Direct selling companies will sell $300 million worth of cannabidiol-related products in 2018. Interested in network marketing? Here are the 13 top MLM companies for 2021-2022. The best CBD multi-level marketing businesses for direct selling.
Direct Selling Companies Lead Global Market in Sales of Cannabidiol (CBD) Products
PLANO, Texas–( BUSINESS WIRE )–Direct selling companies will sell $300 million worth of cannabidiol-related products in 2018, making direct selling the largest channel of distribution for the rapidly growing CBD product sector.
“Interest in cannabidiol, or CBD, is rapidly transforming the consumer product landscape,” says Todd Eliason, publisher and editor in chief of Direct Selling News (DSN), which conducted the research. “The trends also indicate that global direct selling sales of CBD products could exceed $1 billion by 2020. Established companies as well as a growing number of startups have begun announcing their entry into the market.”
CBD is one of the hundreds of cannabinoids found in the Cannabis sativa plant. The ingredient is being credited with a growing list of health benefits and, as a result, companies from virtually every consumable category, including beverages, dietary supplements, skin care and pet products, are actively exploring business in the market.
In its most recent study, Direct Selling News has identified at least 25 direct selling companies that already have entered the CBD space. These companies, sometimes referred to as network marketing companies, all opt to use a network of independent salespeople to sell their products, often on a person-to-person basis, rather than a more traditional retail channel of distribution. They include, but are not limited to: Kannaway, the direct selling arm of California-based Medical Marijuana Inc. (OTC: MJNA); and California-based Youngevity International (NASDAQ: YGYI), which is currently ranked at No. 89 on the DSN Global 100 list of the world’s largest direct selling companies.
“With an ingredient that is as easily misunderstood as CBD, the direct selling channel may prove to be the perfect fit for companies seeking channels of distribution,” says Eliason. “Direct sellers and network marketers are known for their one-on-one training and education methods that can meet the consumer on a personal level even if it’s the first time they’ve heard of CBD oil. That personal connection and ability to address specific misconceptions has the potential to create a loyal customer base.”
Direct Selling News will be exploring the many factors related to direct selling companies’ leading role in the CBD market in an upcoming edition of the magazine as well as at a Nov. 6 CBD Symposium it is co-hosting with parent company SUCCESS Partners at its Plano, Texas headquarters.
About Direct Selling News
Direct Selling News (DSN) is the oldest and most respected trade publication devoted exclusively to serving executives of companies that distribute their products and services through the direct selling channel. Its annual research projects include the Global 100 list of the world’s largest direct selling companies and the Best Places to Work in Direct Selling.
CBD Oil Direct Sales
There are more new MLM CBD businesses launching each month, so keep your eyes open for new network marketing opportunities in 2021 and 2022.
Now is the time to start an online or hybrid home business like CBD MLMs. Hundreds of thousands of people are joining a top network marketing company in the hemp or cannabis sector or looking for one to join every month around the world. Globally, network marketing is nearly a $1 trillion dollar a year industry. What’s exciting about the cannabidiol network marketing business model is that more and more corporations are switching over and using it. It’s a great, efficient way to distribute CBD oil products and services by using word-of-mouth, rather than expensive advertising that isn’t as effective as it used to be. No one wants to be sold anymore by a loud annoying voice on radio or TV, and it’s very annoying listening to traditional radio with commercials in 2022 when you’ve been spoiled with satellite radio, streaming, or on demand digital music.
The laptop and smartphone entrepreneur movement is exploding with digital nomads getting rich from home or while traveling in 2022 selling hemp CBD products. As the economy grows more uncertain and being bossed around at a job seems a little outdated for the new information era, people are turning to the Internet, and their laptops, to make money. Becoming a CBD oil network marketer has many benefits, but one of the greatest is being able to work from a laptop or even cell phone from anywhere in the world where there is internet access.
When you join a CBD oil product MLM, you are given a personal website and maybe some lead generation pages or tools to promote any way you like. You are also given a control panel or dashboard where you can see the activity of your MLM business. I love online analytics and every day I can view how many hits my capture pages are getting for direct selling, network marketing, and affiliate sales. These landing pages and analytics dashboards are your tools for CBD MLM success in the new digital age of network marketing.
Out of this list of top network marketing companies, My Club 8 is the least expensive CBD MLM company to join, but My Daily Choice has the highest commissions. You decide which of these top MLM companies you should join depending on your preferences. Forget about investing in hit-or-miss pot stocks or massive cost marijuana dispensaries, join the best MLM businesses selling CBD oil in 2022 instead!
Of course, you can find many CBD Oil wholesalers and get CBD Oil for less money, but I am a full-time network marketer and make my living from home. The best network marketing companies do tend to tack on a little more to the price of their products, but you have to remember that you are basically purchasing a home business with the potential to make unlimited income.
Think how expensive it is to run a traditional brick and mortar business or cannabis dispensary. You have a lease, pay employees, pay utilities, merchandise and repair bills. Not with a CBD oil MLM company! With hemp network marketing or affiliate sales / direct selling, you can make more than a traditional business from your home for under $100 a month in 2022! You can’t beat that business opportunity with today’s inflation prices. Now get out there and succeed masterfully in MLM in 2022!