CBD’s meteoric rise in popularity has hemp growers finding all kinds of market opportunities that don’t exist for THC products, including yoga studios, pet boutiques, gyms and coffee shops – all foreign territory for marijuana-derived products. One Kentucky hemp producer even has CBD products being sold in tractor supply stores; a North Carolina CBD company has […]
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Hemp oil is quickly becoming a commonly used ingredient in many cosmetics such as body lotions, soaps and shampoos. Even modest daily usage of hemp oil, whether it is ingested or applied to the skin, has been shown to lead to improvements in skin quality, stronger fingernails and even thicker hair. Hemp oil that is full of cannabidiol (CBD), a cannabinoid with neuroprotectant, antioxidant and other therapeutic qualities, generated $130 million in sales in 2016 and is projected to reach $350 million by 2020.
Should any legal disputes arise between a distributor and the company, proceedings shall take place in Dallas, Texas, where the matter will be resolved by “mandatory, final, binding, nonappealable arbitration.” However, if the distributor wins, it won’t be a great victory as damages are “limited to the amount of products [he or she] has purchased from the company that are in resalable condition.”
Cannabidiol (CBD) is one of the numerous compounds found in the cannabis plant. CBD oil can be obtained from two different species of cannabinoids: marijuana and hemp, which come from the same plant species called Cannabis sativa. Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) concentration, while marijuana-derived CBD oil products have a relatively high concentration of THC. Therefor, marijuana-based CBD products can be used only when they are prescribed by doctors while hemp-based CBD oils do not normally require a prescription.
5. Is it true that Hempworx CBD oil doesn’t contain fillers? No. This is a favorite claim of Hempworx sellers. They often try to steer people away from other brands that they save have “fillers.” The truth is that Hempworx has a carrier oil just like other CBD oil tinctures. Hempworx happens to use hemp seed oil as its carrier oil. Other brands use a variety of carrier oils, most commonly either hemp seed oil, coconut oil or MCT oil. The claim that using hemp seed oil as the carrier oil makes the product more “pure” is bogus.
First off, hemp seed oil is oil extracted from hemp seeds. It contains very little CBD and is not commonly used as a source for CBD since the rest of the plant contains much more CBD. The claim to have a ‘full spectrum CBD’ is very strange wording. CBD stands for cannabidiol. It is a single chemical, a single cannabinoid, so it cannot be ‘full spectrum’ because it contains no other ingredients. This could be merely bad writing, or could indicate attempt to confound either consumers, or more likely sellers. The ingredients listed say hemp seed oil, CBD rich whole hemp extract, and flavoring. There’s no list of just ‘CBD’ alone. However, on the certificate of analysis provided by the organization, the percent of CBD comes out correct. From this we conclude that the ‘phytocannabinoid extract’ is indeed all of the cannabinoids together, but that more than 160% of that is comprised of CBD. Therefore, we can fairly well trust that this product does in fact contain the stated level of CBD, despite the confusing wording.
Hemp Business Journal has also reviewed sales of clothing, auto parts, building materials and various other products, and estimates the total retail value of hemp products sold in the U.S. in 2017 to be at least $820 million, including hemp foods (17%); personal care products (22%); textiles (13%); supplements (5%); hemp derived cannabidiol or CBD products (23%), consumer textiles (13%); industrial applications (18%); and other products such as paper and building materials accounted for the remaining 2% of the market.
The are no guarantees regarding the income from the MyDailyChoice/HempWorx opportunity. The success or failure of each Affiliate, like in any other business, depends upon each Affiliates’ skillset and personal effort. Earning levels for Independent Affiliates are examples and should not be construed as typical or average. Income level achievements are dependent upon the individual Affiliates business skills, personal ambition, time, commitment, activity, and demographic factors.
The statements made regarding these products have not been evaluated by the Food and Drug Administration. The efficacy of these products has not been confirmed by FDA-approved research. These products are not intended to diagnose, treat, cure or prevent any disease. All information presented here is not meant as a substitute for or alternative to information from health care practitioners. Please consult your health care professional about potential interactions or other possible complications before using any product.
Very confused why my bottle does not have a batch number on it so that i can look up the certificate of testing? the person who sold me it said i could check lab testing and i can’t. this is false advertising. doesn’t seem right. on further looking it is an MLM company which makes you think how much the product is really worth if you are paying all the people at different levels. you pay the person who sold it to you and the people above them in the triangle. would rather not. i’m in scotland and over here cbd is now available lots of places. the high street versions aren’t very good. but i don’t want to support an mlm like this so I keep looking. i was drawn in by someone on facebook selling so be aware and be careful!