cbdMD Inc Review | Trust Score & Ratings

Founded2015

HeadquartersCharlotte, NC

Trust Score90/100

About cbdMD Inc

cbdMD Inc is a network marketing company based in Charlotte, NC, specializing in CBD oil and gummies since 2015.

Their products focus on quality and are sold through independent distributors, who earn money by retail sales and building teams. They use a Hybrid Binary/Unilevel compensation plan, allowing for various income opportunities as distributors advance through ranks.

With a BBB rating of A and a Trustpilot score of 3.9/5, cbdMD Inc seems solid, but potential members should check local CBD laws and review the income disclosure statement before jumping in.

Pros and Cons

✓ Pros

Strong BBB Rating
cbdMD has an A rating with the Better Business Bureau, which suggests they handle customer complaints well.
Decent Trustpilot Score
With a Trustpilot score of 3.9 out of 5, many users seem satisfied with their products.
Varied Compensation Plan
The hybrid binary/unilevel structure offers different ways to earn, which can appeal to both sellers and recruiters.
Low Risk Level
The low risk level means there are fewer legal concerns compared to some other MLMs, making it a safer choice.
Growing CBD Market
The CBD market is expanding, which could lead to increased sales opportunities for distributors.

✗ Cons

CBD Legality Issues
The legality of CBD varies by location, so some potential distributors might face restrictions.
Income Disclosure Statement Needed
It's crucial to review the income disclosure statement, as earnings can greatly vary and many may not make significant money.
Initial Investment Required
New distributors need to buy products upfront, which could be a financial risk if they struggle to sell.
Market Saturation Risks
With many CBD products available, standing out and making sales can be challenging.
Team-Building Pressure
The compensation plan encourages recruiting, which might not be comfortable for everyone.

Verdict: cbdMD seems like a decent option in the MLM space, especially for those interested in CBD products. However, potential distributors should be cautious about the initial investment and the need to navigate legal issues regarding CBD in their area.

Best for: This might be a good fit for someone passionate about CBD and willing to invest time and money upfront. If you're not comfortable with sales or recruiting, it might be best to look elsewhere.

Risk Analysis

cbdMD Inc presents a low risk profile for potential distributors. Its solid BBB rating and moderate Trustpilot score indicate reasonable customer satisfaction, though the legality of CBD products can be a concern in some areas.

Key Concerns

CBD legality varies by jurisdiction moderate
CBD legality can impact sales opportunities depending on local laws.
Review official income disclosure statement before joining moderate
Potential distributors should understand income potential, which can vary widely.

Positive Indicators

BBB Rating of A
This suggests a strong commitment to resolving customer issues.
Trustpilot score of 3.9/5
Indicates a generally positive reception from consumers.
Hybrid compensation plan
Allows for income from both product sales and team-building.

Consumer Advice: If you're considering joining cbdMD, make sure to research the legality of CBD in your area. Also, take a close look at the income disclosure statement to understand what you might realistically earn.

Frequently Asked Questions About cbdMD Inc

Is cbdMD Inc a legitimate MLM company?

Yes, cbdMD Inc is a legitimate MLM company. Founded in 2015 and based in Charlotte, NC, they've built a solid reputation in the CBD market. Their BBB rating is an A, which adds to their credibility.

What products does cbdMD Inc sell?

cbdMD Inc sells a wide range of CBD products, including oils, gummies, topicals, and capsules. They also offer products specifically for pets. Their focus is on quality, and they provide third-party lab testing results for transparency.

How much can you make with cbdMD Inc?

Earnings with cbdMD Inc can vary widely. Distributors earn money through retail sales and team-building commissions, but actual income depends on your effort and success in sales. It's best to review their official income disclosure statement for specific numbers.

Are there any complaints about cbdMD Inc?

Some users have raised concerns about product effectiveness and customer service. While the company has a Trustpilot score of 3.9/5, it's essential to read through reviews to understand both positive and negative experiences.

What is the compensation plan for cbdMD Inc?

cbdMD Inc uses a Hybrid Binary/Unilevel compensation structure. This means you earn through retail sales and commissions from your team. As you sell more and grow your team, you can advance through ranks that unlock higher commission rates.

What is the cost to join cbdMD Inc?

To get started with cbdMD Inc, you'll need to purchase products at wholesale prices. The exact cost can depend on what products you choose, but it's generally affordable for most people looking to enter the CBD market.

What is cbdMD Inc's BBB rating?

cbdMD Inc has an A rating from the Better Business Bureau. This rating reflects their commitment to resolving customer complaints and maintaining a trustworthy business.

Are there alternatives to cbdMD Inc?

Yes, there are several alternatives to cbdMD Inc in the CBD MLM space. Companies like HempWorx and Young Living offer different products and compensation structures. It's a good idea to research and compare your options before making a decision.

Is cbdMD Inc a scam?

No, cbdMD Inc is not a scam. They have been in business since 2015 and are legally operating in the CBD space. However, as with any MLM, it's crucial to do your homework before joining.

Compensation Plan

Plan Type

This plan is a Hybrid Binary/Unilevel structure. In simple terms, you can earn money through selling products directly and by building a team of people who also sell products.

How Earnings Work

Retail Profit: You buy products at a wholesale price and sell them at a retail price. The difference is your profit.
Team Commissions: You earn money based on the sales made by your team. The more your team sells, the more you can earn.
Bonuses: As you progress in ranks, you can unlock bonuses and higher commission rates. This includes things like a Sponsor Bonus for bringing in new members and Leadership Bonuses for helping your team succeed.
Incentive Trips: If you hit certain goals, you might qualify for trips or other perks.

Qualification Requirements

You usually need to maintain a minimum monthly purchase or a regular order of products to earn commissions.
To move up in ranks, you need to have a certain number of active team members and meet sales targets.

Red Flags

There’s a focus on recruiting people into your team, which can feel like a pay-to-play situation.
Most people earn only supplemental income, and very few make a full-time living from this.