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Despite his retirement, which came three decades ago, Isiah Thomas has made a fortune of $100 million. “You have to work together collectively to make something happen in terms of vision and goal,” he conveys. That seems to have shined through with the recent success of one of his ventures. But the Detroit Pistons legend isn’t satisfied yet.

Taking to his Instagram on Sunday, Isiah Thomas shared a new step for his cannabis company. “Thank you, @jb_young @forbes @cheurlin1788, and my company, One World Products, now publically traded on the OTC,” he wrote. But he also let people know he isn’t stopping just yet. “My vision and goal is to one day uplift OWPC to the @nasdaq. There is a lot of work ahead.”

The leader of the ‘Bad Boys’ is the CEO and chairman of an investment holding company and has five companies to his name. One of them is One World Products, which currently has a market cap of $2.11 million as of December 6, 2024. As per Stock Analysis.com, the market cap has decreased by -59.23% in one year. But with the recent update from Zeke, he surely would have new plans in mind.

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It was last year when the company signed an exclusive collaboration. As per Bezinga.com, OWP announced an exclusive collaboration with Smokiez Edibles. This allowed OWP to be the sole producer and distributor of Smokiez Edibles in Colombian territory. Even the 12x All-Star was happy about the collaboration. “Smokiez’s unparalleled reputation for their vegan edibles is precisely the kind of innovation we want to introduce to our markets,” he had said.

Isiah Thomas is certainly treading well in the business world. But when talking about the same with Forbes senior writer Jabari Young last month, fans thought there was a cause for concern.

 

 

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Is Isiah Thomas's cannabis venture a game-changer, or is he facing an uphill battle?

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When fans saw that interview of the former point guard, they noticed lips appeared asymmetrical. Not only that, a distinct lopsidedness was evident when speaking or attempting to lick his lips. Since the 63-year-old hasn’t addressed it, for now, there musn’t be much to worry much. Speaking of which, it was the health concerns in his family that would stem his ventures into cannabis.

Isiah Thomas wants to be a part of the change

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Zeke took over as the CEO and Vice President of Chairman of the Board of Directors of One World Products (then One World Pharma) four years ago. It was yet another feather to his existing portfolio at Isiah International Inc., which included cannabis oil and CBD companies among others. With the new role, Thomas would go on to lead the largest Black-controlled, fully-licensed cannabis and hemp producer in Colombia, as reported in 2021.

The interest in the industry, the Pistons legend reveals, stemmed from the struggles of his own family. Thomas lost a brother and both his parents to cancer. And the reason, “And I remember, at the end, all of them were struggling with their appetite,” Thomas had recalled talking to Forbes. But when his mother was struggling with appetite, it was cannabis that she was described. Though it was cast aside, Thomas was introduced to its impact now and in future with excess developments. “I want to be a part of that,” he said.

Well, Zeke seems to be heading in the right direction and he credits his ‘celebrity’ status for giving him a kick start. In the recent Forbes interview, he explained how players could invite certain CEOs from the respective cities, where the players play to gain a bit of an insight into the workings.

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Invite them to the game, have lunch with them, and see if they give you some advice. That’s what I did, you know, for years in the NBA. So when I got out of the NBA, I had an ‘advisor’ reward, so to speak. And while you’re playing, you know your ‘celebrity’ it gives you access.” Miami Heat legend, Dwyane Wade, approved of it with “This. @isiahthomas 🫡” and Thomas’ recent success speaks no less.

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Is Isiah Thomas's cannabis venture a game-changer, or is he facing an uphill battle?