Cannabidiol, more commonly known as CBD, comes from the cannabis plant of hemp. It is different from THC, as it is not psychoactive. This means that although it is known to have medicinal properties, it will not make you feel “high”.
In 2018 the federal Farm Bill was passed. This allowed CBD to become federally legal in all 50 states. Out of all wellness trends of 2020, CBD is the most popular. Despite CBD now being put into many different products, including lotions, edible gummies, and tinctures the most effective form of CBD is the original formula of ingestion…oil.
In this article, you will learn:
- How Much Does CBD Oil Cost?
- How Quality Affects CBD Oil Prices
- The Difference Between Strong vs Weak Concentrations
- What are the Most Potent Types of CBD?
- Should You Pay More for CBD?
- How Does the Price of CBD Oil Compare to Other CBD Products?
- What to Look for When Purchasing CBD?
- Where to Get the Best CBD?
How Much Does CBD Oil Cost?
The CBD industry is already a multi-billion dollar industry. This might make you wonder how much a bottle of this liquid gold is going to cost you. Typically CBD oil is sold in 1-ounce packages, which is also 30ml. One 30ml bottle of CBD can cost anywhere from $30, up to over $200.
As with anything in life, there is a huge range of qualities and options on the market. This huge range of price difference is primarily due to a few main factors:
- Branding
- Testing
- Quality
- Potency
- Size
This might seem complicated, and it is. Although some of these factors make sense as to why one CBD oil might be more expensive than another, some price points do not make much sense at all. Let’s dive in to understand what affects CBD oil prices, and how much you should expect to spend based on what you are looking for.
How Quality Affects CBD Oil Prices
The quality of ingredients is one of the main factors that impact the overall cost of CBD oil. Despite this, there are many other aspects that go into a high-quality CBD product.
Organic
CBD comes from the plant hemp, and hemp is grown in many different ways, similar to other crops. Some of the best CBD oils are known to be made with organic, pesticide-free, and non-GMO hemp. Because of this, it costs more to produce this hemp, and price often shows this. Aside from simply the hemp being organic, the product cannot be defined as organic if the oil, flavoring, and all other aspects of the product are not organic too. This will increase the price as well.
USA Grown
For many years, CBD companies were forced to source in Europe. As CBD continues to gain popularity in the United States, more and more companies are using American grown hemp. This allows companies a more affordable source to create CBD from and contributes to a larger lower-priced market on high-quality CBD products.
Third-Party Testing
Testing is essential when it comes to CBD products of any kind. Reputable CBD brands use independent laboratories in order to properly test their products. In these third-party tests the test for both potency and purity.
Because the cost of testing oils in a third-party lab is expensive, these products are often higher in price. Regardless, third-party testing is essential to know exactly what is in your CBD and whether or not it contains potentially harmful substances.
Potency
The potency of CBD oil refers to the total concentration of all CBD that is inside the bottle. This is always expressed in milligrams. When your CBD oil is stronger, you should see it effectively manage your systems to a better extent. High-potency CBD oils are often good for those who know their dose and are looking to save money. Typically the stronger the oil is that you buy, the better deal you will receive.
Premium Ingredients
Since CBD oil has more than just CBD in the bottle, there are obvious ingredients like the oil that the CBD is suspended in or flavorings. These ingredients can change the cost as well. Whether they are premium ingredients like a USDA-certified organic MCT coconut oil rather than other forms of vegetable oil, or organic flavorings as compared to untraceable scents. This can increase or lower the cost depending.
Type of CBD
There are three main types of CBD, Isolate, full-spectrum, and broad-spectrum that vary in potency, which affects the price. We will talk more on this later on in the article.
Strong vs Weak CBD Concentrations
Some experts maintain that anything below 50mg CBD per milliliter (which equals approximately 2.5mg CBD per drop) has a minimal effect on the body. Despite this, other research suggests that cannabidiol concentration for strong CBD products should be even higher. This is stated to be at least 100mg CBD per milliliter (or roughly 5mg CBD per drop). Basically, when looking for a CBD product you want more CBD per milligram in your product. In order to get the full affects of CBD you need a proper dose. The higher the potency or dose of CBD the greater the affects.
We are not saying take all CBD at once, moderation is key. We simply want to emphasize that testing is done with small amounts due to regulation so it might be beneficial to do some testing of your own. At Puure Therapeutics, we recommend starting with small doses and gradually increasing as you get more comfortable with the affects.
What are the Most Potent Types of CBD?
When looking for CBD you may have noticed that there are a few different types you can choose from. These differentiate based on different cannabinoid spectrums and offer different levels of potency.
These different types of CBD include full-spectrum, broad-spectrum, and CBD isolates. Although these sound similar, they are quite different from one another.
Should You Pay More for CBD Oil? Is It worth it?
You truly get what you pay for with CBD oil. If you are looking for a bit of relaxation, then you may not need an extremely potent oil. If you are using it for pain relief, on the other hand, you might want to have top of the line products to truly penetrate your system. It all really depends on what you plan to use it for.
Higher quality CBD oils will give you better results. We believe in quality of products here at Puure Therapeutics and in order to deliver the best results you have to use high quality ingredients.
How Does the Price of CBD Oil Compare to Other CBD Products?
Besides CBD oil, CBD comes in many other forms as well. Some of the most common include capsules, edible forms, and lotions. It is good to note that CBD oil is the most potent CBD product, but other forms have their place as well.
CBD Capsules
Available in a variety of potencies, CBD capsules typically come in 10mg and 25mg. When the potency is higher, the bottle will be larger, meaning you get more for your money. Typically you should expect to spend $0.09 – $0.13 per mg in a CBD capsule. Although you can find other products lower and higher, you should look for a full-spectrum option for the best results.
Topicals
Topical CBD items come in gels, creams, lotions, and salves. These are great to provide relief to a specific area of your body. Costing anywhere between $0.07 per mg, all the way up to $0.36, the average is around $0.17 per mg.
Edibles
Similar to capsules, CBD edibles usually contain from 10 mg to 25 mg of CBD per piece. Edibles come in various forms such as gummies, brownies, and CBD drinks. Expect to spend between $0.09 – $0.20 per mg, and expect gummies to come in a 30 count bottle.
What to Look for When Purchasing CBD?
When purchasing a CBD product you want to look for high quality. This is something you are using to self-medicate, and you are putting it in your body. With the average price of CBD oil being on the more expensive end, it does not hurt to splurge in order to get something that is organic and truly works.
Where to Get the Best CBD? Puure Therapeutics
If you are looking for the highest-quality CBD look no further than Puure Therapeutics. Puure Therapeutics offers pharmacists founded and pharmacists formulated CBD oil. All products are manufactured in an FDA registered facility in the USA from US-grown hemp. Certified by an independent Third-party, you can be sure these products are top of the line. For more information about how our CBD Oil can benefit you, contact us or check out our blog!