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.
“As we researched hemp food products, the majority of it was as a base ingredient for shakes and smoothies,” says Dolgin. “We believe the next iteration of the hemp market is to go into snack foods, to give it wider penetration into households,” he says. “We’re looking at products like ice cream and beer. We already have a pretty broad product portfolio, and we want to get even more innovative.”
One company that’s paying attention to JD Farms is Whole Foods Market Inc. According to one of its senior global grocery buyers, David Lafferty, “shoppers are seeking out hemp products more than ever, thanks to both product innovation and the increased promotion of hemp’s nutritional benefits by food brands.” JD Farms has teamed with Satur Farms—the Long Island-based supplier of gourmet greens and vegetables—on a baby greens mix of kale and hemp that will be available at Whole Foods throughout the Northeast by the end of July. The salad’s sharp leaves are vaguely reminiscent of pot and have a similar sharp, almost minty flavor. Co-owner Paulette Satur describes the flavor as “lemony,” and is optimistic about the project. “We decided it fits in well with kale in terms of texture and its being chockablock with health benefits. And we’re the first to offer baby hemp leaves in the U.S., which is exciting.” Of the slight, physical resemblance hemp shares with pot leaves, Satur jokes, “Maybe this is a good way to get older kids to eat their vegetables.”
The man at the bottom always makes far less than the man at the top. The cool thing about MLM companies that carry products that work, and pay up to 85% like Hempworx, is the products sell themselves and I can climb to the top way faster than any other company like Target. McDonalds, Starbucks, Etc…..your business is only as great as the work or effort you put into it.
In 1937, federal prohibition of cannabis as we know it today began with the Marihuana Tax Act. Some believe that the anti-cannabis campaign was a joint effort by Andrew Mellon, William Randolph Hearst and Pierre Du Pont to protect their business interests in petrochemicals, paper, cotton and nylon, all of which faced serious competition from hemp alternatives. Others believe that the crusade against cannabis was fueled by racism and the desire to demonize Mexican immigrants. In either case, the plant should never have been outlawed.
HempWorx uses only industrial, GMO-free Kentucky hemp grown using organic methods under the 2014 Farm Bill and the Government Pilot Program for Hemp Research. The result is high potency and consistency in each compound processed via solvent-free CO2 extraction. They offer powerful, full spectrum oils as well as THC-free tinctures (Note that all HempWorx’s full spectrum oils fall at or below the federal allotment for THC levels). Each oil is available in two concentrations in cinnamon, peppermint, and natural flavors. No artificial colors or flavors are present in any of their offerings. The innovative topicals include high-end skincare varieties rich in healing properties. The powerful anti-aging cream treats wrinkles with 50 mg CBD, while their Revive cream includes other anti-agers like collagen and retinol. HempWorx’s pet line features dog treats that are soy-free, grain-free, and corn-free plus oil tinctures for pain/anxiety relief. One of their most popular products is the hemp-infused coffee, a delicious way to enjoy CBD benefits. And the best part is the CBD Keto Coffee Creamer that goes along with it! This savory addition is gluten-free, Keto, vegan, and sugar-free: a great way to add CBD to a daily health regimen in a tasty way.
Been using CBD oil from HW for 6 months now and I feel ALIVE HAPPY it's un describable how great I feel and even though lots of stressful situations happened lately I was able to control my mood, anxiety, my pain has noticeably diminished (I get a only a few hours per month of pain now and when that happens I use the Relief cream that works wonders!! I noticed my skin has improved and I sleep longer then ever before!
This is the worst company I have dealt with they take weeks to ship I set up for auto ship and on my third month after 10 days it's still had not been shipped after I contacted them they said they did not have my unit number in the address they sent me it was right there so when I asked him to send a complimentary bottle to make up for the weeks I've had to wait in between orders they said they don't do that I said cancel my auto-ship and refund my credit card they don't do that they said I have to wait till I receive the product and send it back and apply for a refund I could not recommend this company to anyone although I think the product is good but it does defeat the purpose if you're waiting weeks in between running out
Experts expect the market for CBD to balloon if and when the farm bill passes, which could happen this month. That means the biggest challenge for Green Roads is yet to come. "I'm not worried about the companies that are in the market today, I'm worried about big companies," Barroso says. "We can't compete with those guys. I think about it every day."
Overall, based on my personal HempWorx CBD oil review I would probably recommend HempWorx for people who have been (or plan on) using CBD as a routine daily treatment. Their 750 CBD oil was pretty effective for may anxiety and panic attacks, and it definitely helped me get to sleep in the evenings where I was having more intense episodes than normal.