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.
Hemp, the plant, is traditionally known for its use in textiles and ropes. That’s because of its strength: After about three weeks of growth, a hemp stalk will be so sturdy it’s almost impossible to break, because the fibers are so long and strong. But for culinary products, it’s the seeds that are all-important. After they’re pressed to produce oil, the resulting byproduct can be processed into a flour from which products like pasta can be created. JD Farms has also started cultivating young hemp leaves into salad mixes.
The Hempworx mobile app is a big hit. Hempworx Distributors are having great success using it to market on social media and build their business quickly. There are tons of pictures and videos you can share on social media, text messages and more. You can run your entire Hempworx business on the new app, including the ability to send information to pre-enrollees and sign them up as a Distributor or customer. I also recommend Green Flower. It’s a free website with lots of videos of the worlds leading cannabis experts that you can share.
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!
Legalization removes these barriers and is expected to provide a boost to the U.S. hemp industry, which was previously on track to grow to a $2 billion market by 2022 prior to the Farm Bill's passage. According to the Brightfield Group, though, legalization would result in a $22 billion hemp-derived CBD market by 2022, which excludes the many other types of hemp-derived products on the market. To put that in perspective, the entire domestic cannabis industry (which includes not just hemp, but also cannabis and all its derivative products) was projected to stimulate $23.4 billion in consumer spending by 2022. That means if the Brightfield Group's estimates are accurate, hemp-derived CBD alone could double the projected market value of the entire cannabis industry.
Cannabidiol (CBD) is one of the numerous compounds found in the cannabis plant. CBD oil can be obtained from two different species of cannabinoids: marijuana and hemp, which come from the same plant species called Cannabis sativa. Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) concentration, while marijuana-derived CBD oil products have a relatively high concentration of THC. Therefor, marijuana-based CBD products can be used only when they are prescribed by doctors while hemp-based CBD oils do not normally require a prescription.
Yes. All our hemp crops are grown free of chemical fertilizers, herbicides, and pesticides, so our quality starts with our hemp plants. From the time our hemp oil is harvested to the manufacturing and shipping of our products, we test our hemp oil multiple times to ensure accuracy in potency information and to check for contaminants like pesticides, herbicides, heavy metals, and mold, as well as cannabinoid content. We also use a subcritical CO2 method when we extract our hemp oil, instead of harsh solvents. CO2 is a much healthier choice than other potential solvents and is "generally regarded as safe" (GRAS) by the FDA.
Aqua, Sodium Acrylates Copolymer Lecithin, Glycerin, Allantoin, Sodium Hyaluronate, Stearic Acid, Cetyl Alcohol, Stearyl Alcohol, Glycol Distearate, Menthol, Glyceryl Stearate, PEG-100 Stearate, Tocopheryl Acetate, Emu Oil, Cocos Nucifera (Coconut Oil), Squalene, Cannabis Sativa Seed Oil (Hemp Seed Oil)< Arnica Montana Flower Extract, Boswellia Serrata Resin Extract, Aloe Barbadensis Leaf Juice, Phenoxyethanol, Ethylhexylglycerin, Gluconolactone, Sodium Benzoate, Calcium Gluconate
2. Is Hempworx a pyramid scheme? No. Pyramid schemes involve paying commissions to people to bring in new recruits. The new recruits typically have to pay an upfront fee that enriches those that are higher in the pyramid. In many cases, a product doesn’t even exist. The scheme continues until they can no longer get enough new recruits to fund the operation. Again, Hempworx has a real product that is being sold. They charge a small fee ($20) to become a Hempworx affiliate but the focus is on making real sales. So by all accounts, Hempworx is not a pyramid scheme.
It is important that CBD is actually dry during processing and added to hemp oil as a natural carrier. This process allows us to maintain the FDA and legal standard guidelines. Our competitors typically will use coconut oil, palm oil or a non-relative carrier for dried CBD. Do not be confused by the carrier of hemp oil. Other competitors disregard the legal standard and you get unregulated, high amounts of THC in your product. With Hemp Worx you get the benefits of CBD without the downside of THC and remain compliant. All of our CBD is grown in Kentucky and tested in an FDA approved facility
Hemp oil is quickly becoming a commonly used ingredient in many cosmetics such as body lotions, soaps and shampoos. Even modest daily usage of hemp oil, whether it is ingested or applied to the skin, has been shown to lead to improvements in skin quality, stronger fingernails and even thicker hair. Hemp oil that is full of cannabidiol (CBD), a cannabinoid with neuroprotectant, antioxidant and other therapeutic qualities, generated $130 million in sales in 2016 and is projected to reach $350 million by 2020.
What about the upfront costs - were they prohibitive in order to become a HempWorx affiliate? The fee to join the HempWorx affiliate program is $20 plus the purchase of your first product (as little as $69 plus S&H). With that purchase you get your own website where people can order from you and also become an affiliate, marketing materials, your own customer service team, free drop shipping to your customers and ongoing support from a success coach. You also get the product(s) you ordered which you can use for yourself and family or re-sell. So for under $100 you can become a HempWorx affiliate which seems very reasonable to me all things considered.
I am a very private person when it comes my health. I’m English we don't talk about our ailments. I have to share because I believe by getting over myself I can help others. I have been taking 500mg 4 drops 2x a day for 4 weeks. My results as follows, came off Lexipro for anxiety after 2 weeks. no longer need my BP meds and will come off Lipitor after seeing my Doctor. Pepcid no longer needed for acid reﬂux. I bought the Relief cream but I haven’t needed it as my body feels as if it’s been WD-40'd. Not bad as I will be 78 next week. (Send chocolate)
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!
In 1996, a study published in the clinical journal Nature found that chocolate contains thre...e fatty acid compounds that bind directly to cannabinoid receptors or indirectly act on them through increased anandamide levels (by inhibiting the FAAH enzyme). The endocannabinoid anandamide, which is commonly called “natural tetrahydrocannabinol” (or THC), is “a brain lipid that binds to cannabinoid receptors with high affinity and mimics the psychoactive effects of plant-derived cannabinoid drugs.” This suggests that certain chocolate compounds act on the same receptors as cannabis does. Though some researchers today question whether the compounds actually do bind to the receptors directly, the majority agree that chocolate does increase anandamide levels, thus affecting them indirectly.
I’ve used several oils before trying Hempworx. Negative reviews are often from other competitors or other MLM companies too. MLM has received a bad rep because of pushy reps and reps that have spammed people for years. It’s unfortunate that people review a product based upon their opinion of MLM reps. If you really take a look at the Hempworx oil, you will see that it is a pure product. The oil does not have any added non-hemp carrier oil. And if you go to an affiliates website, all you need to do is scroll down to the bottom and click on FAQ. You will get a ton of information. I also think people should keep in mind that if you are google searching for reviews on a particular product, pretty much all the “reviews” out there are also affiliates of each of those companies, and when you click on the links provided, they are receiving a percentage of the sale as well.