Why Is CBD Oil So Expensive

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Find out why some CBD oils are so expensive and some so cheap. How to decide if a product is genuine and how much should you be paying for CBD oil. How much does CBD oil cost? Why are some brands more expensive than others, and where’s the line between a premium product and a rip off? Read on to find out! CBD is a growing phenomenon, with sales tripling in the last three years. But manufacturers are forbidden to make medical claims on its effectiveness.

Why is CBD oil so expensive?

One 10ml bottle of CBD can cost anything from £20 to £200 depending on its strength. While it’s definitely expensive, these high prices are not chosen at random.

The costly processes involved in production drive up the price. To make a high-quality CBD oil takes specialist equipment, expertise and top-grade hemp plants.

Another major factor in the high price is the legal process surrounding the farming of hemp. Because hemp is in the same family as illegal cannabis strains, it must be closely monitored and meet strict legal requirements at every point, from seed to sale.

Why is CBD so expensive: fast facts

  • The cost of CBD is affected by organic certification, the extraction method used, lab testing, and legal constraints.
  • We consider a fair price for CBD oil to be around £30 for a bottle containing 500mg. Up to £35 if that product is certified organic.
  • Yes, some CBD products are overpriced, costing as much as £45 for 500mg. There is no reason to spend more than £35 on a bottle this size.
  • Low-cost products usually contain cheap materials such as CBD isolate that are not as effective as broad and full-spectrum products.

What raises the cost of CBD?

When a company sets out to make a CBD product there are several things that add to its cost:

1. Organic certification

Any CBD brand that applies for organic certification must meet rigorous standards . Their fields and farm premises are subject to regular inspections and everything from the fertilisers to harvesting practices must come from an approved list. While it’s expensive to set up a farm to reach these standards, the result is a high-quality product that has been grown without the use of artificial pesticides or fertilisers.

2. Extraction methods

Once the hemp has been harvested the manufacturers must extract the CBD. The most effective way to do this is by using supercritical carbon dioxide (CO2). The CO2 is heated and pressurised and then introduced to finely milled hemp plant material.

It dissolves and binds with specific substances allowing them to be removed from the remaining plant matter. This is the most precise, safe and environmentally friendly extraction method but it requires expensive equipment and skilled operators. CBD products that don’t use this method are usually of lower quality and may contain additional plant material, solvents or other contaminants.

3. Lab testing

Because the UK CBD industry is still largely unregulated, tests conducted by third-party labs are essential for customers to be able to verify that what’s in a container matches its label. The tests are a detailed analysis of the contents of a sample, including how much CBD and THC it contains.

Some labs just investigate the cannabinoids but now many more include a terpene profile and a screening of contaminants. Because the tests must be repeated with a sample from every batch of every product, it adds an extra ongoing cost.

4. Red tape

The legal status of hemp remains complicated throughout the world, but in the UK it’s particularly tangled. Currently, hemp grown in the UK cannot be used to manufacture CBD. As a result, it’s must be imported from elsewhere. Most often, UK products contain hemp extract from plants grown in Europe or the US.

The cost of ensuring that the raw materials are imported legally, on top of transport costs, adds considerably to the final price. Also, any companies working with hemp or CBD are subject to checks, legal challenges and additional costs.

It’s currently unknown if leaving the EU will mean that additional legal procedures and red tape will increase the cost of CBD any further.

Why are some products so cheap?

There are some great deals available but sometimes low prices can mean that corners have been cut. For example, most cheap CBD products are made with isolate , which is an almost pure form of CBD that is less expensive to produce.

While those made with isolate can be a good option if you’re strapped for cash, they don’t contain any of the other beneficial cannabinoids and plant substances found in broad and full-spectrum items. The entourage effect theory suggests that the presence of other substances may modify the effect of the CBD to produce broader, more potent effects.

Another reason CBD may be cheap is that it could be a scam. Hundreds of unscrupulous sellers attempt to pass off hemp seed oil, or other low-cost oils, as CBD so they can bump up the price. We recently explored Amazon and eBay and found numerous products designed to mislead people into paying for something that looked genuine but contains no CBD and is most likely just hemp seed oil .

How much should I pay for CBD oil?

The price of CBD oil can vary dramatically from product to product. When you get started, you’re likely to want a low strength oil so you can get used to how it affects you. A 10ml bottle of good quality oil containing between 400mg to 500mg CBD is likely to cost you £30 to £35. However, they can be as low as £20 or as expensive as £45.

