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‘Magic Mike’ Channing Tatum and Wife Jenna Dewan Divorce: Split Net Worth After Cocaine Use Admission [NEWS UPDATE]

As bi-sexual stripper Channing Tatum makes the round supporting his upcoming Magic Mike XXL sequel, he is setting the record straight about a few things. According to the gossip news updates, Channing is a formerly drug addicted alcoholic that is divorcing his Witches of East End wife, Jenna Dewan, so he can continue habitually cheating and partying, while the lawyers figure out how best to split the 22 Jump Street star's multi-million dollar net worth. Channing claims that he and Jenna are not even fighting, and he has never been addicted to anything in his life. Tatum admits to trying cocaine a couple of times, but explained he was just experimenting a little after his stripping career was over. And as far as his remarks from earlier this year about him being a "functioning alcoholic"--Channing says he just meant that sometimes he can go to extremes.

Despite all the crazy tabloid reports from the past year, Channing Tatum swears that he has his stuff together far better than everyone has been led to believe.

During a recent interview with E! News, Channing claimed that any reports about him breaking up with his wife, Jenna Dewan, are absolutely as fabricated as his Magic Mike storylines:

"It's all bulls--t. These people just [make it up].

"Some of our family members don't see [it's not true], and they read a stupid thing and don't understand it's a tabloid."

Tatum also explained to the Hollywood Reporter recently that the reports about him being a drug addict when he was stripper are a bit blown as well:

"I wouldn't say I was losing myself in drugs because I wasn't doing anything habitually...Just experimenting.

"Experimenting, I would say. Never the big ones-- crack or heroin. I never OD'd or anything...Never.

"Maybe [cocaine] a couple times, but that was later."

And while he did admit to the Reporter that alcohol was and has always been his real drug of choice, Channing says his comments in GQ about being a "functioning alcoholic" took on a different meaning than he originally intended:

"It was something said that wasn't meant to be factual. It was said in context with the glutton side of myself.

"I'm constantly a flip-and-flop of extremes...All I meant was that I do things in extreme."

Fair enough...but let's not pretend that the term "functioning alcoholic" can ever really be taken out of context.

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