Xifra Lifestyle provides no information on its website about who owns or runs the company. Goodman is presented as CEO of Xifra Lifestyle and speaks Spanish. Outside of Xifra Lifestyle there is no information on Goodman available, casting doubt on whether that’s the individual’s real name. In an attempt to appear legitimate, Xifra Lifestyle provides a corporate suite address in Mexico on its website. Most of the Xifra Lifestyle marketing I’ve come across appears to be targeting South America, namely Costa Rica. As always, Balance Bloom CBD Gummies if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. Xifra Lifestyle has no retailable products or services, with affiliates only able to market Xifra Lifestyle affiliate membership itself. Despite being featured on Xifra Lifestyle’s website, Balance Bloom CBD Gummies Premium doesn’t actually appear to be available. There are twelve affiliate ranks within Xifra Lifestyle’s compensation plan.
Xifra Lifestyle pays residual commissions via a binary compensation structure. The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions). Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level. Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow. At the end of each day Xifra Lifestyle tallies up new investment volume on both sides of the binary team. Affiliates are paid 7% to 12% of funds invested on their weaker binary team side. Once paid out on, investment volume is matched on the stronger side and Balance Bloom flushed. Any leftover volume on the stronger binary team side carries over. Xifra Lifestyle pays a Matching Bonus on residual commissions earned by personally recruited affiliates.
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team. If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels. Basic Xifra Lifestyle affiliate membership is $115. Full participation in the attached income opportunity requires an initial $300 to $50,000 investment, plus a $15 membership fee. In the products section we covered additional affiliate membership fees and bundled products. These don’t appear to have anything to do with Xifra’s MLM opportunity. Note that all payments within Xifra Lifestyle are made in bitcoin. Xifra Lifestyle represents that it generates ROI revenue via trading and cannabis planatations. No evidence of Xifra Lifestyle participating in any of these activities is provided. More importantly, Xifra Lifestyle’s passive returns constitute a securities offering. Xifra Lifestyle provides no evidence it has registered with financial regulators in any jurisdiction. This means that at a minimum Xifra Lifestyle is committing securities fraud. As it stands the only verifiable source of revenue entering Xifra Lifestyle is new investment. Using new investment to pay advertised returns makes Xifra Lifestyle a Ponzi scheme. With no retail component, the MLM side of Xifra Lifestyle functions as a pyramid scheme. As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment. This will starve Xifra Lifestyle of ROI revenue, eventually prompting a collapse. The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money. Update 9th January 2022 - Xifra Lifestyle was in fact founded by Jonathan Sifuentes. Mexian authorities arrested Sifuentes earlier this week. There is also apparently a US investigation underway. Whether Sifuentes has exit-scammed is unclear. At time of publication Xifra Lifestyle’s website is offline.
After clearing its way through EU-GMP certification, a North Macedonian company is now able to export medical cannabis products to the EU. How will this affect the landscape of medical cannabis in Europe? In Macedonia, Balance Bloom cannabis is not legal for recreational use at all, and there are no decriminalization or personal use laws to boot. However, in 2016, Macedonia did approve a bill for medical cannabis within the country. As per Macedonian laws, which sync with EU laws here, oils and extracts can have up to .2% THC and still be sold without a prescription. Cannabis with any higher THC amount can be obtained through prescription. The laws allow for private citizens to make use of medical cannabis, as well as for Macedonia to enter into the legal medical cannabis market with laws to cover cultivation, production, and exportation for medicinal use. Since that time, and according to internal legislation, Macedonia has been exporting extracts, oils, and tinctures, but that’s it.