Those with a strength between 1000mg and 2000mg usually start at about £60 and can reach £130. A very strong oil of 50% (5000mg in 10ml) is likely to be priced between £200 and £20.

Ultimately the amount you should pay for a CBD oil comes down to how effective it is and your budget. But, if you find one that is significantly cheaper or more expensive than suggested here, there is a chance that it may not be genuine, and it is worth exploring further before spending your money.

How to decide if a product is genuine

To have the best chance of purchasing a genuine CBD product, follow this checklist:

  • Look for well-known retailers with good reputations and lots of customer reviews on independent sites like Trustpilot.
  • Look for companies that have a membership with a trusted industry body like CannaPro or the Cannabis Trades Association.
  • Expect to see clear, informative details including the exact amount of CBD it contains in mg. For example, “1000mg CBD”, but not “1000mg” on its own.
  • Look for third-party lab certificates that back up the amount of CBD it contains.
  • Watch out for any claims that the product may have specific medical benefits. Genuine retailers will not sell it based on health claims.
  • Certificates from official organic authorities like the UK Soil Association are a good way to be sure you’re getting quality CBD. Check for the official logo and registration number to ensure it is authentic.
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Conclusion

The high price of CBD reflects the processes, equipment and legal requirements necessary to produce it. Other factors like marketing and packaging do play a role but don’t have as significant an effect on the final price point.

However, despite the expense, many brands offer well made, potent products at different price points. To get the most for your money you must find the right product for you. Use our checklist to help you find one of the incredible, genuine CBD products out there and discover what suits you best.

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Tom Russell

Tom Russell writes extensively about CBD oil and other groundbreaking food supplements. He and his wife share their home with two daughters and a lifetime’s collection of books.

How Much Does CBD Oil Cost? (CBD Prices Breakdown)

CBD products can be expensive, but there are at least a few reasons for that.

Before we get into details, know one thing: cheap CBD oil is a bad oxymoron. If anyone ever promises to bring relief from every health concern for a bargain price, you’re on the right way to throwing your hard-earned money down the drain.

The pricing of CBD oil isn’t as obvious as some people think. It’s the manufacturer’s liability to take care of the product’s quality because no federal agency has ever regulated the production standards and labeling requirements of hemp-derived CBD.

Although the market is booming and more professionals are entering the scene, the CBD industry is still wild, wild west.

How much your CBD oil will cost relies on several factors, such as the farming practices, extraction method, potency, and the brand’s reputation to name a few.

The price of CBD products can range anywhere between $9.88 and $400. There are different concentrations, formulas, and sizes to consider.

CBD is the latest trend in the health supplement industry, which also impacts the prices.

In this article, we break down the specific costs of CBD oil and show you how to save money on premium products.

CBD Oil Quality: Why Is It So Important?

CBD is a relatively new market that lacks regulation when it comes to production standards and the labeling of CBD products. So far, only one CBD-based drug was approved by the FDA (Epidiolex), refusing to acknowledge hemp-derived CBD as a medicine.

As a result, hemp CBD oil has been thrown in the same bucket as other health supplements. This means that CBD companies can get very liberal in making claims about their products, selling CBD oils that contain little to no CBD. Sometimes, these products may also contain potentially dangerous chemicals such as solvents, pesticides, or mycotoxins.

In 2018, for example, the Center for Disease Control reported 52 cases of poisoning in Utah, which were caused by incorrectly labeled products.

These were products known as “cheap CBD oil.”

As we said, there is no such thing as “cheap CBD oil.

Below we explain the costs involved in making CBD extracts.

Why Are Some CBD Oils More Expensive Than Others?

The process of making CBD oil is very expensive. All production stages, from farming to extraction and third-party testing, require specialist knowledge and expensive equipment, which translates to a higher price tag than you see on the majority of supplements sold over-the-counter.

A high-quality CBD product can have amazing effects on your daily life, but if the company is using low-quality ingredients and cheap extraction methods, you may be putting yourself at risk.

The manufacturer needs to ensure the top quality of hemp for its extracts, use safe extraction technology, and hire qualified professionals that will be able to work on the equipment — not to mention investing in third-party lab tests to confirm the potency and purity of the products.

There’s a lot of resources involved in the process, both time- and money-wise.

But how do you calculate the price of CBD oil to tell if it offers the right value for the money?

On one hand, there are companies claiming to sell premium CBD on the cheap, which is unreal. But on the other hand, lots of companies overprice the value of their product trying to sell “cutting-edge” CBD.

