There are other, unexpected, costs. Green Roads lost four banks when their risk-management teams decided that Green Roads wasn't a business they wanted to be supporting. The company's Instagram account has likewise been shut down four times, because of legal restrictions on marketing CBD products. Instead of paying standard credit card processing fees of less than 3 percent, Green Roads pays closer to 6 percent.
Hempworx sources only organic, pesticide-free, raw materials to make all their products including their CBD oil. Hempworx also uses a Subcritical CO2 extraction for all our wholesale CBD Oil. This technique allows for the purest form of CBD oil. Once the hemp is harvested, a fresh lot drying method is used to prevent bacteria and mold growth. Most CBD farms do not use a fresh lot drying method, most simply seal the hemp in bags that end up on shelves to conserve the integrity of the plant. The problem is this method creates a loss of potency and phytochemicals.
Cannabidiol and cannabidiolic acid work by binding to various receptor targets throughout the central nervous system and the rest of the body. Acting at these receptor sites, it exerts influence on the metabolism of various neurotransmitter systems. It seems like ‘snake oil’ that one compound can have all the beneficial effects listed above; however, cannabinoid receptors exist throughout the nervous system and it is known that such a ubiquitous receptor must be involved in nearly everything the nervous system does, just like serotonin and dopamine receptors. Dopamine affects pleasure, but also pain. Anxiety and also relaxation. Heart contraction and blood pressure. All of these systems are integrated so cannabinoid receptors will indeed have effects on all of these systems and exogenous cannabinoids from plants can definitely have therapeutic effects which are extensive.
The CBD in Barroso's gummies was derived from marijuana plants, so it contained another compound, THC, which is illegal in many states. Barosso needed something without THC--he'd been jailed for drug use, and testing positive for THC would violate his parole. In 2012, he approached a compounding pharmacist, Laura Fuentes, about making a hemp-derived CBD product that could alleviate his pain and help keep him off opiates. She came up with an oil. "I could have gotten cleaner quicker if I'd had CBD every day," he says.
Important Notice: I updated our Hempworx Distributor Training and the, “Your First 30 Minutes as a Hempworx Distributor“. I have also revised my opinion of the real-time Hempworx leads. Mainly because I find people doing much better using My Lead System Pro. They’re both good but My Lead System Pro once set up can generate a regular flow of free leads. This saves Hempworx Distributor’s money and ensures a true residual income.
Hempworx products are made from Hemp, the non-THC cousin of marijuana. The reason I have always purchased my CBD oil from Hempworx is that they are the only manufacturer I know of that uses certified, organic, non GMO, hemp, grown by FDA compliant hemp farmers in Colorado and Kentucky. That’s a big deal. There are not many FDA compliant farms growing hemp. Hempworx products are also grown as part of the Hemp Pilot Program that helps farmers that have converted to growing cannabis.
With the federal government's full legalization of hemp, a previously marginalized industry is opening for free interstate commerce. What does that mean for entrepreneurs looking to get into the space, as well as those who could benefit from a wider availability of hemp-derived products? Here's a brief look at hemp's history in the U.S., as well as what its newly legalized status means for small businesses.
And those choices are soon likely to become even more confusing: The CBD market is expected to multiply at least sevenfold by 2021, to $2.15 billion, up from $292 million in 2016, according to the Brightfield Group, a market research firm that specializes in cannabis. Even Coca-Cola says it’s “closely watching” the growing interest in CBD and its potential as an ingredient in some of the company’s beverages.
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."
Fuentes and Barosso soon became business partners and the co-founders of Green Roads. Barroso went door-to-door to smoke shops, leaving bottles of CBD oil on consignment. "In the beginning, no one would give us the time of day," Fuentes says. Then she started hearing that grandmothers were going into vape shops to find CBD. "I was like, we have to do something about this," she says. "Grandmas are not comfortable in vape stores!"
HempWorx distributors have also emphasized “the power of recruiting” in order to be successful. But here’s the thing: If making money as a distributor depends more on a person’s ability to recruit others than sell product, the vast majority of distributors will inevitably fail. Moreover, a de-emphasis on product sales opens an MLM to criticism of operating a pyramid scheme.
In good faith we must say that we are part of a few select affiliate programs but only for products we try ourselves. We do not participate in any type of MLM schemes that creates a false narrative to hustle customers and focuses more on marketing than the quality of the product. If we recommend it, it has been 3rd party tested and we paid for it.
Certainly, there is no shortage of opportunities to commercialize hemp. But until hemp is treated as an industrial crop that can grow freely, businesses won’t thrive. Many states have already taken steps to legalize and jump-start their local hemp economies, but the industry won’t scale until the federal government passes legislation that protects farmers and entrepreneurs from archaic and nonsensical narcotics regulations. Until then, this is a great time for entrepreneurs to start planting the seeds of their hemp ventures.
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.