The 2018 Farm Bill defined industrial hemp as cannabis containing up to 0.3% tetrahydrocannabinol (THC) and legalized its cultivation nationwide. CBD oil and other products manufactured in accordance with the bill were no longer on the government’s schedule of banned drugs. Though some states still outlaw CBD in any form other than the prescription epilepsy medication Epidiolex, it is now easier than ever to access and purchase CBD products. In addition to being able to buy CBD oil online, you can also find everything from CBD capsules to CBD topicals, CBD gummies, CBD beverages, and a massive range of other CBD products in such unlikely places as Bed, Bath, and Beyond.
For the last few years, cannabidiol (CBD) has become one of the hottest wellness trends. Touted for its potential health benefits, CBD oil is one of the most popular items in this space, with products popping up in nail salons, spas, big-box retailers, and health stores throughout the US.
How much does CBD oil cost the consumer?
Flannery noted that “cannabis tends to be a little more resinous, so the entourage effect and ensemble effect that you would be able to achieve [by] including some of those other cannabinoids is more profound. But if you’re just consuming an isolate product, it does not matter [which plant] it comes from.”
Any attempt to account for CBD prices is a bit complicated, as there are many factors and variables that affect the average cost of products in the CBD industry. The process of extracting CBD oil can be expensive while additional costs may arise from creating specific products. Plus, the potency of a bottle can greatly affect the price. Additionally, variables such as whether or not the product is a full spectrum CBD oil, if it’s an organic CBD oil, or if it was extracted from organic hemp plants can also play a part in how CBD brands establish their CBD oil cost. Here’s a primer on the different types of CBD and how much you should expect to spend.
CBD oil usually comes with a dropper to allow consumers and patients to measure out their dose. Photo by: Gina Coleman/Weedmaps
How much do CBD topicals and creams cost?
Price ÷ total mg CBD = price per mg
Example: $29.99 ÷ 250 mg = The best way to compare CBD prices is to use the price per mg method. Don’t worry, it sounds a lot more complicated than it really is. You’ll only need to take into account two main variables: the total amount of CBD in milligrams, and the price. Simply divide the price by the amount of CBD in milligrams to determine the price per milligram. The number of milligrams on the label represents the total amount of CBD per bottle..12 per mg
How much do CBD oil tinctures cost?
CBD oil prices
Similar to CBD vape juice, CBD oil tinctures can range from Try to avoid gas stations, corner stores, smoke shops and websites that don’t appear to be credible. Many vape shops now stock a variety of premium CBD liquids, possibly even some tinctures and edibles. Pharmacies and health food stores are beginning to follow suit. Just make sure you are getting pure CBD oil and not hemp seed oil, learn the difference. Cannabis dispensaries also tend to carry full spectrum CBD oil, but most of them contain higher ratios of THC to CBD, which is known to produce psychoactive effects..4 per mg up to CBD concentrates are extremely cheap when you take into account the price per mg. The average price is generally going to be around How much do CBD oil cartridges cost?.05 per mg, but it becomes even cheaper when you purchase it in bulk by the pound. If you vape CBD concentrates, that is by far the most efficient way to inhale cannabinoids directly..20 cents. On average, the higher quality CBD oils generally go for around CBD creams are designed for localized skin treatment and pain relief. They are not the most cost-effective option, since they come with much lower bioavailability than tinctures and vapes. CBD topicals typically go for around The better CBD vape oils generally go for anywhere from If you’re buying CBD in bulk, the same formula can be used to determine the price of CBD per pound. Some manufacturers actually sell 99% pure CBD isolate powder by the pound. This is by far the most cost effective option. CBD concentrates can be used to concoct your own recipes and tinctures, or can be vaporized in a wax pen or dab rig..20 cents to as low as The best CBD products generally cost anywhere from CBD prices are primarily determined by the method of production, quality of raw materials used and the overall level of potency. The better brands use organic hemp that is free of pesticides and GMOs. Quality control is another crucial factor. Most CBD is put through third party lab testing. Some companies only test for basic CBD/THC levels, whereas others test more rigorously for residual solvents, mold, pesticides etc. The more extensively tested products are going to usually cost a bit more per mg. Regardless of the cost, if your CBD has not been