There must be a way to figure out where the honest guys are in the middle of this.

Let’s take a look at how to assess the affordability of CBD oils.

How Much Does CBD Oil Cost?

There’s a simple calculation you can make to determine the cost of CBD oil, and compare it with products from other brands to decide whether the price is too low, too high, or competitive.

What you need to calculate is the cost per milligram of CBD. This figure plays the most important role when it comes to deciding whether or not the product is affordable. You can forget about the formula, size, extra ingredients, and different forms of consumption.

All it matters is how much CBD you’re getting for the money.

CBD can cost between $0.04 and $3.00 per mg. You can narrow down that range when comparing different brands and products by using that metric.

Below we discuss the factors that influence the price of CBD products.

Read on to understand why some CBD oils are more expensive than others.

Factors that Determine the Cost of CBD Oil

The overall cost of CBD oil is influenced by the quality of the ingredients.

Here’s what makes a quality CBD product;

  • The hemp source
  • Extraction method
  • Potency
  • Third-party testing
  • The product’s formula

Premium CBD oils are usually priced higher than regular market value because there are rigorous quality procedures involved in the production. But on the other hand, when you purchase from premium brands, you can count on bulk pricing, reward programs, discounts, and coupon codes to save money on their products.

In the end, you’ll pay the same amount of money, or even less, than for seemingly less expensive brands.

Let’s briefly cover the factors that affect the cost of CBD oil.

Hemp Farming

The source of hemp used for making CBD oil is one of the major factors affecting the quality of the final product. The best CBD oils are sourced from organic, non-GMO, and pesticide-free plants. Using organic farming practices and growing hemp without pesticides or growth boosters is more expensive than mass production, and the prices usually reflect that.

If the company adds other organic ingredients to its formula, the price will likely go even higher.

Fortunately, hemp is now more popular than ever in the U.S., so using American crops becomes less expensive than importing hemp from Europe as most brands would do just a few years ago. As the hemp market continues to grow, the average market price of high-quality CBD products will get lower — it’s inevitable.

Extraction Technology

CBD can be extracted using a variety of methods, from natural solvent extraction to hydrocarbons, steam distillation, and CO2 extraction.

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CO2 extraction is by far the best method to achieve consistently high levels of CBD without using additional heat or toxic solvents. This makes CO2-extracted products more expensive than those made with alcohol, olive oil, or butane. The equipment required to perform CO2 extraction can cost between $135,000 and $150,000, so if a company uses this method, it’s a sign they are committed to quality.

The cheapest extraction method calls for using hydrocarbon solvents. However, these can cause explosions when handled improperly or leave behind a toxic solvent residue in the end product. This is the type of extraction you should steer clear of.

Potency

The potency of CBD refers to the total amount of CBD inside the bottle, measured in milligrams. The more potent your CBD oil, the more effective it may be in tackling your symptoms. High-potency oils are also good for people who weigh more or those who know their effective dosage and would like to stock themselves with CBD for several months.

Stronger CBD oils are usually more expensive, but brands often cut down on the price per mg of CBD. This means that buying a product with more milligrams of CBD can be more affordable in the long run, especially if lower-potency oils require you to renew your supplies every few weeks.

Third-Party Testing

Any trustworthy CBD company should send its products to independent laboratories for content analysis. These labs will verify the potency of CBD and look for potentially dangerous chemicals in the oil. The cost of testing oils in third-party labs typically increases the price, but it’s the only way to tell how much CBD is in your oil and whether or not it contains any unwanted substances.

Brands should make Certificates of Analysis for their products public, or at least make them available on request.

Other Costs of CBD Oil: What Else Can Raise the Price Tag?

The brand’s reputation is also a common factor impacting the cost of CBD oil. When you choose to purchase from a premium company with a pristine reputation, you may need to pay a bit more for its products. However, top-of-the-line brands provide organic ingredients, reward programs, special subscription deals, and more. They also use sustainable extraction technologies, employ rigorous quality testing, and offer customer service that can help you select the right products and answer your questions about CBD.

Last but not least, how much your CBD oil cost will vary depending on where you buy it from. Some people prefer to look for CBD oil somewhere near them. If you live in a place where cannabis is legal, you can head to the nearest dispensary, which is no doubt a convenient way to get quality CBD products. But since hemp-derived CBD oil is federally legal, you can find it in vape stores, pharmacies, or head shops, too.

However, products sold locally are usually more expensive than those you can order online due to the costs associated with running a physical storefront. When you purchase online directly from a brand, you significantly less than you would for the same-quality product in-store.

