Welcome to this HempSMART review.
Since the 2018 farm bill was passed, we have seen an enormous increase in hemp CBD oil-based companies to the point that, can this really be sustained or is it killing the industry?
Not just your straightforward direct sales and distribution businesses, but many MLMs coming online with their own brand of products, attempting to corner the market, not just with sales but offering home-based businesses as well.
If you weren’t aware of just what an MLM is, then you might like to read this article before you pursue this review further.
Now that’s out of the way, and you’re a little savvy as to what you could be getting yourself into, let’s continue.
In such a short period of time, Marijuana Company Of America Inc, the parent company of HempSMART has strategically placed themselves in the UK and other European countries in preparation for “THE BIG BOOM”.
Amongst this influx, you are going to find many businesses who are more interested in making money than providing a good service for the consumer.
Therefore, we are here to highlight and to present you with the facts so that you can make an educated decision.
Is HempSMART a worthwhile company, not just to purchase the products from but potentially a good business opportunity to get involved with?
OK, less of the small talk and let’s get right into this Hempsmart review.
[Affiliate Disclosure: This post may contain affiliate links which means I may earn a small commission if you purchase anything through one of the links. However, this will not affect what you pay!]
Parent Company: Marijuana Company Of America Inc
Location: Escondido, California
Founder: Don Steinberg and Charlie Larsen
Video Channel: YouTube
Product description: Network marketing business or MLM, selling organic CBD Oil and offering business opportunities to marketers.
Cost to join: $49.00 + 4 additional Fast track packs if required.
Price of products: $24 – $99, HempSMART Business Pack $899
Recommended: Yes and NO – I can’t recommend MLM businesses based on past experiences.
However, there is money to be made if you come with plenty of experience, but I wouldn’t recommend newbies, who are looking to build their very own home business and make a living from.
Internal Summary and Navigation
- What is HempSMART and who are the founders?
- Is HempSMART a Pyramid Scheme?
- Let’s look at the HempSMART products range
- CBD and THC and the Benefits of CBD
- HempSMART Business Opportunity – What you need to know
- What others say about HempSMART
- What I like about HempSMART
- What I don’t like about HempSMART
- Is HempSMART a Worthy Business to get involved with?
- Feedback, Follow and Subscribe
What is HempSMART and who are the founders?
HempSMART is a subsidiary of their parent company Marijuana Company Of America Inc and based in Escondido, California and founded by Don Steinberg and Charlie Larsen, to cater for the Hemp CBD Oil Industry.
HempSMART uses the farm, Covered Bridge Acres Ltd, based in Scio, Oregon with anywhere from 40,000 to 50,000 plantlets grown at any one time, with a CBD content ranging from 12 per cent to 15 per cent.
Apart from their headquarters based in the US, they have recently set up operations in both the UK and The Netherlands to obviously take care of the European continent.
They see this as the right time with plans to branch out even further with additional countries in Europe along with countries in Asia, South and Central America.
Here you can listen to a company presentation!
Is HempSMART a Pyramid Scheme?
Let’s get this out of the way before we continue!
A question that many ask when we start talking about MLMs are Pyramid Schemes and whether HempSMART is one or not!
If you didn’t know, then let me explain a few things.
All MLMs seem to be under a cloud of mystery, due to the way they operate on a business level and the way you (in this case) as a HempSMART business owner gets paid.
Lack of been upfront about certain practices, like not having a payment disclosure, in many cases a complex compensation plan, and sometimes even hiding behind a product helps to reinforce the confusion.
With HempSMART, they don’t have a payment disclosure, but the compensation plan is pretty straight-forward and they have what I see as some good products, (although I can’t find any reviews to indicate that) which tells me that HempSMART is not a pyramid scheme.
It should be highlighted that all businesses operate in a pyramid style, whether MLM or other.
The Network Marketing Industry has taken some hits, and quite rightly so because the Internet is a minefield for Scams and it will continue to be so.
Let’s look at the HempSMART products range
The product range at HempSMART is pretty extensive with 18 products as of this review with additional product lines in the pipeline.
You can check them out below to learn a little more about the products or click on the link at the end of this section to view the products on the HempSMART website.
- HempSMART pain cream – $69
Provides relief from aches and pains and usually takes around 30 minutes to kick in. According to HempSMART, this is one of their best sellers.
- HempSMART Brain – $83
This product is pretty unique in the market-place, but I for one wouldn’t be trying it.
Similar to a nootropic drug that is supposed to stimulate and improve the brain. Something from a science fiction movie, right?
In recent times, best portrayed by the actor Bradley Cooper in the film “Limitless”
- HempSMART Full Spectrum
HempSMART 250mg Full Spectrum Lemon Drops – $30 HempSMART 500mg Full Spectrum Lemon Drops – $60
HempSMART 250mg Full Spectrum Orange Drops – $30 HempSMART 500mg Full Spectrum Orange Drops – $60
HempSMART 250mg Full Spectrum Strawberry Drops – $30 HempSMART 500mg Full Spectrum Strawberry Drops – $60
HempSMART 250mg Full Spectrum Mint Drops – $30 HempSMART 500mg Full Spectrum Mint Drops – $60
- HempSMART 250mg Full Spectrum Pet Drops – $30
Bacon-flavoured so your pet
will should, LOVE them. Coconut oil is added for bioavailability and superior absorption.
