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How Much is CBD Oil? Products Costs Explained

What are the costs involved in the production of hemp extracts?

Why are some CBD oils so expensive, while others are claiming to bring you relief from every health problem at a bargain?

The pricing of CBD oil is a complicated subject. It’s the manufacturer’s duty to take care of the product quality because the FDA doesn’t regulate the labeling and production standards of hemp-derived CBD.

How much your CBD oil will cost depends on several factors, such as the source of hemp, extraction method, potency, and a brand’s reputation to name a few.

CBD products can cost anywhere from $9.99 to over $400. There are different formulas, sizes, and strengths to consider.

Not to mention that CBD is trending at the moment. It’s no wonder that the prices are at their peak.

In this article, we leave no stone unturned explaining the intricacies behind the cost of CBD and where to get the best value for your money.

Why Is the Quality of CBD Oil Important?

As mentioned, CBD is a booming and largely unregulated market. The FDA only acknowledges one form of CBD — an anti-epileptic drug Epidiolex — putting hemp-derived CBD in one bucket with other health supplements.

There are no official manufacturing and labeling standards in place when it comes to CBD oil. This creates space for fly-by-night companies that prey on uneducated customers, selling products that contain little to no CBD. Sometimes, these products are downright dangerous. For example, in 2018, the CDC reported 52 cases of poisoning with CBD products in Utah due to incorrect labeling.

These were the so-called cheap CBD oils.

What you need to understand is that a “cheap CBD oil” is a bad oxymoron.

Why Are Some CBD Oils So Expensive?

From growing hemp plants to extraction and laboratory testing, the process of making CBD oil is very expensive.

A high-quality CBD product can greatly improve your daily life, but if a company is cutting corners, you might be throwing your hard-earned money down the drain.

The manufacturer needs to take care of the source of hemp for their extracts, employ safe extraction technology, and knowledgeable staff that will be able to operate the equipment and invest in third-party lab testing to ensure the products are safe for consumption.

There’s a lot of money involved in the process.

On one hand, you have companies claiming to sell high-quality CBD oil on the cheap, which is impossible to achieve.

But on the other hand, there are many companies that overprice the value of their product, trying to sell “ultra-premium” CBD.

So, how do you calculate the price of CBD oil to tell if it’s actually decent and affordable?

How Much is CBD Oil? (Calculating the Cost per Milligram of CBD)

You can make one simple calculation to determine the cost of CBD oil, and compare it with other products to decide whether the price is competitive, too high, or below certain standards.

We’re talking about the cost per milligram of CBD. Ultimately, this is the most important figure when it comes to buying CBD oil. You can leave the size, extra ingredients, and product types aside. What you really need to know is how much CBD you’re getting for the money.

CBD can cost anywhere from $0.04 to over $3.00 per mg. Using that metric, you can narrow down that range by comparing different brands and products.

Below we cover the factors that influence the price-to-quality ratio in CBD products.

Give them a quick read and you’ll no longer need to wonder why some CBD oils are more expensive than others.

Factors that Influence the Cost of CBD Oil

The quality of ingredients is the main factor that impacts the overall cost of CBD oil. But what makes a quality CBD product?

There are five key things to consider: the source of the company’s hemp, extraction method, potency, third-party testing, and the product’s formula.

Premium products like Royal CBD oil are priced a bit higher than the regular market value due to rigorous quality procedures involved in the manufacturing process. But on the other hand, when you buy from a premium brand, you can take advantage of discounts, bulk pricing, and special reward programs to make their products more affordable.

For example, at Royal CBD, you can join our Royalty Program, where each purchase provides crown points that you can spend on your next order and save more money on your favorite products or try out a higher-potency oil for less.

Let’s see how different factors affect the price of CBD oil.

Hemp Source

The type of hemp a CBD oil is extracted from is one of the primary factors affecting the quality of the end product. The best CBD oils are made with organic, pesticide-free, and non-GMO hemp. As you may guess, it’s more expensive to use organic hemp, and the price usually reflects that.

Moreover, if the company uses other organic ingredients in its CBD oil, the price will be likely driven even higher.

Fortunately, as hemp continues to gain popularity in the U.S., using American crops becomes more affordable than sourcing the plants from Europe as the majority of companies would do a few years ago. This can contribute to lowering the average market price of high-quality CBD products.

