The notoriety of cannabidiol has grown tremendously over the last couple of years. But what about the availability of CBD oil and its prices? Many novice CBD users ask the question, how much does CBD oil cost? With so many variations in the cannabis industry, determining the product of truly worth the cost is challenging.
Several factors influence the cost of CBD oil. Despite the popularity and readily growing CBD market, the price of CBD has hardly gone down. However, after calculating the cost of CBD products, including organic farming, supercritical extraction, and lab testing, you will come to know that CBD oil cannot be cheap.
There is a range of high-quality products in each batch of CBD oil that you cannot buy without spending capital.
In this article, we will break down the cost of other hemp-derived products and CBD oil. Also, we will share a handful of tips that will get your hands on high-quality products without overpaying them.
How Much Does CBD Oil Cost?
The best CBD products can cost between $0.02 and $0.2 per mg CBD on average.
The larger the volume of CBD oil, the higher the potency and higher will be the rate. However, the larger bottles pay off over time as they are affordable in the long run.
Most often, you can determine the cost of CBD oil by:
- Source of hemp
- Method of production
- Levels of potency
- Third-party lab testing report
- Quality control
Due to advanced manufacturing techniques and effective production methods, the product costs are high. Also, the price varies according to the types of product you are using.
Factors that Affect CBD Prices
CBD is a pricier wellness supplement in the market, offering relief from a variety of health conditions. Numerous factors contribute to its overall cost. To make a reliable dietary supplement, manufacturers pass a product through several manufacturing measures.
Some factors that influence the cost of CBD oil include:
The hemp plant is a bio-accumulator that can absorb everything from its surroundings. All the reliable CBD brands and companies use organic hemp plants to obtain cannabidiol. Organically grown dynamic bio-accumulator are of good quality. Organic farming ensures the quality and purity of source material and makes it a rich source of CBD and other active ingredients.
There are numerous ways to extract cannabidiol from the hemp plant. However, the supercritical method to obtain cannabidiol is the carbon dioxide extraction method. On the other hand, hydrocarbon solvent extraction is the cheapest method.
To purify the hemp extract from all toxic materials, the CO2 extraction method is cost-effective. The efficiency of CO2 pulls all the beneficial compounds from the plant without introducing high temperatures. For this extraction process, numerous high-quality equipment is necessary. Finally, this extraction process is expensive, which ends up in a higher final price of CBD products.
Another factor that can determine the cost of CBD oil is the cannabinoid spectrum. Generally, there are three types of hemp extract:
Full-Spectrum CBD – It is close to the original plant. A full-spectrum hemp extract contains all-natural cannabinoids, flavonoids, terpenes, and delta-9 THC. However, it contains the legal 0.3% THC that does not cause hallucination. Typically, these products are superior to the other two forms of cannabidiol.
Broad-Spectrum CBD – It carries all possible cannabinoids and flavonoids, and terpene profiles without THC.
CBD Isolates are what they sound like – pure, isolated cannabidiol. People who don’t want to take the trace amount of THC to choose CBD-isolate products. However, some people consider it less beneficial as they lack synergy from other hemp compounds.
Products with higher concentrations of CBD are expensive as they come up with better values. That is something you buy in bulk to save money will give you long-lasting effects. All these factors contribute to how much does CBD oil cost.
CBD oil also contains some additional ingredients, such as carrier oils. Some high-quality carrier oils are:
- MCT oil
- Avocado oil
- Olive oil
Additionally, CBD oil carries organic honey and natural flavoring to enhance its effectiveness. If you are shopping for CBD oil intending to find a truly organic product, the extra cost may be worth it.
Third-Party Lab Testing:
Well, a third-party test is a primary indicator of quality. It indicates that the product doesn’t contain any harmful and toxic residue. The laboratory test CBD oil for its:
- Cannabinoids strength
- Terpene profile
- Heavy metals
In-depth testing costs more than increases the cost of CBD products. When buying a CBD product, be sure to check the third-party test report that ensures the quality, safety, and transparency of the product.
Why Do People Pay So Much for CBD Oil?
You might be wondering why people are paying so much for CBD oil. The primary reason behind this is that CBD oil offers a wide range of health benefits. People take CBD oil to relieve pain, alleviate anxiety, improve general wellness and insomnia. CBD has become a versatile compound and is available in a variety of products.
Moreover, CBD produces minimal to zero side effects, such as:
However, not all people experience these side effects. If you are taking any medication and willing to add CBD to your wellness routine, be sure to talk to your healthcare professional.
How to Get the Best Deal on CBD Oil?
Now you have established an easy way of accessing the affordability of CBD oil it is easier to compare prices. When buying CBD oil, check all these factors to determine how much does CBD oil cost.
Here are few handy tips:
- Look at the price per mg, rather than bottle size
- The more CBD you buy at a time, the longer it will last
- Vaping is the most cost-effective way to experience the therapeutic effects of cannabidiol
- CBD oil is the best in terms of bioavailability