First, as I mentioned above, CBD products are technically still illegal in many areas, or they at least require a prescription for you to be able to possess them. Sadly, many people believe that it is legal to possess CBD products anywhere because they are made from hemp and contain little to no THC. Not only that, but HempWorx claims that it’s 100% legal to own these products anywhere. What they may not tell you however, is that just recently they stopped selling their products to people living in Canada. As this news article confirms, HempWorx claimed that it was 100% legal to use and possess their products in Canada, but after a government investigation, they quickly stopped selling their products to Canadians.
The final concern to address - was the market high growth with not much competition or was it slow growth with a lot of competition or somewhere in between? This was easy and compelling to determine. One look at Google trends showed the clear demand for these products seen in graph below. Another credible source, Forbes, predicts growth of the cannabis industry to be over 700% by 2020 - in fact, no other industry is growing faster. I also looked at the competition and compared the quality of products, their pricing, marketing, etc. and found that HempWorx was a clear leader. But what about competition - was it saturated or was their room to get in and make it work? Using a variety of metric tools, I figured out that it was definitely still quite early to be venturing into this market and the opportunity for growth without a lot of competition will be available for quite some time.
Vape pens produce little smoke and are easy to transport and use—plus they can easily go undetected. But the concentrated oils used in vape pens of CBD might contain a solvent called propylene glycol. When burned at high temperatures, propylene glycol can degrade into formaldehyde, a chemical that can irritate the nose and eyes and could increase the risk of asthma and cancer. To avoid this problem, consider CBD vape pens that advertise “solvent-free oils.”
So being a sufferer of Chronic pain I was led to Hempworx. And to be fair, it did help alliviate some pain, help with anxiety, heal cuts faster and aid in digestion issues. However, the zero thc is an out and out lie. When I went to the pain doctor I was told that I tested positive for marijuana an I haven’t touched it in 19 years! The first thing he asked was if I took cbd oil. Yes Hempworx and they claimed to be THC free. Well they lied. So now I get treated like I am breaking the law? Luckily they said no big deal, stop taking it. They led me to a prescription strength cbd oil. We will see the results
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.
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HempWorx has created the World’s PUREST form of CBD Oil products. 100% completely safe and effective to use, with no known side affects. HempWorx is the go-to product, trusted by practitoners and health professionals around the globe. Additionally, Hemp Worx uses the purest, and most potent, ingredients backed by loads of clinical data testing and analysis. All certifications are posted for public viewing.
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.
So if you want a product that probably has a little THC but not so much to get you high, look for one made from hemp. Such products have the added benefit of being widely available, including online and in retail stores. (Note that while Boyar and other experts say that CBD products should also include THC levels on their labels, many made from hemp don’t. For that, you need to check a product’s test results, if they are available; see number 4, below.)
Hemp seeds may very well be the world’s first, and perhaps, best superfood. They provide up to 75 percent more protein than a similar amount of flax or chia seeds and contain all 20 amino acids. They’re filled with healthy fatty acids including omega-3 and omega-6. They’re also high in fiber, iron, phosphorus, potassium, calcium, zinc, vitamin E and magnesium -- basically everything you need for a nutritious meal or snack.
We offer "70% ready to go" professional cannabis (incl. hemp) business plan templates, including pro forma financials with projections to answer the fundamental, and critical questions of how much money it will take to start your cannabis business and how much your 100% legally compliant cannabis business will make. We also have a range of cannabis pitch deck templates.
As a result, customers can now be confident that most companies out there are pretty legitimate in terms of the overall safety of their products. However, you should still keep your eyes peeled and do as much research as possible, as a lot of brands are still selling non-therapeutic hemp seed oils as “CBD oils,” when in fact they contain very little of the active compound at all.