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.
CBD product labels sometimes say that they were produced with “CO2 extraction.” That can mean that the CBD and other ingredients were removed from the plant using high-pressure carbon dioxide gas, not chemical solvents. Depending on the type of CO2 extraction used, the technique might be able to extract not just CBD but other cannabinoids (see number 5) in the plant, Boyar says. However, that approach is not necessarily better, because it’s unclear whether those other compounds provide additional health benefits. And it may not be safer, either, because some forms of CO2 extraction still use solvents, Boyar says.
Please note: Our CBD is 100% legal in all 50 states. Under the 2014 Farm Bill, CBD derived from hemp seed oil that has less than .03% THC by dry weight is ideal. Our products comply within these guidelines and is considered to be undetectable in saliva or urine tests, although there can be a rare instance that the small trace of THC builds up in the body over time and may be detected. Due to high demand and for people in High Risk Professional positions, Hempworx brought forth the THC FREE oils in May 2018!
CBD is one of over 60 compounds found in cannabis that belong to a class of ingredients called cannabinoids. Until recently, THC (tetrahydrocannabinol) was getting most of the attention because it’s the ingredient in cannabis that produces mind-altering effects in users, but CBD is also present in high concentrations — and the medical world is realizing that its list of medical benefits continues to grow.
First off they charge to be an affiliate, there are enough CBD companies out there that don’t. They lie to you when you’re not paid on time making it seem like your fault, tell you to wait until next payday and then don’t pay you again, they actually e pert you to wait yet another week to get paid for three weeks earlier. They treat you like you’re an idiot and then lie to your face and laugh. They get pleasure from abusing the affiliates, make money off the backs of the struggeling all the while pressuring to buy more, more, MORE! Why throw good money after bad? You shouldn’t have to but that is exactly what they tell you you have to do in order to get paid. Think about this, you’re expected to go into online groups with a bunch of other people selling the same products, how is that helping you make money? It’s not. What these groups are designed to do is indoctrinate you into thinking the way they want you to think. You are the donkey and ‘helping you be successful’ is how they dangle the carrot. Does anyone really believe Josh and Jenna (her maiden name is Kahan, pun intended) make $10,000 a day? There’s videos on the internet where she claims just that. You would think with a daily income like that, they’d own the house they live in but they don’t, it’s a rental for $3,000 per month. For individuals claiming to make $10,000 a day why are they renting a home for 1/3 of Jenna’s daily income? Surely they can afford something more luxurious. The truth be told, it’s all smoke and mirrors and eventually the dominos will start to fall. I predict trouble ahead. Josh and Jenna are the modern day version of a snake oil peddler.
Step 1 – ENROLL IN HEMPWORX – CLICK HERE. It’s FREE! Hempworx has one of the best websites and marketing systems in the industry. It’s free to join and take a free tour (because they know you’ll love it!). Your Hempworx website does all the heavy lifting. It takes credit cards, automatically updates when new products are added and tracks all your Hempworx leads and opportunities.
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."
Tinctures – Typically tinctures are small glass or plastic “dropper” bottles that have cannabidiol oil mixed with a preserving solution such as alcohol. Tinctures were very a very common way to ingest botanical oils prior to the industrial revolution and are experiencing a resurgence in popularity as more people are looking for natural remedies. Tinctures with droppers allow you to put a few drops in your tea, under your tongue, or to bake the oil directly into your food.
And now that the updated U.S. Farm Bill has been passed which more or less legalizes hemp, we can expect to start seeing more and more very high quality CBD oils hit the American market in the coming years. HempWorx has been around for awhile, and they’re simply doing what they can from a business perspective in order to gain a foothold in the industry. In our mind, this should not take away at all from the quality of their products.