What Factors Affect CBD Oil Price?

  • April 26, 2022
  • 3 min read
What Factors Affect CBD Oil Price?

The CBD market has been swiftly flourishing for several decades as its versatile nature makes it fit for use in several areas of the medical arena. Gummies, oils, tinctures, pills, and several other products are being manufactured extensively worldwide to cater to a huge population of people using CBD as a daily supplement. However, CBD oil prices are a critical concern of most users.

Undoubtedly, CBD oil cost is generally high, but the reason behind it is the series of factors that directly affect the prices. CBD has to go through a certain process, which makes it pricey. As a good buyer, you must be aware of all the ins and outs of CBD manufacturing and the factors that affect the prices. Only then would you understand why running after cheaper products isn’t worth it. Following is a list of factors that directly affect the prices of CBD price per mg.

Where Does CBD Come From?

Sources of CBD extract make a substantial difference in the product quality. This is because the hemp plant is highly vulnerable to environmental factors and tends to absorb all the substances. Good manufacturers extract CBD oil from organically grown hemp only. Organic hemp gives purer extracts and makes a better product, which is pricier than impure extracts. Paying a few extra bucks for more refined CBD oil is better than saving a few bucks for impure and poor-quality oil.

How Is CBD Extracted?

CBD goes through several procedures before it gets to you. Several extraction methods are used to extract CBD. Each method involves a number of solvents that had to be purged out later. The cheaper solvents like hydrocarbon solvents are harmful to you, while better ones are a bit pricier for the manufacturers. If a brand chooses to pick the safest extraction methods to come up with the best CBD oil, it ought to be more expensive than the rest. As long as it’s safer, it’s better not to hesitate to spend extra bucks.

What Type of Product Are You Buying?

The potency and type of CBD product significantly decide the price of the product. High-potency CBD products contain more concentration of CBD, which makes them cost-effective. It means that “less is more”, and you don’t have to use large doses every time. On the contrary, if you choose cheaper and less potent products, you might have to buy more of them. Probably you’ll be paying the same cost by the end of the day.

Does It Have Any Pricy Additional Ingredients?

If your CBD tincture contains premium quality substances, like honey, organic oils, or other natural flavorings, it will automatically make the product pricier. Make sure to look for the ingredients before you analyze whether a product is costly or not. 

Final Thoughts

Other things like company certifications and testing make a difference as well. It’s important to look into all aspects before deciding which is the “best price for CBD oil”. Just strolling around and blindly picking up the cheapest CBD oil is never a good idea as not all CBD oils are the same.

Michael Levin is a CBD enthusiast, researcher, writer, and editor in the cannabis space experienced CBD user and educator. He believes CBD can help improve our overall health and wellbeing.

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