- 1 Hempworx Review Summary
- 2 What Is HempWorx?
- 3 What Are The HempWorx Products?
- 4 How Much Does Hempworx Cost?
- 5 The HempWorx Compensation Plan!
- 6 How Much Money Can You Make with HempWorx?
- 7 Pros of Hempworx
- 8 Cons of Hempworx
- 9 Is Hempworx A Scam?
- 10 Conclusion to My Hempworx Review
- 11 Related Posts
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- 17 Wealthy Affiliate Black Friday 2019 and Cyber Monday Special
The Hempworx Review explores the workings of this MLM Pyramid system rather than the quality of its Hemp derived CBD Oil products.
Much happened in the CBD Oil industry since the writing of this review, and a lot has happened with Hempworx. Most notably, in good old MLM fashion, a packed house at the MDC 2nd Annual Convention in Las Vegas witnessed the 'give-away' of the first HempWorx Lexus Car to contest winner
50K Affiliate Staci Bishop from Nashville, Tennessee.
Staci now can drive this company-leased car 'free-off charge for as long as she reaches a certain monthly income level', or she has to pay the the lease charge out of pocket if she wants to continue driving the Lexus.
In addition, Hempworxs released the 'MDC (My Daily Choice) Income Disclosure Statement for the Period of January 1st, 2017 To July 1st, 2018, which will be added in the review below.
Hempworx Review Summary
Product Name: Hempworx
Product Type: Multi Level Marketing Business Model
Creator/Owner: Josh & Jenna Zwagwill
Products: Hemp CBD Oil
Price: Mandatory Purchase ranging from $59 to $599 per month
Summary: Hempworx is a legitimate MLM that sells tangible and good products people actually want to buy and use.
Rating: 3.0 out of 5
Finally, the United States Senate overwhelmingly approved a bill to legalize the non-psychoactive cannabis cousin of marijuana, Hemp and Hemp based products.
"Consumers across America buy hundreds of millions in retail products every year that contain hemp," McConnell said in a floor speech on Thursday, June 28, 2018. "But due to outdated federal regulations that do not sufficiently distinguish this industrial crop from its illicit cousin, American farmers have been mostly unable to meet that demand themselves. It's left consumers with little choice but to buy imported hemp products from foreign-produced hemp."
We are NOT talking about 'POT, the stuff the' typical stoners' love so much. We are talking about Hemp which has lower concentrations of THC and higher concentrations of cannabidiol (CBD), which decreases or eliminates its psychoactive effects.
Science does back up claims that Hemp Seeds have health benefits; Hemp Seeds...
- reduce the Risk of heart disease
- are a great source of plant-based protein
- are highly nutritious
- may reduce symptoms of PMS and Menopause
- may cure skin disorders
It doesn't surprise me a bit that hemp products already found their way into many households, and some companies are selling these products through MLM (Multi Level Marketing), better known as Pyramid Systems.
One of these organisations is HempWorx, and is the subject of my review today.
What Is HempWorx?
The company is around since 2014 with corporate offices in Las Vegas, NV, founded by Josh and Jenna Zwagil.
They run a typical MLM in the tradition of Avon and Mary Kay
They do call their distributors AFFILIATES and their pyramid structure Affiliate Program.
What Are The HempWorx Products?
Full Spectrum Hemp Oil
- Two concentrations - 500 mg and 750 mg of active Cannabidiol (CBD)
- Two flavors - Peppermint and Natural
- Full Spectrum and THC Free - the "THC FREE” version of the oils is for those that are subject to regular drug screening.
Renew Anti-Aging Cream
- The Renew Anti-Aging cream contains 50 mg of Active Cannabidiol (CBD).
- Revive Cream is quickly absorbed through the skin and contains 50 mg of Cannabidiol (CBD).
Relief Icy Pain Rub
HempWorx for Pets
Here is a PRODUCT LABEL if you are interested in details:
How Much Does Hempworx Cost?
They charge you $20 to become a Hempworx Affiliate, and in good old MLM fashion, you have the choice to purchase a product package priced from $59 to $599.
You also have the opportunity to purchase Hempworx products to Wholesale prices. The packages range from $1,100 to $10,000.
You may want to take a look at their Wholesale Packages to get an idea what the per-item prices really are.
The HempWorx Compensation Plan!
It’s an MLM alright, and whatever the reason may be, all MLM companies have compensation plans that require at least a .phd to understand these convoluted works of art …or should I say ‘deception’.
Anyway, I am not going to try and explain this convoluted mess, but if you are really interested, click this link and look it up.
