Welcome, To My Review Is hempSMART A Scam?!

Is smarter mental health a few drops away? Can you make money and fulfill your dreams by joining hempSMART? Is hempSMART a scam? You will find answers to these questions and even more in this review.

In this review, I will walk you through the pros and cons, products, pricing, FAQs, ranks, and compensation plan of hempSMART. You will also get the answer to the question Is hempSMART A Scam?

Nowadays, CBD oil promotions are everywhere online. There is no doubt that the CBD oil niche is a booming industry. There are 100’s of MLM companies promoting CBD oil products. It is really a big challenge to find genuine products and business opportunities in the CBD oil niche.

By the end of this review, you will have enough information that will help you to make an informed decision on whether to join hempSMART or not.

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hempSMART Review Summary

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Product Name: hempSMART

Website: hempsmart.com

Founder: Donald Steinberg (Founder and CEO)

Launch Date: March 2019

Product Type: MLM Company In The CBD Oil Niche

Best For: Experienced internet marketers and for those who love hempSMART products and are happy to promote it via direct selling.

Price: $49 + Products Purchase

Summary: hempSMART is a multi-level marketing company in the CBD oil niche. They are a new company just launched in 2019 and they sell their products in the USA, Europe, and Netherland.

Rating: 40/100

Is hempSMART Legit Or Scam? Legit

Do I Recommend hempSMART? No, I don’t recommend hempSMART

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One Important Thing I Noticed On Some Review Posts

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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 find out more information on hempSMART.

You might have come across a lot of testimonies, ads, posts, and promotions on many CBD oil companies. Unfortunately, many people who promote these companies are focused on selling instead of helping people.

There are a lot of things you need to consider before joining an MLM company. So you need to be careful while making your decision based on the reviews you read.

I’d like to inform you that I am in no way associated with hempSMART and I am not trying to sell hempSMART products to you.

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Frequently Asked Questions – FAQ

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Below you can find some frequently asked questions for your quick reference…

What Is hempSMART All About?

• hempSMART is a multi-level marketing company in the CBD oil niche. They are a new company just launched in 2019 and they sell their products in the USA, Europe, and Netherland.

How Much hempSMART Cost?

• $49 + Products Purchase

Is hempSMART A Scam?

• No, hempSMART is not a scam.

Is It Possible To Make Money By Joining hempSMART?

• Yes, if you are an experienced network marketer. However, if you are a newbie it is not going to be an easy task.

Is hempSMART A Pyramid Scheme?

• No, hempSMART is not a Pyramid scheme.

Is hempSMART Accredited By Better Business Bureau?

• No, hempSMART is not accredited by BBB and they are not rated by them.

Are hempSMART Products Approved By Food And Drug Administration?

• No, hempSMART products are not approved by the FDA.

Are You Recommending hempSMART?

• No

What’s Your Top Recommendation To Make Money Online?

• You can read my top recommendation below.

If You Are Tired Of Scams & Products That Under-Delivers. My Free Guide Will Be A Greater Help. I Know This Because The Same Process Helped Me To Become My Own Boss.

hempSMART Statement

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You can see some of the statements mentioned on the hempSMART website.

• Enrich Your Body, Inside, And Out.
• CBD TO MAKE YOUR BODY HAPPY
• Make Money & Fulfill Your Dreams
• Fueled By Nature, Hand Crafted For You
• Improve Your Health Enhance Your Life

What Is hempSMART?

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hempSMART is a new MLM company founded by Donald Steinberg and launched in March 2019. They sell CBD-based products.

They are the subsidiary of the Marijuana Company Of America. MCOA is a publically listed company. hempSMART is based in Escondido, California, and also has an office in West Midlands, United Kingdom.

Not only in the USA, but it also sells CBD products in the United Kingdom and the Netherlands. The HempSMART Products Are THC Free.

What Are The Products Offered By hempSMART?

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They offer products in the following category.

