Is Bocannaco a Pyramid Scheme? Or a Rare MLM CBD Earning Opportunity?

Bocannaco Review

The overview and rankings

Products: 45/100

Success Stories: 10/100

Price To Join MLM: $99 annually

What to look for in a MLM:

What is Bocannaco?

Bocannaco is a Multi-Level-Marketing company that sells hemp oil products.

They say that these have lots of health benefits even if hemp and CBD oil in general are still controversial in the market.

The company was founded by Mark Lammons, Barbara Lammons, Robert Lawrence, and John Daniels in 2018.

They also say that they create the purest form of hemp oil in the market. But is that really the case?

I also just found out that Bocannaco has rebranded their name to Zogena.

We don’t know the reason for that.

Maybe it just sounds better? Or perhaps there’s an underlying issue they’re trying to hide from their brand...

Here’s a 4-minute on what their company is really about...

That's surely one of their sales videos, so it's obviously promotional!

Is Bocannaco a pyramid scheme?

No, Bocannaco is not a pyramid scheme.

Their members can still earn money by selling their hemp products even if they don’t recruit anyone.

But a more fitting question to that would be… is Bocannaco a pyramid scheme in disguise?

What is a pyramid scheme?

A company which pays members for recruiting people instead of selling products and services.

Many countries have already banned companies which have this structure because not everyone can make money.

 Wikipedia did a good job in explaining this...

The only ones who make good money are the ones at the top. While those below hardly make any. You can even lose money the longer you stay with the company!

Here’s a 5-minute video explaining what pyramid schemes really are...

Success is rare with Bocannaco

It’s hard to get any kind of success in an MLM company. Maybe you didn’t know that between  72.5% and 99.9% of MLM members lose money?

But why is this so?

Well, it’s because most (if not all) MLMs have their own sales quota.

This means that you need to sell a certain amount of products monthly for you to stay active and earn money.

If you can’t reach that quota, then you end up buying the products yourself...

How does Bocannaco Work?

Bocannaco sells hemp products and offers “average joes” the opportunity to work from home by selling the company’s products and getting commissions.

It sounds like a win-win situation, but really… it’s not. I’m going to dig deeper into that later...

Bocannaco products

If you really like to try your luck in this risky endeavor, then you should have a deep understanding of the products you’re going to sell.

Not only do you need to use the products, but you also need to understand how they work so you can actually sell them…

Here’s a short video testimonial of one of Bocannaco's top products, the BocannaCaine CBD gel...

Here are some of Bocannaco’s most popular hemp products:

• BocannaCaine ($99) - Helps ease body pains and discomfort with the help of terpenes and “ultra nano emulsion particles.” Simply apply it to the affected area.

• Macy Mask ($149.95) - Smoothens skin and removes imperfections and dark spots. It also hydrates the skin, giving it a nice glow with the help of its terpene and various plant extract ingredients.

• CannaGize ($129) - Gives you an energy boost with the help of its terpenes and other undisclosed “herbs and minerals.”

However, you should also know that there are hundreds of other MLMs that offer the same products such as :

• HealX Nutrition
• My Daily Choice
• Touchstone Essentials
  
• Emris International
  
• Hempworx
• Kannaway
• CTFO
• Zilis
• hempSMART

All of these brands claim to have a special feature which makes them stand out. But in reality, they’re just offering the same thing!

So, what makes Bocannaco “different?”

Bocannaco Excalibur - flagship product

The company says that Bocannaco Excalibur, which retails at $149, has “active-driven” terpenes and THC-free hemp ingredients combined with a variety of vitamins and minerals, can help relieve body pains and anxiety.

But then again, its effectiveness isn’t fully proven.

Evidence also suggests that more research needs to be done to prove if it actually has any noticeable benefits to anyone.

I know what you think... so, what's really with this CBD or hemp?

I found a short 1-minute video that'll answer just that:

But still, you might be wondering...

Can you make money with Bocannaco?

Yes, you can. But it’s very hard to make money from Bocannaco.

There might be a few people who are earning, but it’s just slightly higher than minimum wage. And for what? Working like a full-time sales manager?

If that’s the case, then I would just say no… would you?

Bocannaco didn’t even release any income disclosure statement...

How to make money with Bocannaco

There are 2 ways to make money from this MLM:

• Sell their hemp products to earn commissions
• Recruit people into the company and earn bonuses

But before diving into the compensation plan, let’s first find out...

How much does it cost to join Bocannaco?

You’ll spend $99 per year to join Bocannaco and become their member distributor.

Aside from that, you also need to purchase their products. The funny thing is, there’s no information on how you can become a distributor.

Perhaps, you can just email support@bocannaco.com. That just doesn’t sound right...

There’s also no information on what you can get if you’re a distributor, except for the usual wholesale price.

Bocannaco compensation plan

MLM companies love to make their compensation plans confusing and difficult to understand. Bocannaco is no different.

But no worries! I’ll try to keep this as simple as possible...

