As the cannabis plant awaits a high-stakes review from international health authorities, the U.S. Food and Drug Administration is inviting the public to weigh in on whether cannabis, CBD and other cannabis extracts should declassified as a controlled substance. The UN’s World Health Organization made a preliminary announcement in December that CBD has a low […]
With the changing political and regulatory climate related to cannabis, hemp businesses are on the cusp of exciting new opportunities to expand their business, and to get into the cannabis industry. Whether you’re a farmer, hemp processor or manufacturer or another key link in the industrial hemp supply chain, you can position your business for accelerated growth with membership in the NACB.
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.
Among the fans of JD Farms products is the dynamic chef Ignacio Mattos, of Estela and Flora Bar at the Met Breuer in Manhattan. “We are always pursuing new ingredients and flavors,” Mattos said in an email. “The leaves have quite a unique flavor profile, they’re grassy and sweet. The seeds are a bit nutty and sweet when they’re raw. The texture is quite fun when it’s toasted and a bit more savory when cooked.” He’s working on using the seeds in desserts and adding the oil to a tomato and mozzarella salad.
If you enrolled 10 people at the executive package, you would earn $100 times 10 — $100 times 10 is $1,000. If those 10 people all went out and brought two people in at executive, that’s 20 new people — 20 people times $20 is $400. If those 20 people went out and recruited new people and these people went out and recruited more people, as you can see the jump start bonuses add up very quickly.
When I woke up Monday morning around 6AM I was in severe pain (pain level about a 9 out of 10) and it hurt me to move. However, I did make it out of bed to go to the bathroom, let my dog out, and I took a muscle relaxer and went right back to bed. Stayed in bed till about 11 ish. Still in alot of pain (pain level about 8). Got up took a half a dropper full of 500 HempWorx CBD Oil. And went back to bed. After about 30 to 40 minutes, I was feeling much better (pain level about 5 out of 10). I got up, got a shower, dressed and ate something. I was moving around better, still in discomfort, but the edge of my sever pain was gone. I took another dose of the CBD Herbal Drops around 4:30 PM when my pain was starting to come back. I AM A BELIEVER, this stuff works.
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.
As you comb through the web pages, it’s clear the product is meant for a multi-level marketing scheme. Many of these companies do not expect anyone to actually use the product. They just want people who will buy it in hopes of selling it to someone else. One previous potential customer has said he could not buy the product, as the company demanded a referral. This means multi-level marketing might be their main business. This can lead to problems getting the product for regular consumers, though they do have an option to sell directly to the consumer as well on the website.
Also, all HempWorx products are 100% organic and non-genetically modified, and the company apparently makes all of its products right here in the United States. Moreover, the hemp used to extract the oil is grown in Kentucky, and unlike a lot of firms who claim their CBD products to be lab tested, HempWorx actually ‘walks the walk’ by publishing up-to-date details of their test results on the site (you can find them under the “HempWorx Store” tab by clicking the “CBD Oil Certification” button).