I know for a fact that my Siamese cat would go nowhere near them. I’d prefer to ensure the cat had a good life and was treated well.
Who knows what side-effects our animals could be suffering from and in silence too.
- HempSMART Drink Mixes
I’m not sure just why I would want to drink tea with CBD oil in amongst it, but who am I to judge.
Smart 35mg Ginseng Green Tea Drink Mix – $24 Smart 35mg Lavender Honey Drink Mix – $24 Smart 35mg Lemon Raspberry Tea Drink Mix – $24
- HempSMART Business Development Pack = $899
Almost the full range of HempSMART products for you to take around and spin the sales patter.
You can check out the full range on their website with additional information regarding what the product does and the various certificates attached to the products by clicking here.
CBD and THC and the benefits of CBD?
Before we get into the why’s and what’s, it is important to note that there are 2 important elements that we have to look at because without these there would be no CBD and THC.
That’s CBDA and THCA which are both precursors that convert into CBD and THC.
Ongoing studies have found that CBDA in its present raw state is many times stronger than CBD, and found that used together could have enormous benefits.
Watch this interesting video that explains it in more detail.
So we know how CBD and THC are produced, a little about the difference and benefits of CBD and THC?
Check out this short 4-minute video which goes into more detail about the differences and the effects between CBD and THC in both plants.
Some of the conditions according to on-going studies that could benefit from the use of CBD Oil.
Pain is the number one condition and that can come from many different sources and the list would be endless, but it’s the level of pain that controls everything about us.
Arthritis will affect most of us at some point in our lives and for many, stressful times, but CBD oil due to its anti-inflammatory benefits could help to ease the pain.
- Cancer Treatments
Through ongoing studies, it is thought that CBD oil could help to reduce the symptoms of nausea brought on by chemo and other cancer treatments.
- Anxiety and Depression
A major factor in our lives and everybody will go through this at some point, and if not dealt with could result in people dying.
This could also be down to the medication that is prescribed due to addiction in many cases along with side effects.
CBD oil is reported to have a calming effect with no or very little of the side effects that come with many medications.
In studies, it was reported that the anti-inflammatory and antioxidative properties could help reverse high blood pressure in people, which is a major concern for heart disease victims.
In fact, we could go on and on but at the end of the day, these are studies and not concrete evidence that CBD Oil actually works, but people are desperate in many cases for any sort of pain relief and will try anything.
It could also be that with listening to all these videos and sales tactics that they have implanted a placebo effect in the sub-conscious.
HempSMART Business Opportunity – What you need to know
Before you decide to splash out the cash and join, one important thing we need to discuss is the compensation plan which explains how you are going to get paid.
More than often, these compensation plans are over-complicated and I’m sure you have an idea why, but the HempSMART compensation plan is pretty straightforward and we’ll get into that in a few minutes.
How to Make Money With HempSMART
There are 3 ways that you could make money from Hempsmart, which is pretty common amongst MLM companies.
- Purchase the Hempsmart products yourself and save with discounts.
- You can sell Hempsmart products to other people.
- Recruit other people to become affiliates and build your downline.
The emphasis has to be on the product and not recruiting others to escape peering eyes ready to pounce and investigate whether they operate as a “Pyramid Scheme” or not. A Ponzi scheme in the financial sector!
You won’t get paid for recruiting others, instead, you will make a commission on what your “Team” or “Downline” sell.
What it will cost you to join HempSMART
There are 5 association membership options when joining HempSMART.
- Associate Registration Pack worth $49
The association registration pack is what everybody gets, the additional registration packs which you aren’t obliged to purchase, include products for your own personal use.
- This entitles you to a 15% discount which you are able to sell at retail.
- You are able to recruit others to join your immediate team.
- Also means you could be rewarded and compensated for performance.
- Your own duplicate website or eCommerce store for your customers.
- Access to the management back office.
- Access to a training resource centre.
- Premium business training.
- Special offers.
- 24/7/365 Support.
Followed by these additional FastTrack Registration Packs if you feel they are required.
- HempSMART pet drops * 2 Full Spectrum bottles – $99
- HempSMART 250mg * 2 mint/strawberry drops – $99
- HempSMART beauty * 2 face moisturizer/body Cream – $124
- HempSMART pain cream * 2 – $149
The HempSMART Compensation Plan
As I have mentioned earlier, most compensation plans are complex and in many cases come to you by way of a pdf with 40+ pages that I have come across in the past.
The Hempsmart compensation plan is just the one page and pretty easy to follow and therefore I am not going to go into any great detail. You can find the link at the end of this section.