• Comfort
• Beauty
• Health
• Immune Support

Some of their best-sellers are…

• HEMPSMART BODY – CBD INFUSED BODY CREAM – $50.00
• HEMPSMART BRAIN – Memory & Focus – $83.00
• HEMPSMART PAIN CREAM – CBD & Synergistic Actives – $69.00
• HEMPSMART 500MG FULL SPECTRUM STRAWBERRY DROPS – Botanical Supplement – $60.00

To have look at all the products they offer you can Click HERE

Are hempSMART Products Worth Their Price?

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hempSMART products are a bit expensive and this is a common thing with most MLM companies. Since the CBD market is highly competitive you can find similar kinds of products at cheaper rates.

Does hempSMART Product Works?

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Although there are many testimonies on CBD oil in general, there is no scientific proof that CBD oil products work.

The answer to the above question is, it depends on the individual user. hempSMART is claiming that “products described herein are not intended to diagnose, treat, cure, or prevent any disease”.

How Much It Will Cost To Join hempSMART?

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You have 3 packs available to register with them. It will cost you $49 to become a hempSMART Associate. You will get a 15% discount and a website with your tracking link.

• Associate Registration Pack worth $49
• Fast Track Registration Pack (250 mg) worth $99
• Fast Track Registration Pack (500 mg) worth $129

hempSMART Compensation Plan

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I always find it difficult and confusing to understand the MLM compensation plans. There are so many ways to earn money with them with different criteria. hempSMART is also having different ways to make money with them.

Below you can find the compensation plan of hempSMART.

5 Ways to earn Money with hempSMART

1. Retail Bonus
2. Personal Profit
3. Downline Commissions
4. Leadership Bonus
5. Pacesetter Bonus

Retail Bonus – Depending on your rank your discount percentage varies on the products you buy from hempSMART (10% – 30% discount).

Personal Profit – Purchases that qualify for less than a 30% discount pay the upline Sponsor the difference between their discount level and the purchaser’s discount level. This profit is paid weekly.

Downline Commissions – Based on your team group volume (monthly) you will be paid commission up to 8 levels deep. To qualify for this commission you need to hold at least the Active Associate rank with a group volume of 1000 GBV (monthly). This commission is paid monthly.

Leadership Bonus – When you enroll 2 Active Associates within 7 days of joining hempSMART you will be eligible for a $250 bonus. If you enroll 2 Active Associates within 14 days of joining hempSMART you will be eligible for a $150 bonus. This bonus is paid weekly.

Pacesetter Bonus – In order to qualify for this bonus you need to have 5 new smartship customers. This bonus is paid monthly. You have two options for this bonus…

1. You can get $100 in cash (or)
2. You can get $250 in hempBUCKS

You can read the compensation plan HERE

Below is the video that explains their business opportunity…

Ranks

Below you can find the ranks with hempSMART.

• Customer On A/S
• Associate
• Active Associate
• Manager
• VIP Leader
• Bronze VIP
• Silver VIP
• Gold VIP
• Platinum VIP

Who Is hempSMART For?

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Experienced network marketers. For the people who love hempSMART, who can recruit new members consistently, market hempSMART products, and train members on how to do the same.

How Can I Make Money With

hempSMART?

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You can make money in two ways…

1. By selling their hempSMART products
2. By recruiting Independent Consultant and by building your team.

Is hempSMART A Member Of Direct Selling Association?

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I am not able to find their company name on the dsa.org website.

Is hempSMART Accredited By Better Business Bureau?

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No, hempSMART is not accredited by BBB and they are not rated by BBB.

Are hempSMART Products Approved By Food And Drug Administration?

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No, products are not approved by the FDA. Read their statement below…

• Statements appearing on the Site have not been evaluated by the FDA. The programs and products described herein are not intended to diagnose, treat, cure, or prevent any disease. Always consult your physician or health care professional before starting this or any other health and wellness program. If you are under the age of 18, pregnant, lactating, are allergic, or have any other medical condition, please consult a physician before use. Discontinue use if any allergic reaction occurs. Diabetics: Use only under direct medical supervision. KEEP PRODUCTS OUT OF THE REACH OF CHILDREN.

hempSMART Lawsuits And Complaints

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They are very new so the complaints are also very less in numbers and there is some positive feedback as well. Based on my research I didn’t find any major issues or lawsuits.