How Much Does CBD Oil Cost?

High-quality sublingual drops cost between $0.09 and $0.17 on average. The low end is $0.05, whereas some oils can cost upwards of $0.20 per mg. Usually, stronger oils will be less expensive per mg than low-strength products.

How Much Do CBD Capsules Cost?

CBD pills and capsules can contain anywhere from 10 mg to 50 mg CBD. The higher the potency, and the more capsules in the bottle, the lower the price per mg, even though the overall cost is higher. The average price per mg of CBD when it comes to CBD capsules is $0.09 – $0.13 per mg. The product can cost as low as $0.04 per mg and as high as $0.20.

How Much Do CBD Topicals Cost?

CBD topicals can take many forms, including salves, gels, creams, and lotions. These products are typically designed to help with localized discomfort. The cost of CBD topicals ranges between $0.07 and $0.10 per mg on the low end and upwards of $0.30 on the high end. On average, CBD topicals cost around $0.12 – $0.19 per mg. CBD topicals are available in various sizes, from 1 oz to 4 oz containers, and can contain up to 1000 mg of CBD per container.

How Much Do CBD Gummies Cost?

CBD gummies are similar to capsules in terms of pricing. They also cover a similar potency range, from 10 mg to 50 mg of CBD per gummy, with prices varying between $0.09 and $0.020 per mg of CBD. Gummies usually come in 30-count bottles, although some companies sell their gummy bears in 60-count or 120-count containers. You can also find brands that offer sample-size packs, with 5 gummies per pack.

Tips for Saving Money on Quality CBD Oil

  • Order CBD oil online
  • Purchase in bulk
  • Subscribe to newsletter
  • Join reward programs
  • Use coupon codes and seasonal discounts

Costs of CBD Oil: Let’s Wrap Them Up

The process of making CBD oil isn’t cheap, so it would be naive to expect companies to sell high-quality products at a loss. If you see a company that claims to sell premium CBD oils on the cheap, it’s an instant red flag. There are many companies churning out low-quality mislabeled products just to prey on uneducated customers and the lack of regulation.

But does that mean you always have to go big-spender? Are there no affordable CBD products online or near you?

Of course, they are — you just need to know where to look for them.

Make sure that the company you’re going to purchase from uses organically-grown, non-GMO hemp. If the brand uses CO2 extraction to produce CBD oils, it’s all the better because this method doesn’t require additional heat or solvents. Finally, always ask for third-party lab reports. This is the only way to ensure that your product contains the advertised amount of CBD and is free from potentially dangerous additives.

Of course, premium brands price their products a little bit higher than the market standard, but there’s a lot of options to save money on their oils, such as the aforementioned reward programs, discounts, and bulk pricing.

If you want a risk-free way to try different products, look for companies that offer some form of a money-back guarantee. It’s also a sign that the company is confident about its products.

Do you think CBD oil is too expensive? Let us know what you think about the future trend in its pricing?

Livvy Ashton

Livvy is a registered nurse (RN) and board-certified nurse midwife (CNM) in the state of New Jersey. After giving birth to her newborn daughter, Livvy stepped down from her full-time position at the Children’s Hospital of New Jersey. This gave her the opportunity to spend more time writing articles on all topics related to pregnancy and prenatal care.

What is CBD oil, and why is it so expensive?

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    is a new and rapidly growing phenomenon, with sales tripling in the last three years.
  • Manufacturers are unauthorized to make medical claims about the effectiveness of CBD oil.
  • 62% of CBD products tested in the UK didn’t contain the cannabidiol content promised on the label.
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Following is a transcript of the video.

Narrator: Depending on who you ask, CBD oil can be a miracle cure, a snake-oil placebo, or something vague in between. This poorly regulated industry, which has boomed over the last three years, is a minefield for newcomers. Considering that manufacturers are unauthorized to make medical claims, how can one CBD oil cost $50, while another of the same volume costs $390? And are premium CBD oils justified for being so expensive?

Firstly, what is CBD?

Dani Gordon: CBD stands for cannabidiol. That’s the chemical name for one of the chemicals in the cannabis plant. The CBD oil that you’re seeing on shelves that consumers can buy without a prescription is actually from low-THC, the stuff that makes you high, varieties of the cannabis plant.

Narrator: CBD is a new and rapidly growing phenomenon, with sales tripling in the last three years. But the line between what consumers are using it for and what manufacturers can say to attract them is increasingly blurred.

