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UFC heavyweight lands endorsement from billion dollar cannabis fund

UFC heavyweight Aleksei Oleinik (52-12-1) is set to fight Walt Harris at UFC on ESPN 4 on July 20th in San Antonio, TX. The 41-year-old Russian goes into the fight off a loss to Alistair Overeem in April that dropped his overall UFC record to 6-3.

The Harris fight is the first bout for Oleinik since he signed an endorsement deal with an organization worth upwards of a hundreds of millions of dollars. That org’s prime interest is something the UFC’s drug-testing partner does not want anywhere near the sport: cannabis.

ETF Managers Group LLC (ETFMG) is the entity that signed the deal with the Boa Constrictor.