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How Much Does CBD Oil Cost?

Written By Ellese Symons Jul 14th 2022
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CBD oil has been gaining popularity as an alternative treatment for many ailments. Find out what it costs today!

With the price of some of life's most basic necessities rapidly increasing, shoppers are naturally concerned about getting the most value for their dollar. Maybe that explains, at least in part, why so many people are investing in hemp-derived CBD oil, a product with considerable health and wellness potential, for the first time. If you're intrigued by the research (and testimonials) suggesting multiple benefits, chances are you've also questioned the cost of daily use.

How much does CBD oil cost in 2022? That depends. While comparison shopping, you've probably noticed that CBD costs a bit more than other plant oils and extracts. You may have also discovered that prices can vary significantly from one brand to the next, from just a few cents to several dollars per milligram.1 As you're comparing your options, you may find it helpful to know some of the many factors affecting production costs and how to ensure you're paying a fair price for a quality product.

 

The Primary Factors that affect CBD Oil Prices

Hemp is a hardy plant that can grow just about anywhere. However, hemp cultivation, extraction, and manufacturing is no small investment. Hemp farming requires a considerable amount of effort and frequent testing to ensure optimal cannabinoid concentrations. When you purchase CBD oil, you're not only investing in the cost of the hemp-derived cannabinoids, the carrier oil, or any other ingredients in the bottle; the price you pay also reflects the overall cost of harvesting, storage, extraction, distillation, product development, and quality control.1

 

Why Is CBD Oil Quality So Important?

CBD works by interacting with several molecular targets, including the receptors of the largest regulatory system in your body, your endocannabinoid system (ECS). Whether you're interested in using CBD oil for better sleep, relaxation, or something else entirely, the quality of the products you select can have a huge impact on how your system responds.

But paying top dollar for any CBD product is no guarantee of quality. CBD concentrations can vary from one crop to the next, questionable extraction methods can leave residual solvents behind, and exposure to heat or sunlight can accelerate cannabinoid degradation.2 That's why it's essential to choose products from reputable brands that invest in the services of an independent laboratory to ensure purity and potency. Without the assurances of third-party testing, you could end up spending a lot of money on overpriced products with little to offer.

 

Why Are Some CBD Oils More Expensive than Others?

With growing consumer enthusiasm for all things hemp, you've likely found that you can purchase CBD oil just about anywhere, from fitness centers and specialty shops to your corner gas station. As local retailers expand their inventories, you may even have a choice between multiple product types. Whether you're comparing brand to brand or contemplating similar products made by the same company, you may be tempted to purchase the lowest-priced option you can find and take your chances. But before committing to a purchase, you might want to first consider why some CBD oils are more expensive than others.

CBD Concentrations

While comparison shopping, it's important to keep in mind that the value of any CBD product isn't determined by its cost per ounce. Instead, you're paying for the amount of CBD in the bottle, a number specified in milligrams (mg). To ensure you're getting the best value, take a moment to calculate your cost per milligram. Simply divide the unit price by the number of milligrams in the bottle. Once you've found your ideal serving size, you can cut your average cost of daily use by investing in products with higher CBD concentrations and using smaller amounts.  

Extraction Methods

Hemp-derived CBD products are made with the oil extracted from the stalks, stems, and flowers of the plant. The methods used to obtain the plant extracts are left to manufacturer discretion. Some companies increase their profit margins by relying on inexpensive solvents that can leave traces of butane, petroleum, or propane behind.3 Although significantly more expensive, CO2 is the cleanest extraction method available, a superior choice that preserves the plant's many additional cannabinoids, flavonoids, and terpenes.

Third-Party Testing

Hemp crops have a well-documented ability to absorb heavy metals and other potentially harmful substances from the soil as it grows. That's another reason reputable CBD brands invest in the services of an independent lab for third-party testing. While you might pay a bit more for third-party tested CBD oil, sticking with brands that provide access to the documentation confirming their test results, the Certificate of Analysis, gives you the ability to confirm the products you select have also been screened for lead, mercury, mold, yeast, salmonella, and many other potential contaminants.4  

Additional Cannabinoids or Supplements

CBD is the most abundant of more than 100 potentially beneficial cannabinoids in hemp extract. While there was a time hemp-derived CBD oil with more than trace amounts of some of the plant's most intriguing minor cannabinoids was nearly impossible to find, advances in extraction technology have expanded consumer options. Products featuring the complementary effects of CBN(cannabinol), CBG (cannabigerol), THC (tetrahydrocannabinol), or dietary supplements can cost a bit more, but many CBD users appreciate the ability to select products formulated for specific concerns.

 

How Can You Tell if CBD Oil is Good Quality?

As adults of all ages continue to embrace the many potential benefits of hemp-derived CBD, market analysts predict worldwide CBD sales will quadruple by 2027.5 Now that you know some of the most important factors influencing production costs, you may also find it helpful to know how to determine if you're getting high-quality, reasonably priced products. Once you know what to look for, it's easy to see why so many CBD users recommend CBDistillery® products to their family members and friends.  

Look for US Hemp Authority® Certification

CBD users appreciate knowing their products are verified by a respected organization. CBDistillery® was one of the first companies to achieve US Hemp Authority® certification, a confirmation of our commitment to established industry standards.

Choose Natural Hemp Cultivation   

CBDistillery® is a vertically integrated company, a distinction that ensures we oversee every aspect of production, from seed selection to distribution. Every hemp-derived product we offer is sourced from non-GMO, naturally cultivated crops grown without potentially harmful chemicals.

Review the Third-Party Test Results

One of the easiest ways to confirm the quality of your CBD oil is to review the third-party test results. CBDistillery® was one of the first companies, if not the first, to provide easy access to the Certificate of Analysis for every product we offer.

 

Are You Paying Too Much for Your CBD?

When our company was initially founded, the CBD industry was over-run with over-priced, inferior products. We knew we could do better, so we did. From the start, we've upheld our commitment to providing high-quality, fairly-priced hemp-derived products.

To find the CBD formula that's right for you, visit CBDistillery® to take our CBD Product Quiz, browse our selection of CBD oil tinctures, topicals, capsules, drink mixes, and gummies, or set up a personal consultation with an expert. You can shop with confidence knowing that CBDistillery® has more than 2 million satisfied customers, more than 37,000 5-star reviews, and every product we offer is backed by a 60-day satisfaction guarantee.

 

About CBDistillery

 More than just a brand with exceptional products and service, CBDistillery® is on a mission to lead the #CBDMOVEMENT™ by providing the masses easy access to hemp-derived CBD products, widespread education, the latest industry research, and verified consumer testimonials.

 Additional Sources:

1. CBD Awareness Project. (2019 July 15) How Much Does CBD Cost?

2. Consumer Reports. L Gill (2018 September 27) How to Shop for CBD.

3. CBD Awareness Project. (2019 March 30) CBD Extraction Methods.

4. CFAH. L Ashton. (2022 March 02) CBD Lab Results: How to Read CBD Oil Third Party Lab Test Reports.

5. American Marijuana. P James. (2022 June 09) CBD Statistics for 2022: Trends and Data.