Extraction Method

There are many ways to extract CBD from the hemp plant, from steam distillation to natural solvent extraction, hydrocarbons, and CO2.

CO2 extraction is considered the best method to extract consistently high concentrations of CBD without hurting the environment on the way or leaving behind toxic solvent residue. Because of that, CO2-extracted products are typically more expensive than those obtained through steam distillation or alcohol extraction. If a company uses CO2 technology, this means they are committed to quality. A CO2 extraction machine can cost between $135,000 – $150,000.

At Royal CBD, we use CO2 in its supercritical state, where it changes its state from gas to liquid and leaves behind dark, concentrated extracts that we then suspend in premium-grade MCT oil for higher bioavailability.

The cheapest extraction method involves the use of hydrocarbon solvents. However, they’re potentially dangerous for both the manufacturer and the user. This is the type of extraction you should avoid.

Potency

The potency of CBD oil refers to the total concentration of CBD inside the bottle, expressed in milligrams. The stronger your CBD oil, the more effective it may be in managing your symptoms. High-potency CBD oils are also good for heavier people or those who know their effective dose and would like to save money on their product.

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For example, a person taking CBD for general wellness may find a 150 mg oil beneficial, whereas someone with serious symptoms may need more CBD (e.g. 600 mg or 1000 mg) to start feeling better.

Stronger products are usually more expensive, but manufacturers often decide to cut down on the price per mg of CBD. Therefore, when you consider how many times you’d need to renew your supplies with lower potency, a stronger product may prove more cost-effective in the long run.

Third-Party Testing

Most reputable CBD brands interested in raising the quality standards in the industry use independent laboratories to test their products for potency and purity. The cost of testing oils in a third-party lab typically elevates the price, but it’s legitimate quality proof that tells you exactly how much CBD is in your oil and whether or not it contains any potentially unwanted substances.

If a brand doesn’t publish Certificates of Analysis from the lab — they should at least make them available upon request — it’s a sign that the cheaper price may not be worth it.

Other Costs: What Else Can Impact the Price of CBD Oil?

Oftentimes, you’ll need to pay for the brand’s reputation. When you choose a premium brand that has a well-established position on the market, they may price their products a bit higher than the competition. However, when choosing a top-of-the-line brand, you gain many perks like all-natural ingredients, reward programs, subscription pricing, seasonal deals, and more. That’s what we do with our products at Royal CBD. While we admit our products are priced slightly above our competitors, the price covers organic ingredients, high-grade extraction technology, rigorous quality testing, and customer service that is able to answer all your questions about CBD and help you pick the right product for your needs.

Finally, how much your CBD oil will cost depends on where you buy it from. Some people prefer to shop for CBD locally, which is undoubtedly convenient when you live near a cannabis dispensary, vape store, or pharmacy. However, products found over the counter in local shops are usually more expensive than those found online due to extra operational costs store owners must cover. When you buy CBD online directly from a brand, you cut out the middleman on top of taking advantage of the aforementioned discounts.

Now that you know why some CBD oils are more expensive than others, let’s break down the pricing of different forms of CBD.

How Much is CBD Oil?

Quality CBD oil drops cost between $0.09 – $0.17 on average, with $0.05 on the low end, and premium oils costing upwards of $20 mg per mg. Usually, high-potency oils will be less expensive per mg than low-potency extracts, although the bottle itself will cost more in total. The Royal CBD oil costs $0.09 – $0.20 per mg of CBD depending on the selected strength.

How Much Are CBD Capsules?

CBD capsules are available in a variety of potencies, but the most common is 10 mg and 25 mg. The higher the potency, and the larger the bottle, the lower the price per mg despite the higher overall cost. On average, CBD capsules cost $0.09 – $0.13 per mg; the price can be as low as $0.04, and as high as $0.20. At Royal CBD, we offer full-spectrum softgel capsules at $0.11 mg per mg of CBD.

How Much Are CBD Gummies?

