The Hemp Industries Association (HIA) reported total U.S. retail sales of hemp products of nearly $700 million in 2016. HIA claims that U.S. hemp retail sales have grown by about 10% to more than 20% annually since 2011. Mostly, this growth is attributable to sales of hemp-based care products, supplements, and foods. Together, these categories accounted for more than two-thirds of the value of U.S. retail sales in 2016.
Hempworx CBD oil herbal drops has a nice webpage. However, immediately you run into confusion about what is being sold, a confusion that works in their favor. Most people don’t know the difference between CBD, CBD oil, and hemp oil. Hempworx’s front page contains the visual above which shows the benefits of CBD. Most consumers will assume from this that they product being sold is CBD oil. Much of it is CBD with verified levels, but some of the products contain hemp oil instead. These are clearly labeled, so it’s on the consumer to read and interpret the product labels.
That is an amazing testimonial of what Hempworx can do! I lost my grandmother to Dementia 5 years ago, and I can tell you firsthand that it is one of the most heartbreaking diseases to lose someone to. If CBD Oil would have been commercially available the way it is today then I would have definitely given it a try…even if it meant that I would only get my grandmother back for a short period of time. I miss her so much 😥
San Francisco-based tech company Eaze launched a new online marketplace, Eaze Wellness, to ship hemp-derived CBD products to 41 states across the U.S. and the District of Columbia. CBD sales more than doubled among the company’s customers last year, Sheena Shiravi, Eaze’s director of consumer communications, told Fortune, highlighting a key business opportunity. This marks the company’s […]
Although the HempWorx ‘About Us’ page is filled with excellent information on the history of CBD, there is unfortunately little data about the actual organization itself. We did learn, however, that they use “special” supercritical technology that extracts over 400 phytonutrients from the raw hemp material, and that they don’t use any harmful solvents or heat, which is of course a good thing.