With about 6 percent of the market, Davie, Florida-based Green Roads is the largest private company specializing in hemp-derived CBD, according to Brightfield. The company sells CBD-infused products such as tinctures and balms, online and in 6,000 stores and 2,000 doctors' offices. Green Roads now has about 100 employees, and co-founder Arby Barroso estimates 2018 revenue at $45 million.
3. Is the CBD oil sold by Hempworx a bad product? No. To their credit, Hempworx does post third party lab reports posted on its website. Third party lab reports are the only way to really know what’s in the product you are buying. The Hempworx lab reports clearly show the amount of CBD and other cannabinoids including trace amounts of THC in the Hempworx CBD oil tincture. By all accounts, Hempworx CBD oil is of reasonably good quality. However, it’s worth noting that their posted lab reports do not show results of heavy metal, pesticide and residual solvents testing. The omission of these test results is concerning.
We include this review merely to note that at least one other person wonders their cbd hemp oil is even cbd oil, or if it is merely hemp oil. This is not clear on the labeling, but after digging up information and doing some calculations, I believe the product may in fact contain therapeutic levels of CBD. Most likely, they failed to clearly demonstrate this because they are worried about selling to marketers, not to customers, and that could lead to supply issues for the consumer. Some MLM products, you can’t even get without becoming an affiliate.
This isn’t the first time McConnell or one of his colleagues has introduced such a bill. Actually, it’s the sixth -- similar bills were introduced in 2005, 2007, 2009, 2013 and most recently 2015, only to be stalled each time in congressional committees that couldn’t see the difference between hemp and marijuana (or choose not to). This bill has a real chance of finally passing because of its potential for job creation and economic growth.
Unlike some producers of CBD, Fuentes and Barroso never intended to grow their own hemp, which was outlawed in Florida when they began anyway. At the time, Barroso says, it was almost impossible to buy an oil containing only minimal amounts of THC. It's easier now, but supply can still be tricky: "We can't always get 10 55-gallon drums of oil," he says. Green Roads products use a blend of four to five different cannabinoids, using both oils and isolates (concentrated CBD extract in the form of a powder), designed by Fuentes.
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.
4. Is Hempworx CBD oil the “world’s purest CBD oil” or the “best CBD oil on the market?” No. This is a claim that we often hear made by brand ambassadors selling Hempworx. Some of them also criticize the ingredients of other brands and claim they are inferior to Hempworx. In reality, there is no evidence we’ve seen that supports these claims. Hempworx is not fundamentally different in any way from most of the other products on the market. Claims to the contrary are just hype to manipulate uneducated consumers to buy Hempworx so they make their commission.
While Jenna’s “How I cured my celiac disease” story is inspiring and research into the therapeutic effects of CBD is promising, especially in the treatment of seizures and other neurological disorders, the FDA is clear: Marketing supplements as having the ability to treat, cure, alleviate the symptoms of, or prevent developing diseases is simply not permitted by law. Yet that has not stopped Jenna and distributors from claiming that HempWorx treats a number of diseases, including Parkinson’s, multiple sclerosis, AIDS and cancer, often as an alternative to traditional treatments. In fact, TINA.org has amassed a database of more than 100 inappropriate and illegal health claims. They include:
A growing body of evidence suggests that hemp roots can remove toxins from soil and water better than practically any other plant. Hemp has been proven to absorb heavy metals from soil, including zinc, cadmium, lead and arsenic. Hemp has been used to detoxify the soil around the site of the Chernobyl nuclear disaster. Hemp could help address climate change, since it absorbs four times more carbon dioxide than trees while growing in just a fraction of the time.
Dispensaries may sell a variety of “CBD-rich” products that are high in CBD and relatively low in THC, including oils, tinctures, topicals, and vaping liquids. They may even sell buds or flower from marijuana strains that have been bred to have very low levels of THC, says Michael Backes, author of "Cannabis Pharmacy: The Practical Guide to Medical Marijuana" (Black Dog & Leventhal, 2014). For example, the strain “AC/DC” can be just 0.5 percent THC, barely above the cutoff allowed for CBD from hemp and much lower than the 20 percent or higher THC concentration typical of most marijuana strains, Backes says.
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1) Startup Costs - Most of cannabis business opportunities require a ton of start up money. For example, opening a retail dispensary requires $250k+ minimum and many I see are well over $1M. Even if you do have that kind of cash to invest in a cannabis business, you just upped your RISK exponentially because you also have a ton of ongoing operational costs as well - commercial rent, inventory, staff, regulatory requirements and a never-ending list of EXPENSES.
Before there was HempWorx, there was My Daily Choice, an MLM whose main products pre-HempWorx were supplements that you spray into your mouth. Josh Zwagil started My Daily Choice in November 2014, a month after ending a five-year run with an automotive products MLM, Syntek Global, where he rose to the highest rank of Blue Diamond Executive, according to his LinkedIn page. (Fun fact: After Zwagil left Syntek Global, the MLM filed a lawsuit against its longtime president, John Winterholler, alleging, among other things, that he went behind the company’s back and against its interests to market and sell a competitor’s products.)
First off, hemp seed oil is oil extracted from hemp seeds. It contains very little CBD and is not commonly used as a source for CBD since the rest of the plant contains much more CBD. The claim to have a ‘full spectrum CBD’ is very strange wording. CBD stands for cannabidiol. It is a single chemical, a single cannabinoid, so it cannot be ‘full spectrum’ because it contains no other ingredients. This could be merely bad writing, or could indicate attempt to confound either consumers, or more likely sellers. The ingredients listed say hemp seed oil, CBD rich whole hemp extract, and flavoring. There’s no list of just ‘CBD’ alone. However, on the certificate of analysis provided by the organization, the percent of CBD comes out correct. From this we conclude that the ‘phytocannabinoid extract’ is indeed all of the cannabinoids together, but that more than 160% of that is comprised of CBD. Therefore, we can fairly well trust that this product does in fact contain the stated level of CBD, despite the confusing wording.
The certification on site are not up to date and I am not able to find my lot number. I emailed them and waiting. Seems weird cant find my batches info especially since they boast about having that info publically available. I just started it so jury is still out for now but it does concern me how the documentation page is set up. You scroll down and see a lot of certs but cant find one for the bottle I have in my hand???