Someone must have introduced you to VERUM Gold (VERUM) and now, you want to find out if it is a legitimate company or a scam.
VERUM is a CBD MLM company that claims to be “the sole brand” that sells the world’s 100% water-soluble CBD products.
Water-soluble CBD? What is that?
With this unique selling point, you would think that VERUM products are an easy sell, that making money with this company is as effortless as what some distributors say.
Unfortunately, this might not be completely true.
In this VERUM review, I will discuss the reasons why most people will have trouble making money with this company and whether or not VERUM is a suitable business opportunity for you.
What is VERUM GOLD
VERUM Gold is the flagship product line of a brand new multi-level marketing company in the CBD industry, VERUM.
The company is still pre-launching at the publication of this review and you can check it out at “verum.biz/verumgold.html.”
Rod Smith started VERUM.
The company’s headquarters is located at Suite 200, 545 East University Parkway, Utah, USA.
Rod was also the CEO of Buying Holding Collective and Green PolkaDot Box Incorporated.
VERUM Gold CBD “Unique” Selling Point
According to the company, VERUM Gold is said to be a pure crystalline Cannabidiol (CBD) construct that contains no THC, predicated on “real scientific research”.
VERUM Gold is not oil-based, making it 100% water-soluble to increase the bioavailability to the bloodstream.
The term “bioavailability” refers to the degree that a substance (such as CBD), after having been taken by mouth, reaches the bloodstream and can have a powerful effect.
Anano Technologoes is said to be Certified Organic, Certified Kosher (a Hemp Industry Norm), and ISO certified.
So we can assume that the products are of high quality, however, the company is not certified by the US Hemp Authority, which nowadays is a norm as well.
Related Post: Top CBD MLM Companies Approved By Most Consumers
VERUM Compensation Plan
You can make money with VERUM by participating in VERUM’s compensation plan as a VERUM Merchant (distributor).
There are eight ways to make money with this company which involves you selling VERUM Gold to other people and recruiting them to join the company.
#1 Fast Start Bonus
Earn $10 to $40 weekly from the personal purchases of the Level 1 and Level 2 merchants under you 30-days after their Enrollment Date.
Earn up to $30 for every VERUM Gold product you sell online and offline.
#3 Qualifying Bonus
VERUM Merchants who enroll and have five ACTIVE merchants will earn $150 monthly plus additional bonuses.
#4 Leadership Bonus Pool
Qualified merchants can receive their share from 3% of VERUM’s total quarterly gross sales volume.
#5 Rank Advancement Bonus
Get $250 – $50,000 by achieving and maintaining a new rank for 90 days.
#6 Expense Reimbursement Bonus
VERUM Merchants who maintain advancement levels for three consecutive months will be entitled to a $150 – $1,200 monthly expense reimbursements.
#7 Accelerator Bonus
Earn up to 8% from all the sales in your organization down to 5 levels deep.
#8 Lifetime Commissions (5×7 Forced Matrix)
Based on your current VERUM Merchant rank, you can earn lifetime commissions of up to 10% from all the sales in your organization down to 7 levels deep.
Based on the VERUM compensation plan, do you believe VERUM Gold is a scam? Why or why not?
Share your thoughts in the comment section below.
Meanwhile, feel free to verify the information above with the actual VERUM compensation plan.
If you think you can make a good income with VERUM, let’s find out how much will it cost for you to get started.
Cost To Join VERUM
You can become a VERUM Merchant by completing the Merchant Application form. Simply click the “JOIN” button at the bottom of its sales page.
It is free to enroll and become a merchant, but having a sponsor is a requirement to complete your registration.
And as a VERUM Merchant, you have to be considered “ACTIVE” by maintaining at least 100 personal Business Volume (BV) to qualify for commissions.
The Business Volume is the number of product orders purchased personally by you or by the people under your team.
You can complete the 100 BV requirement by purchasing any of the products below. You can either buy one per month or subscribe for a monthly autoship.
Is VERUM Gold A Scam
The short answer is NO. Like what I’ve said at the start of this VERUM Gold review.
Because technically speaking, it is possible to make money selling VERUM Gold CBD.
However, this is my own opinion and so you can come up with your own, I will discuss everything else that you need to know about VERUM Gold.
VERUM Gold – What You Need To Know
Every now and then, you will encounter some people who call VERUM a scam and these are the reasons for that.
#1 New CBD Company
VERUM is a new, MLM company.
Joining VERUM now may secure your position at the top of the compensation plan structure.
You can also reach out to your potential prospects before someone else does. However, it also means that this company has no track record yet.
There are no VERUM success stories that you can use to stoke the interests of your prospects, and there are not many product testimonies.
There is no way (yet) to tell if this company can truly deliver its promises to its merchants and the chance that VERUM Gold is a scam is not out of the question.
Related Post: Top CBD MLM Companies Approved By Most Consumers
#2 CBD Product Manufacturer Not Certified
As much as how VERUM touts its CBD products as the best…
The fact that it is manufactured by a company that isn’t even recognized by the US Hemp Authority can cause doubt to your potential customers.
If there are any VERUM Merchants reading this, what are your thoughts about the company’s product manufacturer?
