Have you heard of the term CBD MLM? This article will be all about multi-level marketing in the CBD industry, so make sure to stick with us.
As we all know, CBD products and companies are experiencing a worldwide expansion. As more and more countries legalize the substance, we will see an increased demand for medical cannabis.
Furthermore, medical marijuana represented the highest rising supplement in 2020. As if that wasn’t enough, CBD oil is now seen as the most popular item on the herbal market.
Like everyone else, MLM companies (multi-level marketing) are trying to profit from this trend. As a result, the number of MLM companies taking part in the cannabis industry increases daily, and it makes sense to partake in this craze.
This CBD trend is especially noticeable in the US. In 2018, the US passed a new Hemp Farm Bill that completely legalizes hemp and CBD products. So as long as your items have less than 0.3% THC, there is nothing to worry about.
Nowadays, you can plant, harvest, distribute, sell, and purchase medical marijuana in almost all the US. This is a major step forward, not only for cannabis companies but also for patients who now have a solution to some of the most severe medical conditions.
Unfortunately, given the bad reputation of CBD and MLM, many experts are skeptical regarding the long-term sustainability of this particular business.
Due to this, we now have a surge of subpar cannabis products and companies who just want to cash in on this trend, even if it means leaving customers high and dry.
Is CBD MLM sustainable?
If you have considered CBD MLM, your first question is whether or not this niche has a future.
This makes sense. Given that cannabis products were so notorious until recently, most entrepreneurs are still skeptical about it.
If you add potential risks to the MLM model, you clearly see why some people would have an aversion.
Most CBD MLM companies have started their operations in the last two years. This coincides with the US Farm Bill.
Unfortunately, a lot of the websites seem relatively unprofessional. Some companies don’t have social media, and many of those who have it are not particularly active.
Other indications would point out a low quality of service provided. But, of course, this isn’t something that goes for all companies.
No matter what, if you’re willing to try your hand at CBD MLM, it is imperative to perform thorough research before you do so.
Many companies are implementing a cash-and-grab model, where they’re trying to get as much money as possible in a short period without actually providing a quality product to consumers.
To help you find the right companies, we have created a shortlist of the best CBD MLM providers in 2020. Check it out!
Kannaway
Kannaway CBD company has a great system. It allows people to make money while also using their CBD products.
So, if you’re a medical cannabis user, you will probably be glad to cooperate with them. They have various fantastic CBD oils, tinctures, salves, and capsules.
Kannaway also has a great selection of CBD edibles. But, there is much more to this company than medical marijuana. They also have essential oils and skincare items.
They utilize various herbs besides cannabis, ensuring that the customers have the best mixture of nutrients for their bodies.
If you’re just into CBD, Kannaway has two main CBD oils to choose from: The Premium Hemp Oil Capsule and Pure CBD Capsules.
Both of them are around $100, but when bought on wholesale, you can get them for a significantly lower price. All cannabis products made by this company are created through CO2 extraction.
As if that wasn’t enough, they also perform regular lab testing to ensure that all their items are top-notch. But, unfortunately, according to users, the biggest issue with Kannaway CBD products is their price.
They are much more expensive than their competitors, which drives away many potential customers. Kannaways’ compensation plan can also be a bit too complex. It revolves around building a sales team.
CTFO CBD
CTFO CBD has a promising approach for reeling in new members. First, they simply provide free membership, alluring for many medical cannabis enthusiasts.
Given that the company is reputable enough, this alone may force your hand into joining them. In addition, CTFO CBD’s oil is very affordable, similar to their other marijuana products.
They have sprays, vapes, edibles, and many more. The company categorizes products based on their utility; you can buy skin substances, CBD items for pain, hair, etc.
However, they don’t have anything unique. Most of their items are similar to medical cannabis items that you can find on other websites.
What sets them apart is their amazing CBD oil sprays. In addition, they incorporate some other ingredients besides cannabidiol, which gives them increased potency.
For example, they rely on products such as green tea, coffee, coconut oil, etc. According to the company, the hemp used for their products is much purer than that used by their competition.
To prove this claim, CTFO CBD has performed various lab testing. Unfortunately for them, it turns out that their products are not as pure as they claim.
So, that is one thing you need to be careful about. Nevertheless, the company claims that all their items are of high quality, and based on the user experience, it seems that this claim holds true. In addition, CTFO CBD performs regular lab testing and reveals all the results on their site.
My Daily Choice
My Daily Choice gets all its products from HempWorx so, if you’re a fan of HempWorx, you will probably be satisfied with what My Daily Choice has to offer.
They have two categories of items for their clients. The first category is represented by their signature CBD oil, while the second category involves sprays.
So, why the categorization? It is because both of these items have entirely different ingredients.
As such, they provide a different set of potential benefits to their users. Sprays are categorized into 6 smaller groups with products such as Sleep, Brain, Peak, Shield, Boost, and Trim 365.
Based on their names, you can quickly realize that each has a different use. In fact, they work similarly to other supplements that you can find on the open market.
But, keep in mind that My Daily Choice sprays are much more effective than drugstore supplements because of their mode of administration.
Instead of being swallowed, they are sprayed into your nostrils, which quickens and improves absorption. Still, that doesn’t mean they will provide a better effect.
The company has a simple model for earning. If you’re a member, you can make a commission of 25%. If you get to a higher rank, this commission can go all the way up to 50%, which will be a good motivation for some people to give My Daily Choice a chance.
The company uses a product volume model for commissions. But, unfortunately, they also rely on team commissions. If a team manages to meet its objective, they can get a share of sales, from 8 to 20 %.
Young Living Nature’s Ultra CBD
This company was created when Young Living Oils purchased Nature’s Ultra in July 2019.
Given that Young Living Oils is one of the biggest oil suppliers globally, the new-founded company now has control over 1,500 acres of hemp.
These farms are located in Colorado. This makes it easier for the organization, given that this state is at the forefront of the marijuana business in the US.
But, this purchase didn’t change how the company does its work. They still have various CBD items sold and distributed according to the law.
You will be glad to hear that the company’s products are all organic. In fact, they’ve become the first hemp farm in the US to have an organic handler’s certification, which was acquired from the USDA.
Nature’s Ultra has a hands-on approach, and they are very diligent regarding hemp’s growth from the earliest stages. They also like to keep in touch with their clients, which is why they’re getting a lot of positive publicity.
Like all other companies on the list, Young Living performs lab tests ensuring their items are completely THC-free. They also have a Concierge FAQ section that helps inexperienced users.
But, they also have a section for advanced users where you can find many relevant cannabis videos and news.
Conclusion
If you’re interested in CBD MLM, you should definitely give one of these companies a chance.
While they are not ideal and present specific false claims, most of their partners are satisfied with the relationship.
Of course, if you want to learn more about cannabis in general, or if you’re interested in CBD SEO, you should check our site for additional information!