Online business opportunities come and go every day with the most popular ones following trends in society. One example of this, is a company that has recently come into light called HempWorx. Is HempWorx a legitimate company to do business with, can you really make money with their products and services or is this one that you should be avoiding for better opportunities?
The latest trend in the market is growing influence of online retailing for both business-to-consumer (B2C) and business-to-business (B2B) operations. The increasing popularity of e-commerce businesses worldwide has granted vendors with an opportunity to enhance their profit margins and revenues. E-commerce reported for nearly 15% of the global retail sales in 2017.
Legalization removes these barriers and is expected to provide a boost to the U.S. hemp industry, which was previously on track to grow to a $2 billion market by 2022 prior to the Farm Bill's passage. According to the Brightfield Group, though, legalization would result in a $22 billion hemp-derived CBD market by 2022, which excludes the many other types of hemp-derived products on the market. To put that in perspective, the entire domestic cannabis industry (which includes not just hemp, but also cannabis and all its derivative products) was projected to stimulate $23.4 billion in consumer spending by 2022. That means if the Brightfield Group's estimates are accurate, hemp-derived CBD alone could double the projected market value of the entire cannabis industry.
Hemp imports to the United States – consisting of hemp seeds and fibers often used as inputs for use in further manufacturing – totaled $67.3 million in 2017, 57% decrease in seed imports from 2017, and the first half of 2018 puts the import market on pace for a 20% decrease. This descending trend is expected to continue as the U.S. hemp market continues to mature.
Of course, the first thing to consider is why you want to take CBD. Though it’s being touted for numerous possible health benefits—and some preliminary research suggests it might help with everything from pain and anxiety to multiple sclerosis and opioid addiction—for now it’s clearly proved to help treat only two rare, but devastating, forms of epilepsy. (Read more about the safe use of CBD.)
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.
Cannabidiol (CBD) is a cannabis compound that has been known for it’s significant medicinal benefits. Hempworx Oil does not make you “HIGH” it makes you healthy. This makes HempWorx the option of choice for many people seeking relief from a host of medical issues. Hemp CBD does not make you high…it makes you healthy! No psychoactivity or known side affects (since HempWorx CBD Oil contains virtually Zero THC 0.03%)
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.
Due to the unique way that the eBusinessPages Business Directory is structured a Premium + Verified Listing is the most powerful way to get more clients to contact Hempworx Affiliate. Not only will your listing be more noticeable and more trustworthy, it will also be displayed more prominently in our category (Oil Well Testing and Parent Categories) and location (Lewiston, ID and USA Wide) listings. Hempworx Affiliate will be displayed in your competitor's listings while no ads will be shown in your own listing.
If the thought of recruiting people sounds too involved and time-consuming, you might want to consider Wealthy Affiliate which allows you to build a business without having to recruit people. If you're just looking to make extra income, you might also want to look at other sites like InboxDollars.com, Fusion Cash, SurveyJunkie.com & Swagbucks.com. They also don't require you to recruit people to make money.
While distributors have proclaimed HempWorx’s cannabis products as “legal in all 50 states,” and Josh Zwagil has said that it’s “100 percent legal” to ship them across state lines (more on this in the next section), the contract advises that distributors nevertheless “consult with an attorney regarding the extent of their personal legal liability with respect to their independent businesses,” noting that “laws differ according to jurisdiction.”
Cannabidiol (CBD) is just one of over 85 cannabinoids that is identified in the cannabis plant. CBD is becoming increasingly popular amongst the masses for having a wide scope of medicinal benefits – due to clinical reports and mounds of test data showing little to no side effects and a lack of psychoactivity (typically associated with marijuana products and high THC).
Affiliate Disclosure: On this site, we may include links to products and services that we may earn an affiliate commission from if you make a purchase. We’ve created this blog to help educate you on the possibilities that exist for improving your quality of life with HempWorx and My Daily Choice, and these commissions help fund the blog so we can continue on this mission.
I bought the 500 mg bottle from reps Paul and Tara. They said it was the best thing since sliced bread and that it was perfectly legal. So I started taking it daily. But saw no results. I told Tara that it is was not working. Upon her recommendation, I then bought stronger 750 mg. Still nothing. I was told to keep taking it. It will work eventually.
In states that have only legalized the medical, not recreational, use of marijuana, testing is less consistent, Boyar says. Several states—including Connecticut, Delaware, Hawaii, Florida, Illinois, Maryland, Minnesota, New Hampshire, New Jersey, New Mexico, and New York—do require some testing of products, according to the National Cannabis Industry Association. But others don’t, including Arizona and Michigan.
Hempworx is a dietary supplement and contains industrial hemp extract derive ROM the stalks and stems of the hemp plant, which delivers healthfu enefits, without the psychoactive or high" effect associated with this typ f botanical. Some Health Benefits of Hemp Oil - Pain Relief - Reduce nflammation - Reduced Anxiety - Improved Sleep - Digestive Health - Hear ealth - And much more! This and so many other benefits is why you shoul rder from Hempworx today! see more...
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.
With the signing of the 2018 Farm Bill, however, that is all about to change. Hemp legalization was first introduced by Senate Majority Leader Mitch McConnell, a Republican from industrial hemp-producing Kentucky. The measure, known as Section 7606, ends the Schedule I status of industrial hemp under the Controlled Substances Act (CSA), which categorized the plant as a potentially addictive substance with no medical uses alongside drugs like heroin and ecstasy.
They allege you can earn up to seven figures per month depending on your rank. But if you look on page 12 of their terms and conditions, they say that any amounts reflected on their website is for demonstration purposes only and does not mean anything in terms of earning commissions. Seems like they are throwing these huge numbers around to try and get you to join.
1) Startup Costs - Most of cannabis business opportunities require a ton of start up money. For example, opening a retail dispensary requires $250k+ minimum and many I see are well over $1M. Even if you do have that kind of cash to invest in a cannabis business, you just upped your RISK exponentially because you also have a ton of ongoing operational costs as well - commercial rent, inventory, staff, regulatory requirements and a never-ending list of EXPENSES.
The idea for HempWorx came during a doctor’s office visit. Jenna Zwagil, co-founder, recounted how she was really sick. As the story goes, Jenna was diagnosed with celiac disease in 2014. She cut gluten from her diet, but she wasn’t feeling any better. While waiting for her appointment at the doctor’s office, she began reading an article on “the power of cannabis” on her phone, which was about treating autoimmune disorders using cannabis.
To summarize, we would say that HempWorx CBD oils are pretty standard in terms of effectiveness, and perhaps even a good value in terms of price compared to some of the more popular brands in the US. While they’re probably not the best we’ve ever had, they’re by no means the worst either. And of course, the company offers fast, reliable shipping to all 50 U.S. states.