There are two main compounds found in cannabis: THC and CBD. Both are very effective in managing pain. THC gives us that familiar “high,” while CBD does not. For instance, medicinal CBD oil contains small amounts of THC, so users get all of the benefits of cannabis without altering their state of mind. A Canadian study found no serious side effects of medical cannabis after one year of pain treatment.
"[Legalization] is paving the way for a massive expansion to both the agricultural industries and a spectrum of industries in America," Beckerman said. "[It opens] ancillary service providers from every industry like banking, insurance, finance, merchant processing and packaging labeling distribution. And we're talking about improving products by blending in the superior properties of hemp."
Hemp entrepreneurs are facing jail time and hefty legal fees for transporting the plant across state lines, despite a federal guarantee that states can’t block legal hemp transport. Massive police seizures in Idaho and Oklahoma raised questions about how state and local law enforcement are supposed to tell the difference between hemp and marijuana. Since […]
Hempworx is a joke. Lying to all of us that its legal. They pretty well destroyed ever affiliate that was selling it. Now the new thing is that Josh the CEO got caught. He still does not have the liscense to sell CBD. Now you need a prescription to buy hempworx. You have to get a consultation from one of their doctors and pay 150.00 fee. And you say anything negative about the company they ban you instantly from their groups. They found this loop hole to be able to sell in Canada. This was the only way he could scam some more. Its going to be legal in Canada in Oct. Why would you need to buy from hempworx. They figure they are the only company in the world that sells full spectrum. Its kind of like a cult, the company has brain washed affiliates to make them think their product is the best. I can get CBD in Canada now with out a prescription. So how would affiliates market this stuff now that you need a prescription. As soon as its legal I’m sure a canadian company will start making CBD for sale. Why stick with hempworx its a huge scam.
This is verifiable thanks to third-party lab reports. The reports are posted directly on the HempWorx website, showing you that they have nothing to hide. Every batch is tested by a third-party laboratory, which conducts a gas chromatography test, antimicrobial tests, potency tests, and provides certificates of analysis. You can see all of these on the website.
One state, Indiana, has made it easier for consumers to find these COAs. Since July, all hemp-derived CBD products sold in stores in Indiana must include a QR code on their label that lets consumers download a product’s COA to their phone. All CBD products sold at Indiana locations of Fresh Thyme Farmers Market, a Midwest regional chain, now carry those codes, says Jonathan Lawrence, director of vitamins and body care at the chain. “It’s important for any consumer to know what’s in their product and what they’re taking,” Lawrence says.
5) Support – Starting and running any business can be very challenging and support in your efforts can be invaluable to help you get going, develop and implement a marketing plan and stay motivated and consistent. With other cannabis businesses you have to develop that support team with a great deal of time, thought and effort. When you become a HempWorx affiliate, you have a support team already set up for you from Day 1 – a customer service team that takes your orders and ships your product to your customers while also handling customer service after the sale as well. You also get your own success coach (Ken Higgins) that is with you in business every step of the way.
My first bottle of 750mg peppermint was what I ordered and worked great. However, my second order of the same exact oil was different. Even though the label said 750mg peppermint, it had no flavor and I've had to use more for it to be affective. I feel cheated and scammed. I'm looking for a direct buying company in my area to purchase my next bottle from.
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.
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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.