Business

Did Shark Tank Invest in CBD Gummies?

What are CBD Gummies?

CBD gummies are edible candies that contain cannabidiol (CBD), a compound derived from the hemp plant. CBD is one of the many cannabinoids found in cannabis, but unlike tetrahydrocannabinol (THC), it does not produce psychoactive effects or a “high”. CBD gummies are marketed as a natural remedy for various health issues, such as anxiety, pain, inflammation, insomnia, and cognitive function.

What is Shark Tank?

Shark Tank is a popular reality TV show that airs on ABC. The show features aspiring entrepreneurs who pitch their business ideas to a panel of investors, known as the “Sharks”. The Sharks decide whether to invest in the businesses or not, based on their potential and profitability. Some of the famous Sharks include Mark Cuban, Lori Greiner, Kevin O’Leary, Barbara Corcoran, and Robert Herjavec.

Did Shark Tank Invest in CBD Gummies?

No, Shark Tank did not invest in any CBD gummies. This is a false claim that has been circulating on the internet, especially on social media platforms like Facebook. The claim usually involves a fake news article that features an image of Kevin O’Leary with two women holding boxes of CBD gummies. The article claims that the women are sisters who invented a new CBD gummy formula that can stop nicotine cravings and normalize blood sugar levels. It also claims that they received a historic $2.5 million deal from all six Sharks on the show.

However, this is a complete hoax that has no relation to Shark Tank or the Sharks. The image of O’Leary and the women is actually an altered version of a photo taken outside of a Wine & Design store, a franchise that offers painting classes and parties. Wine & Design was featured on Shark Tank in 2017 and received an investment from O’Leary. The women in the photo are not sisters, nor are they the inventors of any CBD gummies. They are actually the co-founders of Surprise Ride, a subscription service that delivers educational activities for children. Surprise Ride also appeared on Shark Tank in 2013 and later received an offer from O’Leary on the spin-off show Beyond the Tank.

The fake news article is designed to lure unsuspecting consumers into buying the CBD gummies from a dubious website that has no affiliation with Shark Tank or the Sharks. The website also uses fake testimonials and endorsements from celebrities and doctors to promote the product. The product itself may be ineffective, unsafe, or illegal, depending on the ingredients and the regulations in different states and countries.

How to Avoid CBD Gummy Scams?

CBD gummies are not regulated by the Food and Drug Administration (FDA), which means that there is no guarantee of their quality, safety, or efficacy. Therefore, consumers should be cautious when buying CBD gummies online or offline. Here are some tips to avoid falling for CBD gummy scams:

  • Do not trust any claims that CBD gummies have been featured or endorsed by Shark Tank or the Sharks. This is a common tactic used by scammers to attract customers and gain credibility.
  • Do not click on any links or ads that lead to suspicious websites that sell CBD gummies. These websites may contain malware, viruses, or phishing schemes that can harm your device or steal your personal information.
  • Do your research before buying any CBD gummies. Check the ingredients, lab reports, customer reviews, and company information of the product. Look for reputable brands that have third-party testing and certification to ensure the quality and purity of their products.
  • Consult your doctor before using any CBD gummies, especially if you have any medical conditions or take any medications. CBD may interact with some drugs and cause side effects or complications.
  • Be aware of the laws and regulations regarding CBD in your state or country. CBD is legal at the federal level in the United States, but some states have different rules and restrictions regarding its use and sale. In some countries, CBD is illegal or controlled under strict conditions.

Conclusion

CBD gummies are popular products that claim to offer various health benefits, but they are not endorsed by Shark Tank or the Sharks. This is a false claim that has been used by scammers to deceive consumers and sell low-quality or fraudulent products. Consumers should be careful when buying CBD gummies online or offline and follow the tips above to avoid being scammed.

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