#3 Heavy Emphasis On Recruitment
If you take another closer look at the company’s compensation plan, the only way you can make a living with VERUM is if you manage to build a large organization of people under you that will help you sell tons of products.
There is no way you can make a six-figure income with VERUM all by yourself. You will need to recruit and recruit people and build a massive team.
Now, this is a delicate matter because when your income relies heavily on recruitment rather than selling your products…
Alright, calm down, calm down.
Before you hit the CAPS LOCK and write lengthy hate comments in this VERUM review…
Let me clarify that I am not calling VERUM a scam nor a pyramid scheme. I am merely stating a scenario where it could be.
Now, I know you might have a different opinion so please, don’t hesitate to leave a comment below.
#4 Missing VERUM Success Tip
VERUM made an honest effort providing its members with success steps. It is number 5 on this list.
However, one thing I must point out is that they don’t encourage their merchants to try the products first.
Isn’t it a crucial fact that before you go and sell your products to other people, you should try it first and see if it works?
#5 Over 95% Of People Fail In MLM Like VERUM
Let’s face the truth. VERUM is an MLM company, and the fact is, more than 95% of people who join this type of business fail.
Again, this doesn’t mean that VERUM is a scam; it’s just the ugly truth of the MLM business model.
In the next section of this VERUM Gold review, I will discuss why most people are likely not to make money with VERUM.
Most People Don’t Make Money In MLM Like VERUM – WHY?
These are the most common reasons why most people fail to make money with MLM like VERUM.
#1 Lack of Prospects
In the success list by VERUM, it says that you make a list of the people that you think need your products or will be interested in joining the business.
I am guessing you have your listing and you probably have like a hundred people in there.
But what happens when you’ve exhausted that list?
Who will you sell your products to? Who will you recruit to join VERUM?
Are you prepared to talk to strangers online and personally? Will you be willing to hand out flyers and brochures in public?
If you don’t have an idea of how to address the issue of running out of prospects…
Sooner or later you will find yourself scratching your head and hoping you didn’t join VERUM in the first place.
#2 Targeting the Wrong Prospects
Speaking of prospects, you might think that you are safe because you have tons of friends and plenty of relatives.
Let me tell you right now, your friends and family are less likely the right people for your business.
I have spent more than six years in the MLM industry and I will tell you this…
Your family and friends might buy your products to support you, but most of the time, they are not the right people to build your business with.
You must learn how to find the right people that share the same passion and interests as you.
#3 Lack of Skills
Most people who join VERUM are beginners who don’t even know how to sell any products, much at building a team.
These people are likely to quit within the next few months when nothing seems to work for them.
If you want to make money by selling VERUM Gold, you need to become an effective salesperson.
You will need to possess the right set of MLM skills to close sales and to convince people to join your business.
#4 Joining With a Wrong Mindset
Most people who join an MLM company and failed miserably are those who are led to believe that making money in this kind of business is easy.
Once they realized that the MLM company (like VERUM Gold) they joined is not the gold mine they thought it is, they will call it a scam.
But don’t get me wrong, you can make money with MLM, but it will never be easy!
No matter how your sponsor sugarcoats it, you must accept the fact that VERUM is not a Get-Rich-Quick program. Nothing is.
If you ever hope to make money with VERUM, you must have the skills, passion, and determination to do so.
Verdict – Should You Join VERUM Gold
The CBD industry is on the rise, and being part of it could bring you the financial success that you desire.
I do believe that VERUM has a lot of potentials, and its products are very promising.
The company is also transparent with the people behind it as well as the source and manufacturer of its products.
Most scam companies don’t do this so when it comes to legitimacy, VERUM seems to check all the boxes.
Still, it’s still too early to say if this company is indeed worth your time and money. But…
If you think that selling VERUM Gold CBD products and building a sales team is what could lead you to success, then, by all means, give this business a chance.
I suggest that the first thing you do before joining in is to try the VERUM CBD products first.
When you have a genuinely pleasant experience with the products that you are promoting, making sales won’t be so hard.
Second, you must learn how to find an endless source of prospects online and offline.
I believe this course will teach you how to accomplish this as well as it will allow you to find the right people for your products and business opportunity.
Lastly, you must ask yourself if joining an MLM company like VERUM is something that you are genuinely passionate about.
If not, then I see no point for you to join this company.
VERUM Gold Business Alternative
If what you are looking for is a way to make money online without selling or recruiting people, I know another business program that would be more suitable for you.
This business program has already changed the lives of countless ordinary people just like you, some of them eventually quit their 9-5 jobs!
I know this sounds too good to be true so if you need proofs, here’s a real-life story that might inspire you.
Thank you for taking the time to read this VERUM Gold review.
I hope that you found the answers that you are looking for, specifically of VERUM is a scam or suitable business for you.
If you think this article could help other people too, kindly share this with them on Facebook or Twitter.
And one last thing…
Before You Leave: Check Out My #1 Online Business Recommendation For Complete Beginners
Should you be interested in an online course that will teach you how to make a living with your passion and interests, there is a signup form below.
Until next time and should you wish to discuss anything about VERUM, leave a comment below.
Best of luck!