The CBD industry is booming, but unfortunately, there are scams popping up everywhere. Recently, we’ve noticed a rise in dodgy CBD product makers who falsely claim to have been featured on the popular TV show “Shark Tank.”
One CBD product, in particular, is being heavily advertised, boasting about its appearance on “Shark Tank’s most-watched episode ever.” They say that two sisters wowed the show’s panel and scored a massive $2.5 million investment from all six Sharks.
But hold on! It’s important to be cautious and smart when you come across such claims. Upon closer inspection, these stories are nothing more than made-up tales meant to trick unsuspecting buyers. ABC, the network behind “Shark Tank,” hasn’t confirmed any association with the mentioned CBD product, and the entrepreneurs who supposedly got the investment haven’t said a word either.
It’s crucial for consumers to stay alert and do their homework before buying anything in the CBD market. Trustworthy sources, honest reviews, and lab tests conducted by independent third parties can provide valuable information to help you identify reliable CBD brands like Medterra, Premium Jane etc.
In this article, we will help you understand how CBD scams actually work and what are the ways you can follow to be a victim of such scams.
By staying informed and knowledgeable, you can confidently navigate the expanding CBD market and make well-informed choices. So let’s get started.
CBD Scam – How Does It Work?
Scammers are adept at manipulating unsuspecting individuals when it comes to CBD products. They employ various tactics to deceive and trick consumers into falling for their fraudulent schemes. Understanding how these scammers operate can help individuals protect themselves from becoming victims.
It usually starts when you click on a link or an enticing advertisement promoting CBD gummies or other CBD products. The scammers seize this opportunity to grab your attention and lure you into their trap. They begin by lavishly praising their product, bombarding you with exaggerated claims and unnecessary information that lacks substance. These claims are designed to create a sense of excitement and entice you into making a purchase.
To further establish credibility, scammers often resort to showing false images or claims of their product being featured on popular platforms like Shark Tank, accompanied by stories of impressive investments. These fabricated associations aim to create an illusion of trust and success, making their product seem legitimate and worth buying.
To make matters worse, scammers employ deceptive tactics by presenting seemingly genuine customer reviews and testimonials. They may even go as far as using endorsements from doctors and celebrities, exploiting the trust and influence associated with these figures. These manipulative tactics are aimed at triggering a sense of motivation and admiration, making you more likely to trust their product and proceed with a purchase.
Sadly, many individuals, motivated by perceived positive experiences and endorsements, end up buying the scam. However, they soon realize that they have been duped into purchasing subpar or even counterfeit CBD products that do not deliver the promised benefits.
Check Out Top Selling CBD Gummies – Click Here!
Possible Losses And Threats
A CBD scam can cause you potential loss not in terms of your money and time but also health. Though there are many, below are the possible losses and threats you can encounter after getting into a CBD scam:
Highly Overpriced CBD Product
Getting involved in a CBD scam that offers highly overpriced products can result in significant financial losses. One of the potential threats is that you may end up paying exorbitant prices for CBD items that do not justify their cost. These scammers may take advantage of the lack of industry regulations and mislead you into believing their products are worth the inflated prices.
By falling victim to this type of scam, you not only waste your hard-earned money but also miss out on the opportunity to invest in legitimate, fairly priced CBD products. The financial loss incurred from purchasing overpriced items can be substantial, especially if you bought them in large quantities or on a recurring basis.
Moreover, when you realize you have been scammed by paying excessively for CBD products, it can erode your trust and confidence in the industry as a whole. This loss of trust may discourage you from exploring legitimate CBD options in the future, depriving you of the potential health benefits that genuine CBD products could offer.
Low Ingredients Dosage
One of the threats is that you may not experience the desired effects or benefits from the CBD product due to the insufficient dosage of active ingredients. Scammers may cut corners and use minimal amounts of CBD or dilute their products, making them ineffective or significantly less potent than advertised.
By falling victim to this type of scam, you not only waste your money on products that do not deliver the intended results but also miss out on the potential therapeutic benefits that appropriately dosed CBD products can offer. The low ingredient dosage can leave you feeling unsatisfied, frustrated, and skeptical about the effectiveness of CBD in general.
Moreover, there might be associated health risks with consuming products that have low ingredient dosages. CBD products are often used for their potential health benefits, and inadequate dosages may hinder the ability to address specific health concerns or conditions effectively. It is essential to prioritize your well-being and ensure you are investing in legitimate CBD products that provide the appropriate dosage for your needs.
