One of many latest trends hitting the MLM industry is CBD or cannabidiol. If you're out of the loop, CBD may be the part of cannabis that houses medicinal properties with no psychedelic effects. Studies have shown that CBD is useful, but that's not what I'm emphasizing today.
One company, BioReigns , is a pretty new MLM company that pushes CBD products. It's common that MLM-linked opportunity raises a couple of eyebrows, so I'd like to make use of my expertise in online marketing to examine BioReigns 'organization and practices. I'll offer you my two cents how legit this business is in the end.
What Is Bioreigns?
Bioreigns is a multi level marketing company.
This is a very new mlm company when compared with other cbd mlm companies.
Bioreigns was launched in september 2019,which means that company is in the scene at under a year.
The strange thing is that their website was launched way before that in March 2018.
On the website nowhere is mentioned who is the master or founder of this mlm company.But after spending sometime I came to learn that two guys behind this business are Bryan Reed and Jojo Dominic Contino.
These guys are completely new to the scene,usually every time a new mlm company launches a number of the well experience or top earners for some mlm company launches them.
Because they've an audience to advertise their newly launched mlm company and have a trust factor in the industry already.
Don't get me wrong.
Having new faces and launching mlms does not signify their company is useless and people can not make money from it.
BioReigns co-founders/owners?
Multiple sources demonstrate that Jojo Contino and celebrity couple Gretchen Rossi and Slade Smiley will also be directly in charge of the launching of BioReigns.
Interestingly, both Rossi and Smiley has been involved in a scandal.
Inside Edition did a lab test on certainly one of BioReigns's CBD products and allegedly discovered so it contains not as CBD than it says on its label.
The true CBD content?
No more than 1mg out of the declared 560mg!
he name of the said CBD products isn't mentioned, but it appears that BioReigns acknowledged that they made some misleading information and are forced to change the merchandise labels.
I don't learn about you however in my book , this kind of situation cannot be simply blamed on the “misleading label” but this is actually deceit.
Yes, deceit is a harsh word. But how would you explain the fact the BioReigns management simply agreed to change the merchandise labels?
Its safe to say that all those time, people are paying 560mg worth of CBD and are receiving significantly less than 1% of it!
But this really is my estimation and if you'd want to contribute in this matter too, feel free to use the comment section below. But let's remain civil and respectful, okay?
Also, I know you're itching to learn what are the BioReigns products which labels are changed. So, I dug up a number of the old BioReigns photos and voila!
It seems that both CBD Daily Tinctures and CBDzzz used to possess 560mg CBD on the labels.
But before we discuss each of the company products, let's discuss about something important first.
FAILURE RATIO IN BIOREIGNS
Let's speak about technical things.
How much are the chances that you could eventually make money from Bio reigns after enrolling in them?
That's a very big question and in many multi level marketing companies owners try not to provide us with income disclosure.
This is because almost 99% people lose their money after joining these companies.
Not with bioreigns.They provide us with their income disclosure with complete honesty.
So,according to their income disclosure average distributor of bioreigns earns $500 to $2000 annually.
Which means average monthly income of the distributor is $42 to $167.
This is really a guess,but according to company income disclosure they cannot guarantee any income or results.
It's totally as much as your efforts and effort,which is totally fair within my point of view Learn More.
Final Opinion/Verdict
BioReigns might be a legit MLM company However, the CBD niche is a challenging one, so it'll be hard to promote such products probably because CBD continues to be not legalized in many states and that BioReign items are pretty expensive.
