Bocannaco is another hemp oil MLM business that has been getting a lot of attention lately. There isn't much information about this company on the Internet, so I decided to provide one on this brutally honest Bocannaco review.
Owner: John Daniels, Dr. Robert Lawrence and others (unverified)
Bocannaco Business Opportunity Rating:
Bocannaco Product Rating:
FOR BOCANNACO DISTRIBUTORS
FOR ONLINE BUSINESS OPPORTUNITY SEEKERS
"We think we have the world's best hemp oil and so do our customers! The results we're getting are off the charts because we have a product that is pure, 100% organic, and non-GMO!"
These are the exact words that you can see when you visit Bocannaco's official website.
- But is there proof to these claims?
- Are the company products genuinely exquisite?
- Is the business opportunity they offer any better?
You will find out in a few moments. But first, we will take a look at the company's overview.
Related Article: How to Buy the Best CBD Products Without Being Scammed
What is Bocannaco
Bocannaco is an MLM company that claims to have "the best hemp oil" in the world. So I decided to take a look at the company's official website, and I was somewhat disappointed.
About The Company
The website appears decent in design, but there is a minimal amount of information. I had to conduct a rather extensive research to get more details about the company.
First I decided to do a domain check on the website, and I found out that it was created in October of 2017 and was last updated in October of 2018.
As for Bocannaco's headquarters, I am suspecting it has something to do with this.
Now I want to know the people behind this company and what are their credentials. So I decided to dig deeper.
It took me a while to gather more information because there is really no information about this company since it is relatively new.
However, I did come up with a name, John Daniels as the company's "original" founder.
Another name also worth mentioning is Bocannaco's product developer, a retired surgeon, and neurologist Robert Lawrence.
Other names I come up with are Mike and Barbara Lammons who appears to be "founding partners" in Bocannaco.
I cannot say for sure if Dr. Lawrence is also a founding partner of the company at the moment but when more information surfaces, I will be updating this Bocannaco review for you.
As you might already know, Bocannaco offers its consumers a range of hemp oil products.
In a video presentation, the company went into details explaining why their products are "the best" in the hemp oil and CBD industry.
Below are the highlights of what makes Bocannaco's Hemp Oil Products above the rest (according to them).
- Made of company's own hemp plants grown using cultivar
- Uses Chromatography when extracting hemp oil ingredients
- Nano-emulsion product delivery system
- Product Affordability
This short video below will provide additional insights into the company's products.
Currently, Bocannaco offers three products to its consumers. These are:
- BocannaCaine Fast Acting Gel
- 1000mg CBD Oil
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Bocannaco Business Opportunity
As to how a typical MLM company works, Bocannaco offers its distributors a way to earn money in two ways, selling products and recruitment.
Again, there is not much available information about Bocannaco on the Internet yet, so as far as how much you can earn with this company; I did the best that I can do with this video.
Apparently, you can earn 15% as profits every time you sell the products of the company.
Every time you recruit someone and they become a distributor for Bocannaco too, you will earn additional commissions when they buy a product - whether for personal consumption or retailing purposes.
You will also earn a certain percentage for all the products sales on your team as a residual bonus.
This video provides additional information on how to make money with Bocannaco.
How To Become a Bocannaco Distributor
To become a distributor for Bocannaco, you only need to pay $99 to get started. This will give you access to a suite of business tools, but it does not give you any product to sell.
If you are interested in taking part in Bocannaco, I suggest that you contact them at email@example.com
My Personal Favorites about Bocannaco
Bocannaco may be a new kid in the CBD industry, but there are a few things that I love about it.
#1 High-Quality Products
I haven't actually tried any of the Bocannaco's products but base on the information they provided, I must say that I am a little impressed.
The way they grow their own hemp plants using cultivar and splicing to re-create an exact the same product over and over again is a brilliant idea.
There is also the process of chromatography, an innovative way to extract cannabidiol (CBD) from hemp without using heat.
#2 Laboratory Tested Products
Bocannaco pride's itself as the only company that provides you with a breakdown from "two independent laboratory tests" so you can see exactly what you're getting from the products that you purchase.
#3 Affordable Hemp Oil Products??
All of Bocannaco's products are priced at $99 base on this company video but depending on when you will read this Bocannaco review, you might have to verify the price on the company website.
Bocannaco claims that this is the cheapest price you can get for a hemp oil product of its quality.