Google Trending

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The Google Trending or the interest on hempSMART is not going up and it’s not a good sign. You can see it HERE

Pro’s and Con’s

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The Good:

→ Backed By A Famous And Legit Company Called Marijuana Company Of America

→ hempSMART Products Are THC Free

→ Low Start-Up Fee

The Bad:

→ No Income Disclosure Statement

→ Success Rate Is Very Low With The MLM Business Model

→ CBD Market Is Very Competitive And Crowded

→ The Effectiveness of CBD

→ To Make More Money You Need To Recruit More People

→ Selling MLM Products Is Not easy – Expensive Products

Is hempSMART A Pyramid Scheme? 

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No, hempSMART is not a pyramid scheme and they do have a wide range of products with a money-back guarantee.

Is hempSMART A Scam?

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No, hempSMART is not a scam. They have a wide range of products. However, you can find some of my concerns below.

No Income Disclosure Statement

I am not able to find their Income Disclosure Statement. However, we can understand they just started last year and we can expect the income disclosure statement in the upcoming months.

But the Income Disclosure Statement is the one that gives us clear data on how much people are earning with the company.

Although there is no Income Disclosure Statement with hempSMART based on my research and experience (I have reviewed 300+ make money online programs and products on this website), with the companies that follow the MLM business model a very few people are making a reasonable amount.

CBD Market Is Very Competitive And Crowded

As I mentioned before CBD oil is a booming and Billion dollar industry the competition is very high. There are 100’s of companies competing with each other and promoting their products. CBD oil niche is a crowded one.

Without experience and a big team, it’s going to be a big struggle to succeed here.

The Effectiveness of CBD

There is a lot of controversies on the benefits of CBD oil. It is not legal in many states of America and not allowed in many countries.

Although the CBD market is growing and booming, CBD has not yet been proven scientifically that it will help with all the health and beneficial claims that many CBD companies are making.

It’s A New MLM Company

Since hempSmart was launched in March of 2019 it’s relatively a new company. Many see this as a positive thing because they feel that you need to join the MLM company in the early stages to make more money and your chances are more to reach the top of the ladder easily.

However, many see it as a negative thing because of the risk involved. Once I read many MLM companies are closed within the 2-year mark. hempSMART is yet to cross the mark while writing this review (I am writing this review on the 22nd of April 2020).

Selling MLM Products Is Not Easy

As I mentioned the competition is very high in the CBD market and there are 1000’s CBD products available in the market. While doing some research I found the same kind of products available at a cheaper price compared to hempSMART products.

So selling CBD products is not an easy task. On the other hand, to speak the truth if we start to promote MLM products or MLM business opportunities people are trying to run because of the bad reputation of the MLM business model.

I am not saying the MLM business model is bad or illegal. But people are afraid of the MLM business model so selling products is not going to be an easy task.

Often promoting MLM products to our friends and family jeopardized their relationships.

Success Rate Is Very Low With The MLM Business Model

For sure hempSMART is not a scam and has good products. They use the MLM business model and even with the popular and genuine MLM companies many people are earning very little and losing money.

Only very few people make good money with the MLM business model. That’s the reason I often say the success rate is very low with the MLM business model. Newbies and people on the bottom of the ladder lose their money.

Not only with hempSMART with the companies that are using the MLM business model the success rate is very low.

For more information, you can read my post “Network Marketing vs Affiliate Marketing – Pros And Cons“.

I am not against the MLM business model and I am not saying you can’t earn money with MLM. All I am trying to say is the success rate with MLM is very less and many people fail with MLM business.

Among the 26% of people who made money nearly 14% made less than $420 a month (less than $5000 per year). So you can see a very less number of people make money via the MLM business model.

Often they are the people who joined when the company started and who have a big team under them and they are on the top of the ladder.

To Make More Money You Need To Recruit More People

To make more money you need to be in the higher rank and to be in the higher rank you need to have a big team under you and to have a big team you need to recruit more members or push the members in your team to recruit more people.

So recruiting people plays an important role in any MLM business model.

Thanks for reading my review post!

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My Earnings

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How I Make Money Online? 

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“Success Is A Learnable Skill. You Can Learn To Succeed At Anything.” — T. Harv Eker

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