Matthew Wielenga

entrepreneur

Matthew Wielenga, known as King Kronic, is a former entrepreneur from New Zealand who gained notoriety for his involvement in the synthetic cannabis market. His products, particularly Kronic, were highly successful during the peak of New Zealand's legal high industry, reportedly earning him up to $700,000 a month. However, after the market collapsed in 2011 due to health concerns and regulatory changes, Wielenga faced legal challenges. He was arrested in the United States for conspiracy to distribute synthetic cannabis and sentenced to over four years in prison. Recently released, he is now navigating a new chapter of his life while managing a substantial property portfolio valued at around $40 million.