Of course, you do!
It’s a valuable piece of knowledge you should have when shopping for any high-quality CBD product. This way, you know which ones are the real deal and which ones to keep scrolling past.
The price range for CBD oils is quite broad, but there’s a reason for this.
There are thousands of CBD companies in the market, and these companies use different methods and processes to create their products.
Additionally, we’ll highlight everything you need to know about high-quality CBD oils. But we have to talk about what goes into the manufacturing process. When you see how much goes into creating high-quality CBD oil, you’ll understand how the prices can get a little steep.
What Goes Into the Manufacturing Process?
Many don’t realize all the steps taken when manufacturing CBD oil. If you’re in the industry, or you’ve done research on your own, then you already understand how time-consuming and pricey the whole process can become.
You would think it starts with hemp plants in the dirt, but it starts way before this. Since The Farm Bill of 2018 took effect, thousands of companies want to acquire the necessary licenses and permits to grow hemp at an industrial level.
It takes a good amount of money to acquire all the necessary paperwork to even get started.
After some of the initial payments and paperwork is out of the way, it’s time to figure out the hemp plants’ genetics.
This is thought about in advance because the company has to figure out whether or not they will source or create their own.
Some companies choose to source their genetics from a third party company because creating specialized hemp genetics takes years—and lots of money. It takes multiple attempts at cross-breeding different strains until reaching the desired genetics.
Then, you also have to take extraction equipment, third-party lab testing, labels, and packaging into account. These are all part of the process and part of the price.
What Makes One Oil More Expensive Than Others?
When it comes to understanding CBD oil prices, you have to consider all of the features of the product. For example, a CBD tincture oil with a blend of CBD and CBG will cost a little more than your typical oil.
CBG is harder to source because it has a brief window of being CBG before it transforms into other cannabinoids. Hence, why it’s called the “mother cannabinoid.”
You also have to think about the extraction methods employed. If you have a product extracted with top-of-the-line CO2 extraction methods, the oil will cost more because it provides the purest oil, free of toxic residuals.
Breaking Down Price Variations in CBD Oil
We understand there is a lot of price variation when it comes to CBD oil, but most of the time, you can see when something is off when you know what to look for. If you see oil priced way below average, chances are the product is low-quality or doesn’t even contain any CBD at all.
On the other hand, you’ll also see CBD oils unrealistically overpriced. This is why you have to do your research and find some middle ground.
The entourage effect occurs when all of the varying compounds present in the plant’s genetics work together to produce a deeper level of therapeutic benefits for the consumer.
You’ll also run across broad spectrum oils, and CBD isolate oils. These options are THC-free, so you’re not getting the same level of entourage effects with the broad spectrum option. There are no entourage effects with the isolate option because it’s 99% pure CBD.
They extract the THC in different ways to make both of these oils THC-free. As a general rule of thumb, the more cannabinoids the product has, the more expensive it will be.
Using Lab Results to Gauge Quality
We spoke about third-party lab tests and how it affects the price of CBD, but this works to your advantage.
An ISO-certified, independent laboratory conducts these tests to see exactly what’s in the product. Any company not conducting these tests is not a company you want to associate yourself with.
All CBD companies are required to do these tests and make the results readily available to the public. You can find this information on the product page or a dedicated area of the company website.
The results will tell you the exact concentration of cannabinoids, which specific cannabinoids are in the product (CBD, CBG, etc.), as well as any unwanted, harmful substances like heavy metals, toxins, and chemicals.
When you have access to this, you can confirm the product’s quality, purity, and potency before buying it.
Final Thoughts on the Cost of CBD
CBD used to be a luxury only available to some, but the industry has come a long way. These days, it’s not hard to find quality CBD oil at an affordable price, especially if you know what you’re looking for.
And simply because you can buy CBD oil anywhere, it doesn’t mean you should. Do your research. Read up on prospective companies, see if they use organic farming methods and other methods and techniques that produce the quality you’re looking for.
There are all sorts of CBD oils on the market, but it’s no problem for you because you know what you’re looking for now.