However, there is really no way to tell if this is indeed the best hemp oil in the world, thus the question mark.
#4 A 30-Day Refund Policy
If ever you decided to purchase a product from Bocannaco but decided to change your mind, you will be given a chance to return your purchase within 30 days.
For more information about Bocannaco's refund policy, click here.
My Concerns about Bocannaco
On this part of my Bocannaco review, allow me to share with you my concerns about this company.
#1 New MLM Company
As the new kid in the block, there is not much to say about Bocannaco. There are no top-earners yet to prove that the company's compensation plan works. Heck, there isn't even proof that this company will make it on its first three years.
There is a tough competition in the MLM industry and in Bocannaco's case, there are hundreds of other companies that offer the same product line.
The scary part about joining a new MLM company is that you might be investing your time and money on an idea that might not work. I am not saying that Bocannaco will fail, I'm just saying, it might.
I repeat, for now, only time can tell.
#2 Tons of Missing Information
This might not be an issue for some people (including you), but I genuinely feel that is is a company's responsibility to be transparent to the public.
This is true especially for companies who are not only selling products but also offers a business opportunity.
Bocannaco will do its consumers and potential distributors a great favor if it discloses vital pieces of information about the company on their website.
For example, an "ABOUT US" section would be helpful. That way, people would be familiar with the personalities behind the company and other whereabouts.
#3 Compensation Plan??
For a company that offers a business opportunity, Bocannaco fails to disclose any details about the company's compensation plan on its website.
Other than the video that I have provided on this Bocannaco review, I cannot find any other reliable sources that could provide more pieces of information about this topic.
A "Bocannaco Compensation Plan" section would be excellent.
#4 MLM Business Model - Very High Failure Rate
Across the entire industry, the consensus is that more than 95% of all people who joins in any MLM company fails.
Unfortunately, this is not a made up number to scare you.
This is one of the reasons why many people are calling any MLM business a pyramid scheme because a vast majority of people end up not making any money on their respective companies.
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Is Bocannaco a Scam?
Although the company is new and there are some concerns about its operation, I wouldn't say that Bocannaco is a scam.
As an MLM company, Bocannaco provided a decent product line, so the risk of it being a pyramid scheme is less likely.
Is Bocannaco For You?
That depends. The only one who can answer this question is you.
First is the products.
Before you join and become a distributor for Bocannaco (or any other MLM company), make sure that you have a pleasant experience with its products. Because how will you be able to sell something that you haven't tried yet?
Are Bocannaco’s hemp products as effective as the company claims it to be?
Second, the business model.
Are you interested in joining Bocannaco because it is your passion to sell products and build a team of people helping each other to reach a common goal, or you simply want to make money?
Now tread lightly because one of these reasons will undoubtedly cause your failure. For now, ask yourself this…
My Humble Advice To You
There are many companies (both MLM and not) that are promoting hemp oil and CBD products today.
If you are keen on starting an MLM business with Bocannaco, I highly advise that you learn the art of selling and recruitment.
You must learn the skills on how to present your products and business in a way that people will be the one coming at you, eager to buy your products or join your business.
On the other hand, if you think that the MLM industry is not for you, no need to worry.
Plenty of other legit online business opportunities today could provide you a substantial passive income even at home.
But make no mistake, earning that much money is not as easy as 123. There is no such thing as a Get-Rich-Quick scheme.
To succeed in any business, it will require knowledge, skills, determination, patience and time.
But the most important thing of all that you must consider before dipping your toe on any business is to make sure that you are doing something you are genuinely passionate about.
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There you have it. I hope that you learned some new and useful information in this Bocannaco review for 2019.
If you think this could help other people too, kindly share this to them.
Meanwhile, if you have some valuable information you would like to contribute to this article for our readers, kindly utilize the Comment Section below.
Thank you and until next time.
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Bocannaco Review Summary
Description: Bocannaco is a CBD MLM company that claims to have "the best hemp oil" in the world. This bold statement roots from the technology used by the company on extracting their CBD oils. But it might not be the case here and you would be surprised to know that over 95% of people who join a business like Bocannaco will have trouble making money. We will be discussing why in this review.
- Overall Bocannaco Business Opportunity Rating
More About Bocannaco Business Opportunity
Founders: John Daniels, Dr. Robert Lawrence and others (unverified)
Recommended? Yes and No (It depends on you. Read on to decide)