Why is CBD Oil So Expensive?
Enny SoyinkaFollow us on 
Though they come in a wide variety, their price is one crucial thing in common with all CBD oils. They are expensive products retailing for approximately $0.14/mg on average.
From the cultivation expenses to packaging costs, here are some reasons why CBD oil is so expensive.
1. Good Quality Hemp Can Be Difficult to Grow
Hemp or Cannabis sativa is a notoriously hardy plant. It can grow without requiring much care and attention because the plant is known to absorb all materials in the soil.
The downside of this is that even toxins in the soil, like pesticides, and insecticides, can easily get absorbed. Such a condition results in the deterioration of the quality of the crop.
Cultivators grow hemp in nutrient-rich soil with minimal to no chemical content to avoid such a situation.
Moreover, the hemp plants also risk being pollinated by the more potent marijuana variety. When such an accident occurs, the plants see a drastic fall in their CBD content, leading to a failed crop.
Cultivators must house these plants in special facilities to produce the best CBD oils. Factors like these significantly add to the price of the final product.
2. CBD Extraction Needs a Sophisticated Process
Cannabidiol is a chemical compound present in the cannabis plant. It does not have the same psychoactive property as the more potent tetrahydrocannabinol (THC). But it does produce the same benefits as the marijuana plant without the “high.”
This compound forms the main component of CBD oil. However, the extraction process is complicated and expensive, involving the exact steps required in perfume-making.
CO2 extraction is the preferred mode among these methods because it effectively removes THC. As both the cost of equipment and production is high, it adds to the overall price of the oil.
3. CBD Oil Needs High-Quality Control
The CBD market is saturated with low-quality products. Without proper knowledge of CBD, it is easy to get confused between similarly marketed products.
Both hemp seed oil and CBD oil are extracted from the same plant. This similarity is exploited by many sellers who try to pass off hemp oil as the more expensive CBD oil.
Don't forget to confirm the authenticity when buying CBD products. Genuine CBD oil suppliers often resort to third-party testing to ensure customers' trust.
The CBD oil gets sent to a third-party lab for testing to ensure the transparency and quality of the product. The cost of these tests is added to the oil price, contributing to its high cost.
4. Necessity for Good Quality Products
Since CBD oil is primarily used as a wellness product, knowing what you are putting into your body is essential. Some brands use high-quality cannabis crops and the best extraction methods to ensure the quality of the product.
It can be costly to grow unique variants of cannabis that naturally have a high CBD content. But the oil extracted from such high-quality sources is often the most potent.
Additionally, to ensure the best experience, you can opt for a brand that provides a Certificate of Analysis. Products in glass bottles with minimum additives are also preferred.
Despite adding to the final cost, these things are necessary if you want a safe, effective CBD oil.
Understanding CBD Oil Prices
CBD oil prices are governed by several factors, from crop cultivation to third-party testing. If you want to dip your hand into CBD products, it is comparatively better to splurge on a slightly higher-priced one.
Though the price tag is not always an indicator of its quality, in most cases, it separates the good products from the bad ones. Cannabidiol extraction is complicated and costly, which is usually reflected in the prices.
The World Anti-Doping Agency removed cannabidiol from its prohibited list in 2018. Meanwhile, the CBD market has been on a consistent upward swing, with a sales revenue of $284.2 million in 2021 (https://www.futuremarketinsights.com/reports/cbd-oil-market).
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