Or watch the video below if you have 11 minutes to spare
How Much Money Can You Make with HempWorx?
What do you want to hear… hypothetically or realistically? I am known to tell it like I see it…straight forward and no bullshit.
I’ve been around when the grandmother of all MLMs made her first million. Mary Kay laid the groundwork for many MLMs to come. Personally, I don’t like this business model too much, remembering the little office in our house, full of cosmetics that never got sold, the sales parties almost every frigging weekend, and pouring over my wife’s sales figures that always showed the same result: she barely broke even.,
In fact, I do review MLMs quite often, kind of predicted Vemma’s down fall (shut down by FTC not too long ago), and have not come across ONE where more than 4% of all distributors, affiliates or whatever they call themselves, make a livable income.
IF you are one of the few with super recruiting talents and are able to build yourself a STRONG down line (and the emphasis is on STRONG), you have a good chance of making real money with HempWorx products.
Pros of Hempworx
Good Quality Products
The Hempworx products are good quality products derived from organically grown hemp, In addition, the products are 100% natural, without the addition of artificial colors or flavors.
Cons of Hempworx
I know, you all are waiting to hear the bad, and I am not going to disappoint you. There is not ONE company in the world that is without a CON or complaints against of some sort. It’s just the nature of the beast, as they say. Therefor, I am always looking for real game changers…’reasons to either avoid at all cost’ or to recommend a product or company.
Although HempWorx products tested as the purest and highest in quality (tested by neutral, 3rd party outfit), they are at the lower end of the price scale.
However, HempWorxs is paying high percentage commissions which are added, of course, to the price of the products.
HempWorx Is An MLM And You Will Have To Recruit!
First off, it is an MLM, and in order to make real money, you will have to do some heavy recruiting; in the beginning to build your down line, later on to maintain your down line.
It was Mary Kay that said so eloquently when asked about the revolving doors of MLM and the need to keep recruiting:
“It is like keeping the bathtub full with the drain open!”
And that is the main reason why I am not very fond of MLM.
It Is Not As Good A Business Opportunity As They Claim!
Listening to Josh Zwagil talking about the HempWorx Business Opportunity, you’ll get the impression that it is all about the product and how great the potential is to make a 6-figure income, or even more.
This is, in my opinion, overly optimistic, to word it nicely. It is misleading…the fact remains that 94% of Hempworxs affiliates will not make any profit, and most of them will lose money.
In reality, you know what is called 'the real world', only a very small percentage of 'Hempworx Affiliates' do make enough money to break even, or make a profit.
Take a look at the Hempworx Financial Disclosure for the business year ending in July 2018:
Hempworx merged with 'my daily choice'. Therefore, this statements covers the period of January 1st 2017 to July 1st 2018.
The bleak fact is that ONLY about 350 members out of approx. 95,000 earned enough money to cover their expenses at an average monthly income of $2,920.
No BBB listing
For what it's worth, Hempworx is not BBB (Better Business Bureau) accredited.
High Start-Up Cost
Hempworx loves to call their independent contractors 'Affiliates''. However, real affiliates don't have to spend money in order to promote products or services. Joining Hempworx requires to enter an agreement to place a 'monthly order' to qualify to receive commissions from their down line of recruited members. These monthly orders run from $59 to $599 and the percentage of commissions you receive is based on the amount of that order.
Is Hempworx A Scam?
No, it is not a scam. They have a great line of tangible products many people like, buy and use. They try to train their distributors as real affiliates as these guidelines prove.
The company puts up a great effort to avoid the mistakes many MLMs are making and try to stay clear of aggressive and often misleading recruiting techniques. However, at the end of the day, they are what they are…a Multi Level Marketing company with affiliates that can only earn real money by building and maintaining a large down line of like minded individuals.
Conclusion to My Hempworx Review
I hate selling with a passion, and I hate recruiting people even more; that’s the main reason why I love Affiliate Marketing. I love building and maintaining websites, writing reviews and providing content people are searching for.
So, if you feel like I do about MLM and selling but are looking for something real to beat the 9-to-5 rat race, you may want to take a look at My #1 Recommendation the program that taught me how to make a livable income from the comfort of my home.
However, the CBD industry is booming and forecasts estimate a market volume of $20 Billion by the year 2021. Opportunities like that don’t come too often and you may not want to miss out. Let me show you the way to ‘jump on the band wagon‘ and get YOUR share of a very large affiliate commission pie.
Click on this link and take a look at a website that promotes Hemp derived CBA products. And you can own a site like it yourself when you decide to follow my path and let Wealthy Affiliate show you how to become a successful affiliate marketer.
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