Gordon: It can be used for a variety of purposes, things like inflammation, anxiety, stress, and it can also be used just to support general wellness. Now, the differentiating criteria between a medicine and a supplement is you cannot make a claim that it treats or cures a specific medically diagnosed disease. And that’s really important for companies to understand, because they can get their products pulled off the shelves, and they can also potentially sometimes unintentionally mislead consumers.

Narrator: But in the age of anxiety, it’s no surprise that CBD has become a hot ticket for manufacturers, who infuse all sorts of products with cannabidiol, shrewdly tapping into its perceived wellness benefits and bumping up the price of otherwise standard items, like gummies, sportswear, tampons, and even dog treats. But how do we assess the value of CBD oil, which is actually produced in two different ways?

Gordon: A full- or broad-spectrum product is made from the whole plant extract. They take the flower and they process it, and they come up with an extract that not only has CBD, but it has other plant chemicals, other cannabinoids, other terpenoids, other things in the plant that work together in this, what’s called this herbal synergy, this entourage effect. And what you get is greater than the sum of its parts.

Narrator: But some manufacturers process the extract even further into CBD isolate, a substance devoid of all other plant chemicals and labeled as “pure CBD.” But this isolate, which often features in expensive products, is generally considered to be less effective and cheaper to make.

Gordon: Some brands and some companies will put CBD isolate into a product and then brand it as a premium product, even though the cost of actually making it, because the cost of the isolate, is quite a lot lower than the cost of a full- or broad-spectrum CBD.

Narrator: But because of lax regulations in the industry, this fundamental difference in CBD oils is often disguised by manufacturers. The front of this premium $300 bottle, for example, does not display that it is, in fact, made from isolate.

Gordon: Sometimes you have to dig into the nitty-gritty of the ingredients. And sometimes you even have to, you might have to call the company and see what they’ve actually used. But in general, the labeling criteria are becoming a little bit stricter, so more and more consumers will be able to know what is a CBD isolate product and what comes from a full- or broad-spectrum source.

Narrator: These products can also be measured by the amount of cannabidiol in each bottle.

Gordon: What you really need to look for is the number of milligrams in the entire bottle, and then the number of milligrams of CBD per dose. And that’s really gonna tell you the bang for buck.

Narrator: But even high-dosage, full-spectrum CBD doesn’t have the approval from the Food and Drug Administration. The FDA says it “recognizes the significant public interest in cannabis and cannabis-derived compounds, particularly CBD. However, there are many unanswered questions about the science, safety, and quality of products containing CBD.”

More worryingly, lab tests conducted by the Centre for Medicinal Cannabis found that 62% of CBD products tested in the UK didn’t contain the cannabidiol content promised on the label. One product actually contained no CBD whatsoever.

CBD is shrouded in mystery and confusion for the consumer. On the one hand, a 2018 cross-sectional study of CBD users found that almost 62% “reported using CBD to treat a medical condition,” stating that CBD has “broad therapeutic value. But on the other hand, manufacturers cannot use the research data to make medical claims, leaving spokespeople in the unenviable position of having to promote their products to a certain demographic while avoiding endorsing the public’s perception of CBD.

Brett Heaps: So, what we’re not allowed to do with our products is make any medicinal claims, ’cause they’re not medical products. All our products that we sell are wellness products to improve sleeps and moods. We see CBD as a homeostasis product, which balances the levels in your body to get you into a normal state and balanced mind.

Narrator: Thankfully, despite the misconceptions, no matter what you use it for, there is a way to get a snapshot of the quality of CBD oil.

Gordon: You wanna look for a certificate of analysis. That means that that is a third-party-tested lab report. They test their product to make sure that it’s not contaminated, make sure it doesn’t have accidental THC levels above the allowed limit. Make sure it doesn’t have heavy metals in it. Make sure there’s no microbials, so, bacteria or fungus that can grow in these plants. No herbicides, pesticides, things you don’t want in it.

Narrator: So, why is it so expensive? The cost of producing CBD oil isn’t particularly high in relation to other large-scale crops. But there appears to be a premium on all cannabidiol, as revealed in this comparison of full-spec CBD, which shows that its prices grow pretty uniformly, according to the price per milligram in each bottle. With any wellness product with a global hype, high demand means high prices. Statistics show that sales of CBD will likely reach $1.8 billion in the next two years. But without regulation, medical research, and clear consumer knowledge, the human value of CBD oil will, for now, remain a matter of opinion.

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