With the federal government's full legalization of hemp, a previously marginalized industry is opening for free interstate commerce. What does that mean for entrepreneurs looking to get into the space, as well as those who could benefit from a wider availability of hemp-derived products? Here's a brief look at hemp's history in the U.S., as well as what its newly legalized status means for small businesses.
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There are other, unexpected, costs. Green Roads lost four banks when their risk-management teams decided that Green Roads wasn't a business they wanted to be supporting. The company's Instagram account has likewise been shut down four times, because of legal restrictions on marketing CBD products. Instead of paying standard credit card processing fees of less than 3 percent, Green Roads pays closer to 6 percent.


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It is important that the 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 of Zero THC. 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. Our product is CBD Oil. Other competitors disregard the legal standard and you get unregulated, high amounts of THC in your product. With HempWorx you get the benefits of CBD without the downside of THC and remain compliant. Our CBD is grown in Kentucky and tested in an FDA approved facility.
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.
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