokingly said that Tyson smokes a ton of weed on the ranch. On the podcast, Mike said that his business is selling around $500,000 of cannabis products a month. 

His farm also supplies dispensaries in Nevada and California. Tyson has previously said that he plans to expand his marijuana empire around the world.