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.
The certification on site are not up to date and I am not able to find my lot number. I emailed them and waiting. Seems weird cant find my batches info especially since they boast about having that info publically available. I just started it so jury is still out for now but it does concern me how the documentation page is set up. You scroll down and see a lot of certs but cant find one for the bottle I have in my hand???
Despite prohibition, the U.S. is already home to an active and thriving hemp industry, although much of it is confined to individual states because of the laws. Legalization means that U.S. farmers will now be able to grow the crop, and existing hemp companies will be able to expand unabated and undeterred by the potential for federal intervention.
A British pharmaceutical company is closer to getting its CBD medicine to the U.S. market with the government’s blessing, a first for the cannabis industry and potential game-changer for all marijuana and cannabidiol producers. A panel of government health advisers gave a unanimous recommendation Thursday to the U.S. Food and Drug Administration to approve Epidiolex, […]
So I went about doing my own due diligence on each of these 7 concerns and here’s what I learned: I learned about the products and that they were advertised as very high quality - organic, non-gmo, made with hemp grown in Kentucky USA and came with a 30 day empty bottle guarantee. So far so good. Then I looked for HempWorx Reviews for people that have tried the product so I could see direct feedback. I was frankly astounded by how many positive reviews there were for people getting serious results from anything from chronic pain, anxiety, diabetes, poor sleep and more. But were these reviews legit? Well, they were all from Facebook where there is an actual photo of the reviewer and an unsolicited post in their own words. So, as far as testimonials go, it is probably as solid as it gets because the reviewer can be contacted directly to confirm the results. I ended up compiling my own group of HempWorx reviews from Facebook users and posted them on 5 separate pages -here is one of those pages you can view at CBD Oil for Pain.
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.
Making health claims, even just the ability to treat relatively minor problems like migraines, is legal only for prescription drugs, which undergo extensive testing for effectiveness and safety. And the more dramatic the claim, such as the ability to cure cancer or heart disease, the more skeptical you should be. Since 2015, the FDA has cracked down on dozens of companies selling CBD products online for making unallowed health claims.
We do not make any health claims about our products at Hemp Worx. Before taking our products, it’s wise to check with your physician or medical doctor. It is especially important for people who are: pregnant, chronically ill, elderly, under 18, taking prescription or over the counter medicines. None of the information on our website is intended to be an enticement to purchase and may not be construed as medical advice or instruction.
Until recently, Hempworx had a page of “testimonials” on their corporate website. It’s since been removed. Likely because the FDA doesn’t look kindly on fake testimonials. Most people assume that testimonials are from satisfied customers who have no affiliation with Hempworx. But this was not the case. The “testimonials” on their website were all from high-ranking affiliates who sell Hempworx. So in reality, these are hardly impartial reviews.
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...
Hemp Products sold in stores are most often made with hemp seed oil, which can contain only trace amounts of CBD. While it has been noted that hemp seed oil can be a great source of nutrition, its marginal quantity of CBD per weight makes it unfeasible as a CBD supplement. Our CBD hemp oil, however, is extracted from the stalk of specifically selected hemp cultivars, offering higher percentages of CBD by weight and additional nutritional benefits from the contents of our oil.
HempWorx CBD products are made with Certified Organic Hemp grown in Kentucky and are 100% free of any synthetic or artificial ingredients. We have 80% purity levels whereas our competitors have 15-40%. Everything is tested in an FDA Approved facility and our products contain less than .03% THC. We also carry a THC Free CBD Oil for those who have to pass a drug test for their job. Our farms are 100% compliant and our products meet the Federal Legal Limit.
Just last year, hemp was grown in 19 states, covering nearly 26,000 acres of land, 1,456 licenses were issued to grow hemp and 32 U.S. universities were conducting hemp-related research. People are using hemp in CBD products, personal care items and even food because it provides a number of health benefits. In food, hemp can help with digestion, reduce risk of heart disease, improve skin conditions including acne and eczema and reduce menstrual symptoms in women.
In terms of price, Hempworx is actually a tad bit cheaper than the majority of the leading CBD oil brands in the U.S. As we went over in the Hempworx product reviews, their 500 mg (15 mL) oil sells for $69, which is just a hair less than our favorite brands (we won’t mention any names in particular for fear of turning this into a “brand pitch,” but you can check out this article if you want to know which brand specifically we’re talking about).