How Much Does CBD Oil Cost? Are You Paying Too Much?
CBD is a wellness supplement that can benefit us all and create a state of balance in the body and mind. When you’re looking for the best CBD product, you should take many factors into consideration before making a decision. These factors range from quality and branding to CBD oil prices. When it comes to answering the question of “how much is CBD oil,” there isn’t one set answer.
In an industry like CBD, which is relatively new, there haven’t been many industry standards set yet. This means that during your research, you’ll find many different CBD prices. These range from cheaper options to extremely high-priced products, but as a consumer, it can be hard to understand why those differences exist. As a brand that harvests and creates our CBD products ourselves, we can provide unique insights into why and how CBD prices fluctuate from brand to brand. We understand how difficult it can be to know what the best product for you is, so let’s explore one of the most important, but often confusing, factors that impact your purchasing decision – price.
Why Do CBD Prices Differ so Much?
Like any other kind of goods, there are a variety of ways to produce and sell CBD products, and some are cheaper than others. There are a few different factors that affect how much companies sell their CBD products for. Let’s look at some of these and how they impact the cost of cannabis oil.
Factors that Affect CBD Oil Prices
There are three main factors that affect the cost of CBD oil:
- Production process
- Quality and strength of CBD
- Branding
Each of these factors influences the cost of CBD products, whether it’s in terms of the company’s costs of production or the mark-up that they put on top afterwards.
The CBD Production Process
Like any product, the costs incurred during production will influence how much companies charge for their products. We can look at two main areas of CBD production that dictate CBD oil prices.
#1 Growth and Harvesting
The way in which hemp is grown and harvested affects CBD prices simply because some methods cost more than others. For example, eco-friendly practices such as not using pesticides mean that you need more resources and time to grow your hemp.
#2 Extraction Methods
There are three different ways to extract CBD, and some are more expensive than others.
Ethanol Extraction
This extraction method is used to produce CBD for vape and inhalation devices using high grain alcohol.
Oil Extraction
This method uses a carrier oil such as olive oil to extract CBD, and it’s growing in popularity due to it being a slightly cheaper option.
CO2 Extraction
CO2 extraction uses highly pressured carbon dioxide to extract CBD in a clean and effective way, and it is considered the most trustworthy and high-quality extraction method. It’s also a more expensive way of extracting CBD, so companies that use this method will have high quality CBD products, and probably a higher price than CBD products made with other extraction methods. It’s also the extraction method that we use here at Moon Mother Hemp.
Quality
The quality of a company’s CBD itself is usually determined by the production process, but most CBD products contain other elements. For example, a CBD tincture has a carrier oil and balms contain essential oils and other ingredients to create the formula of a CBD topical product. A company’s choice of these elements will influence price because they have the capacity to drive prices up or keep them at a similar level.
CBD Strength
With a product like a CBD tincture, you can purchase different strengths, and the higher the concentration of CBD, the more expensive it will be. This also varies when it comes to the type of CBD product you choose.
Types of CBD Product
Different types of CBD products contain varying amounts of CBD, which will inevitably affect their price. The main types of products are:
- Tinctures
- Topicals
- Softgels/Capsules
- Edibles
- Inhalants
To find out more about each type of CBD product, read our Guide to CBD.
Is CBD Oil Worth the Cost?
The cost of high-quality CBD products are definitely worth it thanks to the multitude of benefits they offer. From treatment of a number of common ailments to natural pain relief and supporting the natural function of our bodies, CBD oil is often hailed as a wonder supplement. However, the other reason that you might see premium pricing on CBD products is because companies market themselves as a luxury retailer. This makes it that much more difficult to gauge whether you are paying for quality or branding.
How to Know Whether CBD Oil Prices Are Fair
Logically speaking, we would assume that the higher the price of a product, the higher the quality. This could be the case with CBD products, but there are brands who will market themselves as a luxury product in order to charge more. But there are some signs that indicate quality can cut through any amount of branding or marketing claims.
Look at the Certificates of Analysis
To see whether a company lives up to their claims of being eco-friendly or using pure, high- quality CBD, you can take a look at their Certificates of Analysis. A Certificate of Analysis provides an extensive breakdown of the components of a CBD product. They’re created by an accredited third-party laboratory, which analyzes the amount of cannabinoids, microbials, pesticides, residual solvents, heavy metals and mycotoxins in CBD products. This is a vital document that reputable companies will happily publish or send to consumers, and it is a sign that they’re transparent with their customers.
From a Certificate of Analysis, you can see whether they have cut corners when it comes to the production process or used any harmful chemicals in their CBD products. For example, the Certificate of Analysis will show whether they use pesticides when growing their hemp, which is detrimental for the environment and our bodies, and detect traces of other harmful chemicals like methanol and acetone.
For more information on how to find a Certificate of Analysis on any of our Moon Mother products, check out our easy tutorial here.
Find a Company You Trust
Companies that pride themselves on integrity and transparency will have all the necessary information you need to make your purchasing decision available on their site.
Choosing the Most Suitable CBD Price for You
When you look for CBD products, the best products for you will depend on what you’re looking for as a consumer. Ask yourself what’s most important to you in a CBD product? If it’s clean, organic formulas, then you will most likely be looking at a higher-priced product. In addition, if you want a higher-strength product, that will also mean the price will go up.
When it comes to choosing the most suitable CBD product for you, you can compare the value of different brands by working out the cost per milligram of your CBD product. It’s a simple formula:
Total CBD Oil Price / Total Milligrams = Cost per Milligram
After doing this, you’ll have a simple way of comparing the price per milligram of CBD products.
CBD Products from Moon Mother Hemp
At Moon Mother, each and every one of our products has been created with intention and care for both our customers and Mother Nature. Our dedication to quality means that our products are highly effective and kind to the environment, allowing you to support your immune system and body without causing harm.
We want to empower our customers by being transparent with our production process, which is why we publish each and every Certificate of Analysis for our products so that you know exactly what you’re getting when you choose Moon Mother. The Certificate of Analysis can be seen easily on any of our product pages.
Shop high quality CBD products with us today at Moon Mother Hemp. If you have any questions, please feel free to call us at 303-442-2983.
