Welcome To My Review Is Bocannaco A Scam?!
You might have come across ads, posts, reviews and promotional emails on Bocannaco or about CBD oil products. Nowadays online is full of CBD oil promotion and you might be aware of its popularity.
People who are promoting CBD oil are claiming that it’s a miracle plant and also talk about business opportunities. Often they claim that CBD oil is a Billion dollar niche. That’s true!
In this review, you will find details about Bocannaco, on its products and the business opportunity they provide.
By the end of this review, you will have detailed information on Bocannaco that will help you in your decision making.
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Bocannaco Review Summary
Product Name: Bocannaco
Creators: John Daniels, Dr. Robert Lawrence, Barbara Lammons, and Mark Lammons
Launch Date: 2018
Product Type: Hemp Oil Products MLM
Best For: Experienced Network Marketers and People who like to promote Hemp oil products
Price: $99 per year + Products
Summary: Bocannaco is a new MLM company on the CBD oil niche founded in 2018 headquartered in Torrance, California. Inadequate information about the products, compensation plan, income disclosure, etc is some of the concerns.
Is Bocannaco Legit Or Scam? Legit
Is Bocannaco Recommended? No
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One Important Thing I Noticed On Some Review Posts
Doing your research is the best way to find legit and genuine programs and stay away from scams.
I appreciate you for taking the time to do some research on Bocannaco and that’s the best way to stay away from scams and to find genuine programs and products.
However, not all product reviews are genuine. There are some reviews written just to promote the product or program. So you need to be careful while basing your decision on the reviews you read.
I like to inform you that I am in no way associated with Bocannaco and I am not promoting Bocannaco to you.
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Frequently Asked Questions – FAQ
Below you can find some frequently asked questions for your quick reference…
What Is Bocannaco All About?
- Bocannaco is a new MLM company on the CBD oil niche founded in 2018 headquartered in Torrance, California. Inadequate information about the products, compensation plan, income disclosure, etc is some of the concerns.
How Much Bocannaco Cost?
- $99 per year.
Is Bocannaco A Scam?
Is It Possible To Make Money By Joining Bocannaco?
- Yes, if you are an experienced network marketer and good at networking with people.
Is Bocannaco A Pyramid Scheme?
Does Bocannaco Products Works?
- It depends on individual usage and there are no guarantees.
Are Bocannaco Products Approved By FDA?
Is Bocannaco Accredited By BBB?
Are You Recommending Bocannaco?
What’s Your Top Recommendation To Make Money Online?
- You can read my top recommendation below.
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Bocannaco Mission Statement
To provide our customers with the purest most effective hemp oil in the world! We love hearing about our product changing lives, and that’s what we strive to do. Let’s make a difference together!
This is not the first time I come across an MLM company having a mission to change people’s lives. This is a commonly used statement among many MLM companies.
Let’s see if Bocannaco can help us to do that.
What Is Bocannaco?
Bocannaco is a new MLM company that promotes hemp oil products and claim that they are World’s Best Active Driven Terpenes.
The main goal of Bocannaco is to provide the purest, most effective hemp oil in the world.
After the legalization of cannabis, there are 100’s of companies into this Hemp oil niche. And now the competition is quite huge in this niche.
Hemp oil is one of the most important byproducts of Hemp. It is rich in cannabidiols, especially CBD, a compound that has been claimed to be helping in managing many diseases.
They are also claiming their products are without THC (Tetrahydrocannabinol).
What Are The Products Offered By Bocannaco?
Bocannaco offers only a few products…
- Excalibur 1500mg active driven terpenes CBD Oil
- 1,000mg active driven terpenes CBD Oil
- BoccaCaine fast-acting gel – Pain relief
- Macy Mask – Skincare
- CannaGize – Energy Powder that claims to boost your immune system. It also improves your mood, attitude, well-being, and focus.
One of the disappointing things is… There is no much information about their products on their website.