lab tested you may want to consider trying a more reputable CBD brand..02 to The price of CBD can vary based on the type of product. We’ve done an analysis of the top brands across each of the different categories. You’ll notice that CBD vape juice and CBD tinctures tend to cost around the same price, with some level of variation. Cartridges, concentrates and CBD hemp are the most cost-effective option, whereas creams are the least, considering their higher cost per mg and lower bioavailability..20 per mg CBD on average. This is based on an average assessment of the most popular CBD products from some of the top brands. For most products, the more you buy, the cheaper it tends to get. Likewise, the more CBD a product contains, the cheaper it is going to generally cost per mg. Unlike nicotine e-juice, the price of CBD oil is determined by potency rather than overall volume. In other words, you can have two equal-sized bottles of CBD oil, but the more potent one can potentially cost 2-3 times more, based on the total CBD content..07 per milligram of CBD. The average price for premium CBD e-liquid is typically around To learn more about bioavailability and calculating CBD doses, check out our full guide..10 per mg..20 to CBD oil prices have started to become more competitive in recent years. With more up and coming brands popping up, this has fostered more competition and a wider range of CBD-based products including creams, capsules, gummies and others. People who never would have even considered it, are now talking about the potential benefits of CBD oil..30 per milligram. The average cost for a good CBD cream is around In this guide, we will assess the average price of cannabidiol per milligram, which will help you determine if you’re getting a good deal or not. Whether you’re vaping on CBD oil cartridges, CBD vape juice, or CBD-rich cannabis strains, we will explain why some CBD products can cost more than others. And if you’re new to the whole CBD thing, check out this full guide which covers everything you will need to know about CBD..25 per mg. Many of the best CBD patches tend to go for about the same price per mg, making them more cost effective due to their higher absorption rate than topical creams..12 per mg.
CBD oil cartridges are one of the most cost-effective options. They can go for anywhere from How much does CBD vape juice cost? .09 to How much do CBD concentrates cost?.18 per mg, and around So if a bottle of CBD oil costs $29.99 and contains 250 mg of CBD (regardless of the size of the bottle), then that means you are paying roughly How much does CBD flower cost?.12 per mg of CBD. This can be applied to any CBD product as long as you have those two values. Keep in mind that vaping has the highest bioavailability of all the delivery methods. This means that even if you’re paying the same price per mg, your body is actually going to absorb more of it..12 per mg on average. They are easy to administer and come with higher bioavailability compared to tinctures and creams. (Keep in mind they do require a 510 thread battery in order to use it.)
Now that you know how to calculate the cost per milligram, it’s easier to compare prices. There are even some online shops like Direct CBD that conveniently display the price per mg next to all of their products, which saves a bit of time. If you’re looking for the best prices, be sure to use our coupon codes below for some of the top brands.
You can’t go wrong with Reach out to our team of specialists to discuss our wholesale program today. We will assign you an expert to help you successfully build your brand from the ground up. Our CBD oil price comparison to other brands is extremely competitive..10/mg cost per bottle. Joy Organics’ CBD Tinctures are an affordable way to try out CBD and experience the difference firsthand!
It costs money to test products in an independent lab. Until CBD is regulated and you know what you’re getting each and every time you purchase CBD, the cost of third-party testing is going to be passed on to the consumer.
Items like CBD topicals are applied liberally. Therefore, it’s almost impossible to gauge a personal serving size of CBD.
Third-Party Lab Test Results
There are so many factors that go into determining CBD oil cost. If you’re looking for a fast-acting, highly bioavailable CBD product at an affordable price, try Joy Organics’ CBD Tinctures . Our premium tinctures come in Natural, Tranquil Mint, Orange Bliss, and Summer Lemon.
Determining the price of CBD comes down to the number of milligrams of CBD you’re purchasing. When you buy CBD products for personal use, knowing the cost per milligram gives you the information necessary to figure out the price per serving.
As for business owners, knowing the price per milligram can help you figure out more complex equations, such as the CBD oil price per pound or CBD oil price per kilo.
Total CBD Oil Price / Total Milligrams = Cost per Milligram