Hidden Costs
Getting involved in a CBD scam that involves hidden costs can lead to unexpected financial losses. Scammers may initially advertise their products at seemingly attractive prices but later reveal additional hidden costs during the purchasing process. These hidden costs could include shipping fees, handling charges, or mandatory subscriptions that you were not aware of when making your initial decision to purchase.
You may end up paying much more than you anticipated or budgeted for. The hidden costs can significantly inflate the overall price of the CBD product, making it much less affordable or cost-effective than you initially thought. This can strain your finances and leave you feeling deceived and frustrated.
The unexpected expenses resulting from hidden costs can impact your overall trust and confidence in the CBD industry. It can create a negative perception and make you hesitant to engage in future CBD purchases, even from legitimate and reputable sources.
CBD Gummies Best Sellers – Try Them and See Why!
Breach Of Your Personal Data
CBD scammers may collect and misuse your personal information, such as your name, address, phone number, or credit card details, for illicit purposes.
By falling victim to this type of scam, your personal data could be exposed to unauthorized individuals who may use it for identity theft, fraudulent activities or even sell it on the dark web. This can lead to financial losses, damaged credit, and other negative consequences that can take a considerable amount of time and effort to resolve.
Additionally, a breach of personal data can also result in a loss of trust and peace of mind. It can make you feel vulnerable and violated, impacting your overall sense of security when engaging in online transactions or sharing personal information.
To protect yourself from the breach of personal data, it is crucial to be cautious and vigilant when providing personal information online. Only share your information with reputable and trusted CBD companies that have secure websites and robust privacy policies. Look for indicators of a secure connection, such as the padlock symbol in the browser’s address bar, before entering any sensitive data.
Untrue Health Advertisements
You may invest your time, money, and hope into a product that does not live up to its advertised claims. Untrue health advertisements can mislead you into believing that the CBD product will address specific health conditions or provide extraordinary benefits, only to discover that it fails to deliver the promised results. This can result in disappointment, frustration, and a loss of trust in the CBD industry as a whole.
Moreover, relying on false health advertisements may prevent you from seeking proper medical advice or treatment for genuine health concerns. Delaying or forgoing appropriate medical care in favor of unproven CBD products can have serious consequences for your health and well-being.
To mitigate the risks associated with untrue health advertisements, it is essential to approach CBD claims with a critical mindset and prioritize evidence-based information.
CBD Product With Cheap Ingredients
CBD products that lack the desired quality, potency, and effectiveness are no deal. Cheap ingredients may not undergo proper processing or meet the necessary standards, resulting in products that are less potent or even contaminated. This can lead to disappointment and a waste of your financial investment.
Moreover, using CBD products with cheap ingredients may pose health risks. These products might contain harmful substances, impurities, or inadequate concentrations of CBD. Ingesting or applying such products can potentially cause adverse reactions or have no therapeutic benefits, defeating the purpose of using CBD for health and wellness purposes.
Additionally, supporting scams that use cheap ingredients can perpetuate unethical practices within the CBD industry. It undermines legitimate manufacturers who prioritize quality, transparency, and consumer safety. By purchasing these products, you inadvertently contribute to the proliferation of substandard CBD items, ultimately harming both yourself and the industry as a whole.
Read CBD Gummies Reviews – See What Others Are Saying >>>
Trap Of Free CBD Samples
Unlock the secrets of the CBD industry and protect yourself from the trap of free CBD samples. Don’t be fooled into thinking you’re immune to scams. Many companies employ deceptive tactics to lure you in with the promise of a free sample. However, the reality is far from what it seems.
Picture this: you’re enticed by an offer to receive a free CBD product; all you have to do is pay a mere $9 for sign-up and shipping. Seems like a steal, right? But beware, this is just the beginning of a carefully orchestrated trap.
Once you sign up for the free trial, which usually lasts 14 or 30 days, you’ll be required to return the CBD product to a specific address within a specified timeframe. Failure to do so results in a substantial deduction from your credit card, often amounting to hundreds of dollars.
But the deception doesn’t end there. In many cases, these companies apply automatic shipping, meaning your credit card will be charged on a designated date, whether you want the product or not. They leave you helpless, watching your hard-earned money vanish into thin air.
And if that wasn’t enough, hidden costs can also come into play. What may have seemed like a free sample quickly becomes a financial nightmare as these scammers tack on additional fees, leaving you bewildered and out of pocket.
Fake Shark Tank CBD Gummies – Case Study
The case of the fake Shark Tank CBD gummies involving the supposed sisters Angela and Yoojin Kim serves as a cautionary tale. Since 2017, scammers have shamelessly exploited this fabricated news, spreading the false claim that the sisters appeared on the popular TV show Shark Tank with their CBD gummies. The scammers went to great lengths, plastering images of the non-existent sisters all over the internet, duping unsuspecting individuals worldwide.