There are 3 ways you can earn money from Bocannaco:

Residual Income

Earn 15% profit for every product you sell. You’ll also earn bonus commissions weekly and monthly based on your personal sales volume.

Sale Bonus

Get a bonus from the sale of your downline member.

You’ll earn more if your downline also has their own “downlines.”

Organizational Sales

Earn bonuses from the total sales of your entire downline, up to 7 levels deep.

But you need to be an active distributor and hit monthly quotes to be eligible.

Yes, I know. You’re confused! That’s normal for MLMs, though, because they usually use complicated and fancy terms so that it’ll look like there are lots of ways to make money.

When in fact, there are just 2 things to do:

• Sell hemp products
• Recruit Bocannaco members

So you may be wondering...

Is Bocannaco a scam?

Bocannaco is not a scam, technically speaking.

They sell legitimate products and pay you with the exact figures that they say.

The thing is… too many people jump right in without knowing the real deal with this MLM!

They might stick with the company for a few months or a year, and then point the finger at the company for losing money.

The rest of this Bocannaco review will reveal everything you need to know so you can decide properly whether it’s worth the try or not...

Just to be fully transparent with you, I am not a distributor myself and I do not endorse it in any way.

I have researched the website, testimonials and information on the Internet to get to the bottom of what this program genuinely does. This is because I have been burnt from programs just like this in the past and I want to prevent others from making the same mistakes. If you’d like to learn how to “Spot an Online Marketing Scam” then click the highlighted text.

What I like about Bocannaco

Key Terms:

• Pyramid Scheme – recruits members via a promise for payment from referring others to the service rather than providing a product
• Affiliate Marketing- Connecting a customer to a product they are looking for and receiving a commission for doing so
• Red Flag - A warning sign

#1 Low cost to start

One of the few things I like about Bocannaco is that you only need to pay $90 for the entire year’s worth of membership.

 That’s not that much if you were to compare it to starting your own restaurant!

#2 Positive product reviews

I also found a number of positive reviews about their products.

What’s better is that these aren’t those regular spammy testimonials. They’re legit and reputable as I traced the person who wrote the reviews.

The products are free from THC, which is the chemical responsible for the “high” feeling you get from cannabis or marijuana.

Their products are also lab-tested, so I guess those are good signs that you can sell their hemp products.

What I don't like about Bocannaco

But as always, the cons outweigh the pros for these so-called MLMs...

#1 Expensive products

Bocannaco sells expensive products — a huge turn off and an obvious red flag that the company is a “pyramid scheme in disguise.”

Their cheapest product is the BocannaCaine Gel priced at $99. The Excalibur and Macy Mask are also priced at $149.95. Then there’s the CannaGize energy drink at $129.

It just doesn’t make sense why you’re going to buy that instead of a cheaper $5 Starbucks coffee or $2 Gatorade that basically does the same thing as those overpriced hemp products.

#2 Lacks information

Another big turnoff for me is the lack of information on how you can become a distributor. This is the only thing in their site that’s related to being a distributor...

It doesn't even mention the word "Bocannaco" because they've just rebranded! You’re going to have a hard time selling their products with this...

#3 Legalization issues

Hemp and CBD in general aren’t yet fully legalized.

In fact, they’re still banned in a number of states!

Here’s a diagram you might want to check out:

If this is the case, then how the heck are you going to sell this to as many people as possible?

Not only are you putting yourself at risk of being caught, but you also endanger the safety of your customers!

It's also important to realise that the CBD MLM market is already very saturated. There are tons of companies that offer a very similar product line such as:

• HealX
• My Daily Choice
• Touchstone Essentials
• Emris International
• HBD Naturals
• Hempworx
• Kannaway
• CTFO
• Zilis
• Hempsmart

This will make it harder to sell these products as there are a lot of companies trying to sell the same thing. 

#4 Downward trend

I checked out Bocannaco’s popularity in Google Trends, and here’s what I saw…

How on Earth are you going to sell their products if hardly anyone even searches for Bocannaco?

#5 Is Bocannaco a pyramid scheme in disguise?

Bocannaco is a pyramid scheme in disguise because it focuses more on recruiting instead of selling.

You need to recruit more people for you to earn money and stay active in the company. Their products are downright overpriced as well...

My opinion - Bocannaco

Here’s my frank opinion about Bocannaco...

If you can create a steady traffic to your website from people who are into CBD and hemp, then there’s a chance this could work.

You can also get legit leads to your website anytime and anywhere with actual people buying your product and joining the company.

But there’s another way to do this without you having to sell expensive and overpriced hemp to anyone you meet...

How I make passive income online

MLMs are not scams or illegal. However, I'm not a fan of them because of the restrictions to the expensive products you have to promote.

Once I learnt about affiliate marketing, I realised it's a far superior business model because:

• You can promote anything you want and truly own the business
• You never need to sell to friends and family
• It's completely free to start

In 2018 I had no idea what affiliate marketing was.