Similar to capsules, CBD gummies usually contain from 10 mg to 25 mg of CBD per piece, with prices varying between $0.09 – $0.20 per mg. The most common size for gummies is a 30-count bottle, although some companies sell their gummies in 60-count or 120-count bottles. Again, the higher the potency, and the larger the size, the lower the price per mg. Royal CBD gummies are available in a 30-count bottle with a total of 300 mg CBD (10 mg per gummy) at $0.18 mg

How Much Are CBD Topicals?

CBD topicals range from salves, gels, creams, and lotions typically formulated to provide localized relief from physical discomfort. They can cost anywhere between $0.07 – $0.10 per mg on the low end and up to $0.36 on the high end. The average cost per mg for CBD topicals is around $0.12–$0.19 per mg. These may vary in sizes, from 1 oz to 4 oz containers with as much as 1000 mg of total CBD.

At Royal CBD, we offer two types of topical products: a cooling roll-on gel with menthol, and a warming salve. The salve costs $0.14 per mg; the price of the gel is on the higher end, costing $0.16.

How to Save Money on Premium CBD Oil?

  • Purchase online
  • Buy CBD in bulk
  • Choose high-potency oils
  • Join reward programs
  • Subscribe to newsletters
  • Take advantage of discounts and coupon codes

Key Takeaways on the Costs of CBD Oil

The process of making CBD oil is very expensive, so you shouldn’t expect companies to sell premium products at a loss. If you see a company claiming to sell quality products for a song, be wary. There are many sketchy manufacturers out there selling mislabelled, sometimes downright dangerous products.

But does that mean you can’t find affordable CBD products online or near you?

Of course, you can!

At Royal CBD, we strive to make our premium extracts affordable for everyone while providing education and top-of-the-line customer service. Although our products cost slightly more than the average market prices, there are plenty of options to save money on our CBD oils, from regular guaranteed first-time discounts to reward programs. The entire Royal CBD line is sourced from organic hemp, extracted with supercritical CO2, and extensively tested for safety and potency in a certified laboratory.

Whether you want to ask us about the benefits of CBD or need help with choosing the right product for your individual situation, send us a message via our contact form, and we’ll be happy to provide you with all-around guidance.

How Much Does CBD Oil Cost? (CBD Prices Breakdown)

CBD products can be expensive, but there are at least a few reasons for that.

Before we get into details, know one thing: cheap CBD oil is a bad oxymoron. If anyone ever promises to bring relief from every health concern for a bargain price, you’re on the right way to throwing your hard-earned money down the drain.

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The pricing of CBD oil isn’t as obvious as some people think. It’s the manufacturer’s liability to take care of the product’s quality because no federal agency has ever regulated the production standards and labeling requirements of hemp-derived CBD.

Although the market is booming and more professionals are entering the scene, the CBD industry is still wild, wild west.

How much your CBD oil will cost relies on several factors, such as the farming practices, extraction method, potency, and the brand’s reputation to name a few.

The price of CBD products can range anywhere between $9.88 and $400. There are different concentrations, formulas, and sizes to consider.

CBD is the latest trend in the health supplement industry, which also impacts the prices.

In this article, we break down the specific costs of CBD oil and show you how to save money on premium products.

CBD Oil Quality: Why Is It So Important?

CBD is a relatively new market that lacks regulation when it comes to production standards and the labeling of CBD products. So far, only one CBD-based drug was approved by the FDA (Epidiolex), refusing to acknowledge hemp-derived CBD as a medicine.

As a result, hemp CBD oil has been thrown in the same bucket as other health supplements. This means that CBD companies can get very liberal in making claims about their products, selling CBD oils that contain little to no CBD. Sometimes, these products may also contain potentially dangerous chemicals such as solvents, pesticides, or mycotoxins.

In 2018, for example, the Center for Disease Control reported 52 cases of poisoning in Utah, which were caused by incorrectly labeled products.

These were products known as “cheap CBD oil.”

As we said, there is no such thing as “cheap CBD oil.

Below we explain the costs involved in making CBD extracts.

Why Are Some CBD Oils More Expensive Than Others?

The process of making CBD oil is very expensive. All production stages, from farming to extraction and third-party testing, require specialist knowledge and expensive equipment, which translates to a higher price tag than you see on the majority of supplements sold over-the-counter.

