If you’ve been keeping up with trends you’ve probably noticed that CBD or “cannabidiol” has become quite popular. It’s becoming a cure-all for just about any ailment, including those of your pets.
For this reason, many people want to get into the CBD business and rightly so. One popular company getting a lot of attention these days is HEMPWORX. So today we’re going to take a hard look at the HEMPWORX business opportunity and compare it to one of the best CBD affiliate programs.
What Is CBD Oil
First, what exactly is CBD oil? Many people think it is a component of marijuana that can get you high. That’s not exactly the case though.
There are, in fact, to types of oil. One comes from the Hemp plant itself which is known as CBD oil. The other is Hemp oil that is derived from the seeds of the Hemp plant. Hemp seeds have virtually no THC ( the psychoactive part of marijuana) while CBD has very small quantities of THC. So, no, it’s not going to get you high.
In fact, CBD is tightly regulated to keep the amount of THC in CBD oil below 0.3%.
It is important though, to understand what you are buying when comes to CBD and Hemp oil. Hemp oil is often mislabeled as CBD oil.
How To Know What Your Are Buying or Selling
Check the ingredients. Hempseed oil is usually listed as cannabis sativa seed oil. CBD will usually be listed as cannabidiol, PCR (phytocannabinoid-rich), or PCR hemp extracts.
What Is HEMPWORX And What Do They Offer
MyDailyChoice/HEMPWORX was founded by Josh and Jenna Zwagil in November 2014.
The company offers a variety of CBD based products which include:
- CBD Tinctures in different flavors
- Topical creams and sprays
- CBD Gummies
- CBD Bath Bombs
- Hemp Infused Coffee
- Hemp Seed Oil Hair Products
- CBD Hand and Body Lotion
- CBD Pet Oil and Dog Treats
- Nutritional and Energy Sprays
- Coffee Mugs
- And Nebulizers
As I mentioned earlier, their products are marketed via network marketing Affiliates (not to be confused with Affiliate Marketing). You can also buy the products online for retail prices vs. a discounted price you can get as an affiliate.
The HEMPWORX Business Opportunity
CBD products have become wildly popular over the past few years. In the U.S. alone, over $600 Million of CBD product was sold in 2018. 2019 figures are over $1 Billion! By 2023 the CBD market is expected to exceed $22 Billion. So, yes, this is a BOOMING market.
Companys like HEMPWORX have positioned themselves to profit from this huge business opportunity. What does mean for you?
First of all, HEMPWORX offers what it calls an Affiliate program for people to market their products and make money. But, hold on a second. If you dig into the details of their Affiliate program, you’ll find out that it’s not an affiliate program at all. They have disguised their MLM as an affiliate program to get their foot in the door.
So, yes, it’s an MLM. You’ll see right off the bat that you’re going to need to invest anywhere from $39 to $599 to become an affiliate, plus a $20 setup fee. And of course, you’ll have to continue to buy products on a monthly basis like other MLM’s require.
HEMPWORX Affiliate Earnings
Some things to note here concerning affiliate earnings. First, you see that there were 84,613 affiliates signed up and only 21,866 were active at the end of the year. But we also see that 72,118 affiliates received no income at all. That means that only 12,495 affiliates made some sort of earnings and those averages earnings were $592.62. Pretty dismal if you ask me, especially when you consider that the average annual expenses an affiliate incurred were $1,608. So on average, most affiliates were in the RED over $1,000 for the year.
Can you make money HEMPWORX? There are people who are making money, no doubt, but the focus is more on recruiting and building your network rather than selling the product. They seem to be operating in that “gray area” between a Pyramid Scheme and a Legit Business.
Compared To Best CBD Affiliate Programs
Let’s take a look at a top CBD Affiliate Program. CBD Pure sells SoftGels, CBD Infused Creams, Tinctures, and even Pet CBD.
CBD Pure contains CBD from 100% organically grown hemp. Grown in the U.S. and does not contain any pesticides. It’s all-natural and organic
CBD Pure’s affiliate program pays a flat 40% commission on products sold by an affiliate. It’s free to join, no required purchases by the affiliate, and no recruiting. You’re marketing the product and not recruiting people into a down line or network.
This is the way a REAL Affiliate Program is run. There are no products to buy, no returns to deal with, no shipping costs, and no recruiting into down lines. Thank goodness for that!
Ready To Build Your Own CBD Business?
The CBD market is BOOMING. No doubt about that. As previously stated, the market is expected to grow from around $1 Billion per year, where it is today, to over $22 Billion in just 2 to 3 years. That spells incredible opportunities for affiliate marketers like you and me.
What if I told you that you could get into this business for less than $50 a month? That would be awesome, right?
I’m a member of Wealthy Affiliate, the No. 1 Affiliate Marketing Training Platform in the World. They taught me how to become successful in the business and you can too.
With Wealthy Affiliate:
- You can try it out for FREE, risk-free, with not so much as a credit card needed.
- Free members get a free WordPress website and the first 10 lessons of each training route free.
- These are methods and strategies that have been proven to work over and over again.
- The entire Step-by-Step process to making money with Affiliate Marketing is revealed.
- The platform is All-inclusive. You get everything you need to succeed all in one place.
- Step-by-step training
- WordPress Web Hosting
- Keyword & Niche Research Tools
- Website Builder
- A support group of over 2 million users to help you
- Live Chat
- Weekly live training
- Multiple training routes
- Monthly membership is as low as $1 per day. Their web hosting alone is worth WAY more than that.
- NO UPSELLS
- And much, much, more…
Take Wealthy Affiliate, couple that with a booming product like CBD, and you’ve got one heck of a thriving business!
Sign up for a Free Starter Membership, No Credit Card Needed.
I’ll be in touch after you sign up and I can help you get your new CBD Business off the ground.
While HEMPWORX business opportunity might sound good at first, it’s really just another MLM program more focused on recruiting people into a down line. Expenses can be high and signing up with this program may ultimately end up costing you more money than it’s worth.
My suggestion is to find a great company with one of the best CBD affiliate programs, like Pure CBD. Couple that with some top-notch training at Wealthy Affiliate to show you how to build a successful online business and you’re good as gold. Grab some of that $22 Billion for yourself!