Unlike hemp-derived CBD products, those made from marijuana must undergo testing—at least in states that permit medical and recreational use of marijuana. In some of those states, dispensary staff are supposed to have the COAs available and be willing to share them with you. If they aren’t, or the COA is not available, go to another dispensary or choose another product.
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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.
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.
But I find that it's easier to promote products from companies people already know and trust like Amazon. Fortunately, My Best Work At Home Recommendation can teach you how to make money with companies like Amazon and others. And the great thing, you can try it for FREE before making any investment in this business. So you may want to consider this option.
Hempworx probably has some utility as a multi-level marketing tool. If we believe the lab reports, the CBD oil may be a good product. It has at least 10 mg of CBD per dropper, and less than 1 mg of other cannabinoids. Even the coffee tells you exactly how much CBD is in it and it is a therapeutic amount. So, they get a good grade for this. This is a good mix of cannabinoids. However, it comes at the expense of an affiliate program so the price is significantly marked up.
You can compare the store brands CBD oil vs. Hempworx CBD oil by look and taste as well. Our oils are clear and taste clean, while the store brand may be cloudy with various flavors that are unbearable. Try a 1 fluid ounce of Hempworx oil for a FULL 30 days and FEEL the difference for yourself! Do your research and you'll see there's no comparison with Hempworx! CLICK HERE to choose your products. You'll be so relieved that you did and soon to be PAIN FREE!
Thanks Barbara, This is really helpful. Unfortunately, I have read another review that stated they hadn't been paid either and they had a difficult time getting support. The first red flag was that they state that CBD oil is legal in all states. It is not. Yikes on Trump support too. Although I have not seen any internet research to support that statement, it puts a sour taste in my mouth. Thanks!
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.
With about 6 percent of the market, Davie, Florida-based Green Roads is the largest private company specializing in hemp-derived CBD, according to Brightfield. The company sells CBD-infused products such as tinctures and balms, online and in 6,000 stores and 2,000 doctors' offices. Green Roads now has about 100 employees, and co-founder Arby Barroso estimates 2018 revenue at $45 million.
They allege you can earn up to seven figures per month depending on your rank. But if you look on page 12 of their terms and conditions, they say that any amounts reflected on their website is for demonstration purposes only and does not mean anything in terms of earning commissions. Seems like they are throwing these huge numbers around to try and get you to join.
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.