A high-quality CBD product can have amazing effects on your daily life, but if the company is using low-quality ingredients and cheap extraction methods, you may be putting yourself at risk.

The manufacturer needs to ensure the top quality of hemp for its extracts, use safe extraction technology, and hire qualified professionals that will be able to work on the equipment — not to mention investing in third-party lab tests to confirm the potency and purity of the products.

There’s a lot of resources involved in the process, both time- and money-wise.

But how do you calculate the price of CBD oil to tell if it offers the right value for the money?

On one hand, there are companies claiming to sell premium CBD on the cheap, which is unreal. But on the other hand, lots of companies overprice the value of their product trying to sell “cutting-edge” CBD.

There must be a way to figure out where the honest guys are in the middle of this.

Let’s take a look at how to assess the affordability of CBD oils.

How Much Does CBD Oil Cost?

There’s a simple calculation you can make to determine the cost of CBD oil, and compare it with products from other brands to decide whether the price is too low, too high, or competitive.

What you need to calculate is the cost per milligram of CBD. This figure plays the most important role when it comes to deciding whether or not the product is affordable. You can forget about the formula, size, extra ingredients, and different forms of consumption.

All it matters is how much CBD you’re getting for the money.

CBD can cost between $0.04 and $3.00 per mg. You can narrow down that range when comparing different brands and products by using that metric.

Below we discuss the factors that influence the price of CBD products.

Read on to understand why some CBD oils are more expensive than others.

Factors that Determine the Cost of CBD Oil

The overall cost of CBD oil is influenced by the quality of the ingredients.

Here’s what makes a quality CBD product;

  • The hemp source
  • Extraction method
  • Potency
  • Third-party testing
  • The product’s formula

Premium CBD oils are usually priced higher than regular market value because there are rigorous quality procedures involved in the production. But on the other hand, when you purchase from premium brands, you can count on bulk pricing, reward programs, discounts, and coupon codes to save money on their products.

In the end, you’ll pay the same amount of money, or even less, than for seemingly less expensive brands.

Let’s briefly cover the factors that affect the cost of CBD oil.

Hemp Farming

The source of hemp used for making CBD oil is one of the major factors affecting the quality of the final product. The best CBD oils are sourced from organic, non-GMO, and pesticide-free plants. Using organic farming practices and growing hemp without pesticides or growth boosters is more expensive than mass production, and the prices usually reflect that.

If the company adds other organic ingredients to its formula, the price will likely go even higher.

Fortunately, hemp is now more popular than ever in the U.S., so using American crops becomes less expensive than importing hemp from Europe as most brands would do just a few years ago. As the hemp market continues to grow, the average market price of high-quality CBD products will get lower — it’s inevitable.

Extraction Technology

CBD can be extracted using a variety of methods, from natural solvent extraction to hydrocarbons, steam distillation, and CO2 extraction.

CO2 extraction is by far the best method to achieve consistently high levels of CBD without using additional heat or toxic solvents. This makes CO2-extracted products more expensive than those made with alcohol, olive oil, or butane. The equipment required to perform CO2 extraction can cost between $135,000 and $150,000, so if a company uses this method, it’s a sign they are committed to quality.

The cheapest extraction method calls for using hydrocarbon solvents. However, these can cause explosions when handled improperly or leave behind a toxic solvent residue in the end product. This is the type of extraction you should steer clear of.

Potency

The potency of CBD refers to the total amount of CBD inside the bottle, measured in milligrams. The more potent your CBD oil, the more effective it may be in tackling your symptoms. High-potency oils are also good for people who weigh more or those who know their effective dosage and would like to stock themselves with CBD for several months.

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Stronger CBD oils are usually more expensive, but brands often cut down on the price per mg of CBD. This means that buying a product with more milligrams of CBD can be more affordable in the long run, especially if lower-potency oils require you to renew your supplies every few weeks.

Third-Party Testing

Any trustworthy CBD company should send its products to independent laboratories for content analysis. These labs will verify the potency of CBD and look for potentially dangerous chemicals in the oil. The cost of testing oils in third-party labs typically increases the price, but it’s the only way to tell how much CBD is in your oil and whether or not it contains any unwanted substances.

Brands should make Certificates of Analysis for their products public, or at least make them available on request.

