One of the latest trends going to the MLM industry is CBD or cannabidiol. If you're out of the loop, CBD is the section of cannabis that houses medicinal properties minus the psychedelic effects. Studies have shown that CBD is useful, but that's not what I'm concentrating on today.
One company, BioReigns , is really a pretty new MLM company that pushes CBD products. It's common that MLM-linked opportunity raises a few 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 on what legit this business is in the end.
What Is Bioreigns?
Bioreigns is a multi level marketing company.
This can be a very new mlm company as compared to 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 their website nowhere is mentioned who is the dog owner or founder of the mlm company.But after spending some time I came to understand that two guys behind this business are Bryan Reed and Jojo Dominic Contino.
These guys are completely new to the scene,usually each time a new mlm company launches a number of the well experience or top earners for a few mlm company launches them.
Because they have 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 doesn't show that their company is useless and people can not earn money from it.
BioReigns co-founders/owners?
Multiple sources reveal that Jojo Contino and celebrity couple Gretchen Rossi and Slade Smiley will also be directly accountable for the launching of BioReign.
Interestingly, both Rossi and Smiley has been associated with a scandal.
Inside Edition did a lab test on one of BioReigns's CBD products and allegedly learned that it contains much less CBD than it says on its label.
The actual 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 which they made some misleading information and are forced to alter the product labels.
I don't know about you but in my book , this kind of situation cannot be simply blamed on the “misleading label” but this is really deceit.
Yes, deceit is really a harsh word. But how could you explain the fact that the BioReigns management simply agreed to alter the product labels?
Its safe to say that all those time, individuals are paying 560mg worth of CBD and are getting less than 1% of it!
But this is my estimation and if you'd want to contribute in this matter too, feel liberated to use the comment section below. But let's remain civil and respectful, okay?
Also, I understand you're itching to understand what're 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 own 560mg CBD on their 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 earn money from Bio reigns after enrolling included?
That is clearly a very big question and in most multi level marketing companies owners try never to provide us with income disclosure.
The reason being 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 with their income disclosure average distributor of bioreigns earns $500 to $2000 annually.
Which means that average monthly income of these distributor is $42 to $167.
This is a guess,but according to company income disclosure they don't guarantee any income or results.
It's totally up to your efforts and hard work,which is totally fair in my point of view.
Final Opinion/Verdict
BioReigns may be a legit MLM company However, the CBD niche is really a challenging one, so it'll be hard to advertise such products probably because CBD remains not legalized in most states and that BioReign items are pretty expensive.
Products remain not copied with real data and the opportunity can also be of low-income potential. So definitely, not recommending you this one!