However, the truth is far from what the scammers portrayed. Shark Tank, the show in question, has confirmed that no Shark ever invested in Angela and Yoojin Kim’s CBD gummy company. In fact, the alleged Korean sisters themselves are entirely fictional. The image used by the scammers actually depicts Sara Lee and Christie Chang, who appeared on Shark Tank in 2016 with their beauty products.
This demonstrates the lengths to which scammers will go to deceive and defraud innocent people. By capitalizing on the popularity and credibility of a well-known TV show, they manipulate the trust and curiosity of consumers to make fraudulent claims.
Did Kevin O’Leary Ever Invest In Marijuana?
Contrary to popular misconceptions, Kevin O’Leary, the renowned entrepreneur and investor, has made it clear through various interviews with platforms like Yahoo Finance and Bloomberg that he has never invested in marijuana and has no intention of doing so, even if it becomes federally legal.
O’Leary’s stance on marijuana investments stems from his concerns regarding the industry’s volatility and regulatory complexities. He recognizes the potential risks associated with investing in a market that is subject to varying state and federal laws, making it uncertain and challenging for investors to navigate.
In his interviews, O’Leary emphasized the importance of understanding the legal landscape and regulatory frameworks before considering any investment opportunities. He urges caution and research, advising investors to thoroughly evaluate the risks and potential returns of any investment, including those in the marijuana sector.
Top Rated CBD Gummies – Click and See Why They’re the Winners!
How To Avoid CBD Scams?
To protect yourself from CBD scams and ensure a safe and legitimate CBD purchasing experience, follow these essential tips:
Research reputable brands: Take the time to research and identify reputable CBD brands that have a proven track record of quality products and positive customer feedback. Look for brands that are transparent about their sourcing, manufacturing processes, and third-party lab testing.
Verify third-party lab testing: Legitimate CBD brands provide comprehensive lab testing results from independent third-party laboratories. These tests verify the product’s potency, purity, and safety. Review these test results to ensure the CBD product matches its advertised specifications.
Read customer reviews: Check customer reviews on reliable platforms to gain insights into the experiences of others who have purchased and used the CBD products you’re interested in. Genuine customer feedback can help you gauge the credibility and effectiveness of a brand.
Beware of unrealistic claims: Be skeptical of CBD products that make exaggerated claims or promise miraculous results. CBD is not a cure-all, and brands that make such claims are likely trying to deceive consumers. Stick to brands that provide honest and realistic information about their products.
Check for proper labeling and packaging: Legitimate CBD products have clear and accurate labeling, including CBD content, dosage recommendations, and proper packaging. Avoid products with missing or misleading information.
Avoid free trial offers: Be cautious of free trial offers that require your credit card information. These are often associated with hidden fees, automatic shipments, or the risk of your personal data being compromised.
Final Words
The rapid growth of the CBD industry is undeniable, with a growing number of people embracing CBD products. However, the reprehensible act of using the Shark Tank name to peddle cheap and counterfeit CBD products deserves condemnation. Scams involving CBD gummies and edibles abound on the internet, posing a threat to unsuspecting consumers.
The key to protection lies in vigilance. By remaining alert and skeptical, you can safeguard yourself from falling prey to these deceptive practices. Research thoroughly, read reviews, and rely on reputable sources like Medterra, Premium Jane etc. to ensure you are purchasing genuine CBD products.
Don’t let the allure of false promises and low prices cloud your judgment. Stay informed and stay safe in the thriving world of CBD.
#1 CBD Gummies – Click Here and See for Yourself!
For product review questions or feedback, please contact healthnewsflashreviews@gmail.com
Affiliate Disclosure:
The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team. Please know we only recommend high-quality products.
Disclaimer:
Please understand that any advice or guidelines revealed here are not even remotely substitutes for sound medical or financial advice from a licensed healthcare provider or certified financial advisor. Make sure to consult with a professional physician or financial consultant before making any purchasing decision if you use medications or have concerns following the review details shared above. Individual results may vary and are not guaranteed as the statements regarding these products have not been evaluated by the Food and Drug Administration or Health Canada. The efficacy of these products has not been confirmed by FDA, or Health Canada approved research. These products are not intended to diagnose, treat, cure or prevent any disease and do not provide any kind of get-rich money scheme. Reviewer is not responsible for pricing inaccuracies. Check product sales page for final prices.
