San Francisco-based tech company Eaze launched a new online marketplace, Eaze Wellness, to ship hemp-derived CBD products to 41 states across the U.S. and the District of Columbia. CBD sales more than doubled among the company’s customers last year, Sheena Shiravi, Eaze’s director of consumer communications, told Fortune, highlighting a key business opportunity. This marks the company’s […]
HempWorx uses only industrial, GMO-free Kentucky hemp grown using organic methods under the 2014 Farm Bill and the Government Pilot Program for Hemp Research. The result is high potency and consistency in each compound processed via solvent-free CO2 extraction. They offer powerful, full spectrum oils as well as THC-free tinctures (Note that all HempWorx’s full spectrum oils fall at or below the federal allotment for THC levels). Each oil is available in two concentrations in cinnamon, peppermint, and natural flavors. No artificial colors or flavors are present in any of their offerings. The innovative topicals include high-end skincare varieties rich in healing properties. The powerful anti-aging cream treats wrinkles with 50 mg CBD, while their Revive cream includes other anti-agers like collagen and retinol. HempWorx’s pet line features dog treats that are soy-free, grain-free, and corn-free plus oil tinctures for pain/anxiety relief. One of their most popular products is the hemp-infused coffee, a delicious way to enjoy CBD benefits. And the best part is the CBD Keto Coffee Creamer that goes along with it! This savory addition is gluten-free, Keto, vegan, and sugar-free: a great way to add CBD to a daily health regimen in a tasty way.
I did like the products at first. After 3 months the product seemed to stop working. There always seems to be shipping issues. Don't get me started on how annoying the representatives that sell this are or the company itself with their numerous emails sent on a daily basis. They seem to care more about getting people to sell their product then to use their product. I would not recommend.
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.
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.
HempWorx CBD is an interesting brand that has no issue with transparency in terms of how they operate as a business, and where they source their raw hemp plant material from. Also, one of the main things that stands out to me as that they’re one of the only companies I know of that offers specific dosing guidelines for a range of serious medical conditions. This is a bit odd, however, as they also make it clear that CBD is not approved by the FDA as a medicine, and thus none of their products are designed to “treat, cure, or prevent” any disease.