Hempworx boasts in this YouTube video that they pay huge commissions (up to 85% of revenue) to their affiliates. That means that up to 85% of the price that people pay is being paid in commissions to the selling affiliate and their “upline” network of other Hempworx affiliates. The video also promises the potential for affiliates to earn iPads, flatscreen TVs, luxury vacations, cruises, diamond watches, $100,000 cash bonuses and even new cars.
This is verifiable thanks to third-party lab reports. The reports are posted directly on the HempWorx website, showing you that they have nothing to hide. Every batch is tested by a third-party laboratory, which conducts a gas chromatography test, antimicrobial tests, potency tests, and provides certificates of analysis. You can see all of these on the website.
Now I had to address how I was going to market these products effectively without selling to family and friends. What I learned is that some of the top producers in the company were using social media and other internet marketing to sell the products and business opportunity. Then I realized there is a wholesale program so I could also sell to retailers such as dispensaries, vape and head shops, natural health food stores, alternative medicine practitioners and the list goes on. I could also share the products through meetup groups, doing events, etc. so there are no shortage of ways to market the HempWorx CBD products.
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.
And then there’s the quality. JD Farms’ oil tastes fresher than other hemp oils because it’s produced in the U.S. The majority of hemp oil and seeds sold in America comes from plants grown in Canada. (According to the Toronto Star, in the first quarter of 2015, Canada exported $34 million worth of hemp seeds and oil.) Before hemp enters the U.S. it must be sterilized. (If it’s not, it counts as a Schedule I drug, along with substances such as heroin and ecstasy.) When it’s heated, hemp loses its pungent freshness and nuttiness. “It’s such an oily seed, heat speeds up the rancidity,” Justh says. “Plus, it’s just sitting around in vats. It’s got nothing in common with a product that is fresh from the field.”
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 […]
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
Very confused why my bottle does not have a batch number on it so that i can look up the certificate of testing? the person who sold me it said i could check lab testing and i can’t. this is false advertising. doesn’t seem right. on further looking it is an MLM company which makes you think how much the product is really worth if you are paying all the people at different levels. you pay the person who sold it to you and the people above them in the triangle. would rather not. i’m in scotland and over here cbd is now available lots of places. the high street versions aren’t very good. but i don’t want to support an mlm like this so I keep looking. i was drawn in by someone on facebook selling so be aware and be careful!
Not only did prohibition mean hemp companies were legally unable to engage in interstate commerce, it also meant access to critical business services was often restricted. This includes banking, for example, because many banks harbored concerns about doing business with a company that remained federally illegal. Not only would that require more compliance work, risk management and due diligence on the part of the bank, it also would put banks at risk for money laundering charges and loss of FDIC status if the federal government enforced the laws on the books.
Generally, CBD oil is made by combining an extract with a carrier fluid or oil. This question is best answered by looking at how the CBD oil was extracted. CBD oil can be extracted using CO2 systems or by using chemical solvents. Both methods produce a CBD oil byproduct that is then combined with a fluid like MCT oil, coconut oil, or olive oil so that it can be delivered to the body. Always check to make sure you know the CBD content of the products you purchase.
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.
HempWorx 750 CBD Oil is trusted by health professionals and doctors worldwide. Our products are not only made and sold in USA, they have also picked up quite a following worldwide and we are currently shipping to Canada, Australia, and more than 85 countries. Hemp Worx 750 CBD Oil products are backed by strict testing standards of every batch. Our CBD maintains standards of being Non-GMO, natural, organic and pure, safe and effective to use. We post our batch testing right on the website.
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.
My first bottle of 750mg peppermint was what I ordered and worked great. However, my second order of the same exact oil was different. Even though the label said 750mg peppermint, it had no flavor and I've had to use more for it to be affective. I feel cheated and scammed. I'm looking for a direct buying company in my area to purchase my next bottle from.
Yes, with some caveats. CBD and CBDa is legal in most states of the United States as long as it comes along with no more than 0.03% thc. CBD all by itself, is pretty much legal everywhere. However, you could still run into legal problems if you have a cop or court which is hell-bent on charging people with violation of marijuana laws or even laws about where you can buy non-psychoactive hemp. This is rare but has happened on occasion.
CBD is one of over 60 compounds found in cannabis that belong to a class of ingredients called cannabinoids. Until recently, THC (tetrahydrocannabinol) was getting most of the attention because it’s the ingredient in cannabis that produces mind-altering effects in users, but CBD is also present in high concentrations — and the medical world is realizing that its list of medical benefits continues to grow.
The man at the bottom always makes far less than the man at the top. The cool thing about MLM companies that carry products that work, and pay up to 85% like Hempworx, is the products sell themselves and I can climb to the top way faster than any other company like Target. McDonalds, Starbucks, Etc…..your business is only as great as the work or effort you put into it.
I had the worst experience with Hempworx! Feel totally scammed. They took forever to fix any issues still owe me commissions and then after a month of joining they stop shipping to Canada after they were doing it for 9 months! Suddenly they are not authorized here?! Put many of us at risk now supposedly they have found a company to get us all prescription cards?! Make everyone pay $150 to do this and in meantime I have copies of posts from Jenna one of owners stating 'We don't need Canada'. Well that was the last straw for this Canadian and she also publicly supports Trump so buyers beware wish I knew all this before!