Because CBD currently operates on the boundaries of legality, it's tricky to figure out how big the industry is and how much bigger it could get. Brightfield pegs the market for hemp-derived CBD products at about $591 million in 2018, growing to $22 billion by 2022. Other analysts, while nowhere near as bullish, are still very positive on the sector. Hemp Business Journal says the market for hemp-derived CBD was about $190 million in 2017, and will grow to $646 million by 2022.
The legalization of hemp does more than simply create a new industry, and thus new business ideas and opportunities for entrepreneurs. Hemp is an extremely diverse crop with a wide range of applications, including in textiles, nutrition and biofuels, to name a few. The wider availability of these products could provide small businesses with more cost-effective or durable inputs.
You can Diane, but more is not better. It is best to start out slow using the 500 mg unless you have a serious chronic illness. It has been found that you must find your "sweet spot" and everyone is different. If you use too much for you, your symptoms can return. Most people I know have found that their sweet spot is 5 to 10 drops twice a day. The bottle contains 1000 drops so, at the amounts above, the bottle will last 2-3 months.
Further below, you will see more HempWorx reviews of people experiencing results for many other health issues. If you do not see your health issue, that does not mean that CBD may not provide relief for you - contact us and we will review our database of HempWorx customor testimonials and studies to see what additional information we can provide for you. Here's to your health and that of your loved ones and pets!
The are no guarantees regarding the income from the MyDailyChoice/HempWorx opportunity. The success or failure of each Affiliate, like in any other business, depends upon each Affiliates’ skillset and personal effort. Earning levels for Independent Affiliates are examples and should not be construed as typical or average. Income level achievements are dependent upon the individual Affiliates business skills, personal ambition, time, commitment, activity, and demographic factors.
1. Is Hempworx a scam? No. CBD oil scams do exist whereby consumers are deceived and grossly overcharged for a poor quality product. Hempworx is a real product of reasonably good quality that is sold to customers that willingly purchase it. Hempworx does sell its products through multi-level marketing (MLM). This is the same sales strategy used by companies like Avon, Doterra, Rodan & Fields, Advocare and a host of others. Each sale is credited to one of their affiliates who receive a commission for the sale. Affiliates are also incented to recruit new affiliates to sell the product. While the MLM business model can be controversial and the authenticity of testimonials from those selling the product can be questioned, that doesn’t make it a scam.
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.