The Hemp Industries Association (HIA) reported total U.S. retail sales of hemp products of nearly $700 million in 2016. HIA claims that U.S. hemp retail sales have grown by about 10% to more than 20% annually since 2011. Mostly, this growth is attributable to sales of hemp-based care products, supplements, and foods. Together, these categories accounted for more than two-thirds of the value of U.S. retail sales in 2016.
Flush with cash and looking for a toehold in the United States, Canadian marijuana companies are making big investments in hemp. Consider: Canopy Growth (NYSE: CGC), an Ontario marijuana producer that snagged an investment for 5 billion Canadian dollars ($3.8 billion) from a New York alcohol company, recently announced it is entering the U.S. hemp market. […]
Not true. A family member of mine also failed a drug test using Hempworx that was supposedly zero THC. They contacted their rep who refused to respond to calls or texts. So then they went straight to the company who said they were sorry but nothing they could do because supposedly their lab is different than the one that did the drug test??? What a scam.
Research on CBD and anxiety has generally looked at cannabis as a whole product, not as CBD as a standalone compound. Some studies suggest that it can help with anxiety: like this 2011 study that suggests CBDcan reduce social anxiety or this 2015 review that says CBD could be promising for many forms of anxiety. It’s also important to consider whether the CBD comes from the cannabis plant and therefore may include THC, a cannabinoid that for some, induces anxiety. Read our comprehensive article on CBD and anxiety, here.
There are plenty of promoters for HempWorx around on social media, and the reviews are generally quite positive. However, it’s best to look elsewhere for HempWorx reviews than directly on the website. The second review there comes from Jenna Zwagil, who writes “This CBD Oil is a Life Saver.” However, Ms Zwagil is married to the co-founder of My Daily Choice, a notorious (to say the least) company with whom HempWorx are aligned. This brings the credibility of the other reviews into question.
Also, as with any other MLM program, typically the ones who jump on board first are often the ones who really make a lot of money with the company. Unfortunately, many of these MLM companies end up being shut down later and people who have made significant amounts of money end up losing all of it due to government intervention. After all, there’s a very thin line between an MLM opportunity and a pyramid scheme. Often, this line can be very difficult to discern and will go undetected for many years.
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.)
That $100 million could soon be going back to American farmers and businesses, thanks to the recent introduction of the Hemp Farming Act of 2018 by Senate Majority Leader Mitch McConnell (R-KY). The bill, announced by McConnell and supported by a bipartisan group of senators, would “legalize hemp as an agricultural commodity and remove it from the list of controlled substances.”
Finding a CBD product that’s more than 0.3 percent THC could be tougher. For one thing, you’ll have to be in a state that has legalized marijuana, not just CBD. You’ll also need to go to a state-licensed dispensary to buy it and, in the 20 states that have legalized just the medical use of marijuana, you’ll also have to get a recommendation from a physician. In states that have legalized medical and recreational use—Alaska, California, Colorado, Oregon, Massachusetts, Nevada, and Washington—you don’t need to see a doctor first, but you do need to be over 21. (Maine and Vermont have legalized marijuana for recreational use but have yet to open recreational dispensaries.)
The heat is very much on CBD oil sellers these days as the FDA continues to crack down on companies selling “questionable” (to put it nicely) hemp-based products. In fact, since 2015 – when the FDA first issued warning letters to multiple CBD sellers – the industry has been forced to clean up its act, at least in terms of manufacturing operations and brand transparency.