Other Costs of CBD Oil: What Else Can Raise the Price Tag?

The brand’s reputation is also a common factor impacting the cost of CBD oil. When you choose to purchase from a premium company with a pristine reputation, you may need to pay a bit more for its products. However, top-of-the-line brands provide organic ingredients, reward programs, special subscription deals, and more. They also use sustainable extraction technologies, employ rigorous quality testing, and offer customer service that can help you select the right products and answer your questions about CBD.

Last but not least, how much your CBD oil cost will vary depending on where you buy it from. Some people prefer to look for CBD oil somewhere near them. If you live in a place where cannabis is legal, you can head to the nearest dispensary, which is no doubt a convenient way to get quality CBD products. But since hemp-derived CBD oil is federally legal, you can find it in vape stores, pharmacies, or head shops, too.

However, products sold locally are usually more expensive than those you can order online due to the costs associated with running a physical storefront. When you purchase online directly from a brand, you significantly less than you would for the same-quality product in-store.

How Much Does CBD Oil Cost?

High-quality sublingual drops cost between $0.09 and $0.17 on average. The low end is $0.05, whereas some oils can cost upwards of $0.20 per mg. Usually, stronger oils will be less expensive per mg than low-strength products.

How Much Do CBD Capsules Cost?

CBD pills and capsules can contain anywhere from 10 mg to 50 mg CBD. The higher the potency, and the more capsules in the bottle, the lower the price per mg, even though the overall cost is higher. The average price per mg of CBD when it comes to CBD capsules is $0.09 – $0.13 per mg. The product can cost as low as $0.04 per mg and as high as $0.20.

How Much Do CBD Topicals Cost?

CBD topicals can take many forms, including salves, gels, creams, and lotions. These products are typically designed to help with localized discomfort. The cost of CBD topicals ranges between $0.07 and $0.10 per mg on the low end and upwards of $0.30 on the high end. On average, CBD topicals cost around $0.12 – $0.19 per mg. CBD topicals are available in various sizes, from 1 oz to 4 oz containers, and can contain up to 1000 mg of CBD per container.

How Much Do CBD Gummies Cost?

CBD gummies are similar to capsules in terms of pricing. They also cover a similar potency range, from 10 mg to 50 mg of CBD per gummy, with prices varying between $0.09 and $0.020 per mg of CBD. Gummies usually come in 30-count bottles, although some companies sell their gummy bears in 60-count or 120-count containers. You can also find brands that offer sample-size packs, with 5 gummies per pack.

Tips for Saving Money on Quality CBD Oil

  • Order CBD oil online
  • Purchase in bulk
  • Subscribe to newsletter
  • Join reward programs
  • Use coupon codes and seasonal discounts

Costs of CBD Oil: Let’s Wrap Them Up

The process of making CBD oil isn’t cheap, so it would be naive to expect companies to sell high-quality products at a loss. If you see a company that claims to sell premium CBD oils on the cheap, it’s an instant red flag. There are many companies churning out low-quality mislabeled products just to prey on uneducated customers and the lack of regulation.

But does that mean you always have to go big-spender? Are there no affordable CBD products online or near you?

Of course, they are — you just need to know where to look for them.

Make sure that the company you’re going to purchase from uses organically-grown, non-GMO hemp. If the brand uses CO2 extraction to produce CBD oils, it’s all the better because this method doesn’t require additional heat or solvents. Finally, always ask for third-party lab reports. This is the only way to ensure that your product contains the advertised amount of CBD and is free from potentially dangerous additives.

Of course, premium brands price their products a little bit higher than the market standard, but there’s a lot of options to save money on their oils, such as the aforementioned reward programs, discounts, and bulk pricing.

If you want a risk-free way to try different products, look for companies that offer some form of a money-back guarantee. It’s also a sign that the company is confident about its products.

Do you think CBD oil is too expensive? Let us know what you think about the future trend in its pricing?

Livvy Ashton

Livvy is a registered nurse (RN) and board-certified nurse midwife (CNM) in the state of New Jersey. After giving birth to her newborn daughter, Livvy stepped down from her full-time position at the Children’s Hospital of New Jersey. This gave her the opportunity to spend more time writing articles on all topics related to pregnancy and prenatal care.

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