There are 5 ways that you can make money with the HempSMART compensation plan…
- Retail Bonus
- Personal Profit
- Downline Commissions
- Leadership Bonus
- Pacesetter Bonus
The link to the HempSMART Compensation Plan pdf is right here.
Can I really make a good living joining HempSMART?
If you are new to making money online then the ODDS that you fail with any MLM type business is GREAT.
People join and leave all the time because of promises, and because people fall for all the crap of how easy it is to earn a good living from. I know because I did it!
Making money in any MLM is based on how many you can recruit and how successful they are at selling their products.
You are their sponsor so you should be training and guiding them, but if you are new to this then you have to rely on your sponsor to teach you the ropes, and in many cases, your sponsor will be too busy trying to recruit others.
Whilst your sponsor and you are recruiting others, more and more of your teams will be leaving, period.
It is a known fact that between 50%-65% and those could be conservative figures do not continue after 12 months. This is not BS, this is a fact, period!
It’s a perpetual circle!
What others say about HempSMART
When I research a product the first thing I do is look for reviews and I know many of them just can’t be believed, but if there are enough of them then that’s different.
Unfortunately, I tried all the usual 3rd party review sites but was unable to find any, which should tell you something.
If the products and business opportunity are so great then why aren’t there reviews all over the place. Strange I know!
Anyway, I did manage to find 2 HempSmart reviews.
What I like about HempSMART
- Products are reasonably priced compared to other businesses.
- Relatively low cost to become an affiliate.
- HempSMART has a wide selection of products to choose from.
- Multiple membership options.
- Owned by a recognized company who have been active in the cannabis industry for some time now.
- 3rd party testing.
- Organically Grown.
- THC Free.
What I don’t like about HempSMART
- CBD Oil Market over-crowded.
It’s not too long ago now when you had to purchase the CBD Oil illegally and since 2018 everybody as gone crazy, with businesses popping up all over the place.
Could it be that we may be seeing the end for many businesses in the CBD oil industry especially MLMs because the demand for this product can only stretch so far?
- No income disclosure.
Another biggie for me is that MLM companies aren’t prepared to open their books and disclose incomes.
- Multi-level-marketing business model.
Any MLM just doesn’t do it for me, but don’t get me wrong you can make some money but bear in mind that it is normally the top 1-2 % who actually make any real money.
- Not accredited by the Better Business Bureau.
Usually, a good place to check for complaints amongst good business practices.
As of writing this review HempSMART aren’t even registered with BBB.
- The website leaves a lot to be desired.
Coming from a software development background I see the HempSMART website could do with a total revamp.
I don’t know about you but it’s the little things that annoy me and a great website speak volumes.
- Customer reviews.
What I find hard to grasp is the total lack of customer reviews on any 3rd part website.
I couldn’t even find a solitary product review on their website.
Is HempSMART a Worthy Business to get involved with?
When it comes to any MLM business I am on the fence due to some bad experiences in the past, but I’m sure you have heard this many times before if you are researching home business opportunities.
However, what you need first and foremost is a great product, so does HempSMART fall into this category? Yes, I’m sure it probably does!
All the same, I wouldn’t advise newbies going down this road if it’s a change of career you are looking for.
On the other hand, if you come with bags of experience in network marketing then yeah, go for it.
If you are reading this then I can assume you are thinking about maybe joining an MLM. I have tried them without any success so I will leave that to you!
I know people who have lost literally thousands through MLMs and what happens when/if the business folds?
Where does that leave you?
Out of pocket and with no business to show for all your hard work, unless you took a website with you when you joined, but the chances of any newbie having a website are pretty slim, and besides all your marketing content will be no longer valid.
Newcomers to making money online won’t have a website and they won’t have an email list either, the 2 important things you do need.
Why not do what I did and create your own Online Business
That way there is only one person who can fail, and that’s you and not some online business opportunity you choose to try out.
As I mentioned, I have tried the MLM route and nearly gave in trying to make money online, but stuck to my guns and eventually found a way.
Finding the right training took a little time due to my scepticism through the bad experiences I’d endured.
Even when I thought I’d found the right training platform I was still hesitant, but hey I have gone through that and you don’t have to.
If you are interested, the training comes from Wealthy Affiliate, a platform dedicated to newbies like you and like “I used to be”
Take a passion of yours and turn it into a successful online business, mind you, if you are looking for an overnight success, then this is not for you.
All businesses take time and it all depends on how much you want it, but follow the easy training and hard work and you could be earning, well the sky’s the limit really.
The beauty about this training is that it’s not going to cost you a dime to see if it works, not like any MLM businesses that are out there.
Feedback, Comments and Subscribe
Well, I hope I’ve shed some light on the world of Multi-level-marketing businesses, especially HempSMART.
Have you had a bad experience in the past with any business opportunity, and not just an MLM, then why not share amongst us.
If you are looking for any advice whatsoever then feel free to give me a shout and pop any questions you have in the comments field.
Until next time, stay safe!