Does Bocannaco Products Works?
Normally, if you notice the CBD products won’t claim that they can cure any diseases but there are personal testimonies claiming that it helped people with their diseases.
So, it depends on individual usage and there are no claims and guarantees.
How Much It Will Cost To Join Bocannaco?
It will cost you $99 per year to become their distributor. Apart from that, you need to buy their products. You will get your Bocannaco website and back-end support.
When The Payouts Are Made With Bocannaco?
Payouts are made weekly and monthly.
Bocannaco Compensation Plan
Again the disappointing thing is… There is no much information about their compensation plan on their website.
You can earn money with Bocannaco in three ways. They are…
- First Sale Bonuses
- Customer Residual
- Organization Residual
Below are the details of the first sale bonus and the requirements.
You will get a 15% retail commission on their products. When people join by paying $99 you get nothing but when they buy the products you will earn money as a commission.
Normally, MLM companies talk about numbers and math. By joining these many people you can earn this much and the people referred by you doing the same you will be earning this much etc.
Trust those are just numbers most of the time and not everyone achieves it.
For more information, you can read their 17-page compensation plan HERE.
You can also watch the below video that explains the Bocannaco compensation plan…
Who Is Bocannaco For?
For the experienced network marketers. If you can recruit new members consistently, market Hemp oil products and train members on how to do the same then Bocannaco might be a better option for you.
How Can I Make Money With Bocannaco?
You can make money with Bocannaco in two ways…
1. By selling their products.
2. By recruiting Distributors and by building your team.
Is Bocannaco Accredited By Better Business Bureau?
The sad news is Bocannaco is not accredited by BBB and they are not rated by BBB.
Are Bocannaco Products Approved By Food And Drug Administration?
I don’t think so. Bocannaco products are not approved by the FDA.
Pro’s and Con’s
→ Products Are Lab Tested
→ Quality Of Their Products
→ THC Free Products
→ Success Rate Is Very Low With MLM Business Model
→ Products Are Expensive
→ New MLM Company
→ No Adequate Information
→ No Income Disclosure Statement
→ To Make More Money You Need To Recruit More People
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Is Bocannaco A Pyramid Scheme?
No, Bocannaco is not a pyramid scheme. They do have products that claim they can help you. Often a pyramid scheme doesn’t have any products or it totally depends on selling their own system.
Is Bocannaco A Scam?
No, Bocannaco is not a scam and it’s a new company so I can’t find much information about them, including complaints.
However, I don’t recommend Bocannaco for the below reasons…
Reason 1 – Low Success Rate Of MLM Business Model
The success rate with any business that uses the MLM business model is going to be less.
Many studies and stats revealed that making money in the MLM business model is very hard and the success rate with the MLM business model is very low.
Only very few people succeed with the MLM business model and most of them are experienced network marketers and the people who joined the MLM company in the initial period.
For more information, you can read my post “Network Marketing vs Affiliate Marketing – Pros And Cons“.
I am not saying you cannot make money with MLM. Some of my friends who are making good money with MLM. But they are experienced, network marketers.
Also, only a few are doing it and many lost their money including myself by trying different MLM companies.
Reason 2 – New MLM Company
Often it is said that most of the MLM companies get shut down in 2 year’s time so there is a threat until they pass that 2-year mark. Since Bocannaco is a new company we don’t have adequate information about them.
Reason 3 – No Adequate Information
One of the big concerns is they don’t have adequate information about their products, compensation plan, etc. Very very basic information on their website.
Reason 4 – No Income Disclosure Statement
There is no Income Disclosure statement on their site based on my search and this is a big red flag for me.
However, based on my experience more than 70%-80% of people lose their money with MLM business model.
Reason 6 – Expensive Products
Normally one common thing I noticed with all the MLM companies is… Their products will be very expensive. With Bocannaco it’s the same. When you do some research online similar kinds of products are available for a cheaper price.
Thanks for reading my review post!
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