Bioreigns Review – Legit CBD Business Opportunity?
Now with the growth of legalization for marijuana, many businesses are popping up looking to take advantage.
Not only that, but even the MLM industry is coming out and offering income opportunities for those looking to start their own business.
But like always, making sure you join a legit company will be crucial.
One MLM company that has made their way into the CBD niche is Bioreigns. But the big question is are they legit?
Well in this review I plan on going over everything you need to know about them.
Like their background information, cost to join, and how much you can expect to earn in this company.
Bioreigns Review Summary
Founders: Bryan Reed and Jojo Dominic Contino
Product Type: CBD Products MLM
Price to join: $50 to $599
Best For: Those who can market CBD products
Summary: Bioreigns is an MLM company that markets in the CBD industry.
As lucrative as the CBD niche can potentially be, more than likely there is no money to be made here.
The earning potential is very low, and there is no guarantee that you will be able to build a strong business.
That’s because overall MLM business models tend to fail 99% percent of the time.
Also, being that the legalization of marijuana is spreading, there are still a few obstacles to overcome.
What Is BioReigns?
You can somewhat consider BioReigns a health and wellness company since they market CBD products.
But no doubt they are an MLM company that provides members an opportunity to earn income in the CBD industry.
Back in 2018, they launched their website, but wasn’t officially launched until the following year.
I did a bit of research on their website to find out who the owners of this business was, but was unable to find that info.
However, I searched other areas on the net and was able to find that both Bryan Reed and Jojo Dominic Contino were in charge.
Checking out their background, it doesn’t look like either person has that much experience in the MLM business.
Based on this information, I’m curious to check out their products and see what they have to offer.
I’m sure you are as well so let’s take a look.
BioReigns Product Line
BioReigns offers quite a list of products which is surprising for such a new company like this.
This is typically a good thing for distributors as this helps with making sales. All products were made in the USA, which is a good thing.
I’ll explain later why this is the case.
Below is a list of the products BioReigns has to offer:
- DBD Daily - Probably one of their popular products, this is a water-soluble hemp complex that retails for $69.99 for a 30-ml bottle.
- CBD Daily Full Spectrum - Another version of CBD Daily that retails for $69.99 for a 30-ml bottle with an Extra Strength version for $89.99.
- Limitless - CBD capsules that retails for $69.99 for capsules
- CBD Lean - “maximize your body natural ability to burn calories”, retails at $89.99 for a 30 ml bottle.
- Pet Tincture - These are water-soluble CBD tinctures that retails for $49.99 for a 30ml bottle, ideally for your pets.
- Relief Cream - A pain-relief cream that retails for $49.99 for a 100-ml bottle.
- Relief Lotion - Another version infused with herbal properties such as Horse Chestnut Extract, Arnica Extract, Calendula Extract, and other essentials oils.
As you can see from the list, the products are a bit on the pricey side. So you will have to determine if they are worth it to you or not.
But before you decide, let’s go over a few things first.
The fact that BioReigns manufactures its products in the USA is important for health standards.
Making sure their products are of good quality is something that an organization like the FDA monitors heavily.
Obviously their job is to make sure that products are safe for consumers to take, so manufacturing in the country is a huge plus.
However, I wasn’t able to clearly understand how the extraction process works or learn where they get their hemp supply from.
Most CBD companies share this process so it’s a bit unusual that BioReigns does not.
Does The Product Work?
With so many CBD products on the market, it’s hard to tell if any of them work.
From what I know, The FDA in the US has only approved one CBD product which has gone through your standard testing.
That drug happens to be Epidiolex which helps with seizures.
Although BioReigns claims their products are beneficial in many ways, there really isn’t any substantial proof to these claims.
Your best bet would be to purchase and see how it works for you. Other than that, there isn’t any way to verify the effectiveness of their CBD products.
How To Make Money With BioReigns?
Like most MLM companies, there’s only so many ways in which you can make money. Those ways are:
- Selling products the company provides
- Recruiting others to sell products
BioReigns is no different. As a distributor, you are given the right to sell the products I’ve listed above. If you want to make even more money, then recruit others to do the same.
How To Get Started with BioReigns?
In order to participate in their compensation plan, you need to first purchase one of their activation packages:
- Enrollee Activation - $50
- Distributor Activation - $109.99
- Sample Activation - $129.99
- Manager Activation - $249.99
- Elite Activation - $599.99
When deciding to join, it’s important to factor in the cost benefits. Obviously your earnings will be impacted by your purchase of any of these packages.
The higher the package, the better your earnings potential will be.
You also have to factor in some autoship costs that come with each package in order to be eligible for the compensation plan.
BioReigns Compensation Plan
Compensation plans for MLM tend to be overly complicated, but BioReigns seems to be somewhat clear to understand.
For every BioReign product you personally sell, you can earn a flat 25% to 50% commission. Compared to other MLM businesses I’ve reviewed, this seems to be a very high split.
Residual Commissions Unilevel
These are the commissions you make when people you bring into the business sell products and recruit.
You will be placed at the top of the tier, and those under you will be placed at first and second levels. This goes on until you reach level 10.
Residual Commissions Binary
This is a little bit different compared to the unilevel structure. It is more binary where you have legs so that you can place your recruits and the people they recruit.
This is more vertical rather than horizontal.
What I Like About BioReigns
Although they are in a very interesting niche, the company itself offers nothing exciting about it. It’s your typical MLM looking for a way to monetize a potentially growing market.
What I Don’t LIke About BioReigns
#1. Low Income Potential
The numbers just aren’t there when it comes to your potential yearly earnings.
According to their income disclosure statement, on average, distributors make anywhere between $500 and $2000 yearly.
Yes this is an estimate, but even if it were $1000 higher, it’s still not enough to change your financial situation.
#2. Unfounded Claims
When it comes to CBD’s companies, they tend to be very cautious with making claims about the benefit their products can provide.
So when you hear BioReigns making all these claims, it makes you hesitate a bit.
That’s because the FDA tends to be very strict with approving products in this particular niche.
#3. Difficult Niche
Although there is a lot of potential in the CBD market, not many people know about them. Not only that, but many are unsure about the benefits CBDs can provide.
You also factor in that there are states that haven’t legalized it yet makes it difficult to get into.
Is BioReigns A Scam?
There is no doubt that BioReigns is a legit company.
They check all the boxes which are products to sell along with being able to recruit people into the business.
If their only method to earn income was by recruiting, then you could say they are operating as a pyramid scheme.
But they do have products to sell which are the CBDs, thus making them legit.
However, I wouldn’t recommend anyone join this company since the earning potential is very low.
I would prefer you join a company that can teach you how to make money online which is more sustainable.
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