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How Much Does CBD Oil Cost?

How Much Does CBD Oil Cost?

You’ve probably heard about the benefits of CBD from a friend or colleague. It’s because it really is a pretty amazing substance that positively affects nearly all aspects of your life. But if you’ve ever gone online or went to your nearest smoke shop to get some for yourself, you were probably pretty shocked to see the price tag.

A standard-sized bottle of CBD oil, which is usually no more than 30 milliliters, can range anywhere from $30 to more than $200 — depending on the brand. That’s like 200 items from the Taco Bell dollar menu!

Trust us, we know this is a tough pill to swallow. But the benefits of CBD make the price well worth it. Not to mention, it can last a lot longer than you may think.

Let’s take a look at why CBD is so expensive, plus some tips for how you can make the most of your favorite CBD products.

What Makes CBD So Expensive?

CBD stands for cannabidiol, and it’s a derivative of the cannabis sativa plant. 

While it won’t make you high like its rebellious cousin THC, it can help you feel calm, relaxed, soothed, and blissful. It’s a natural substance that was recently legalized thanks to the 2018 Farm Bill. 

With that said, its hefty price tag stems from a few factors.

The Extraction Process is Difficult

Saying that CBD “comes from” the cannabis plant is a bit of an understatement. One of the main reasons that CBD products have such a high price tag is because the farming and extracting process is extremely difficult and complex.

While hemp is considered a low-maintenance crop, things can get a little tricky when legal guidelines kick in. 

Any hemp plant that contains no more than 0.3% THC content is illegal and cannot be sold or distributed. So, if a hemp plant ever produces more than the allotted amount, the plant has to be destroyed. This creates more time and wastes more money.

However, the real complication comes from the extraction process. 

In order for large manufacturing firms to pull CBD from cannabis and create oil, it must undergo an intense chemical reaction. There are a few different methods it can undergo, but the most common is something called carbon dioxide extraction.

CO2 extraction is one of the most common ways that CBD is extracted from the plant because it tends to be the most effective. In its supercritical state, CO2 becomes a powerful chemical. 

However, it cannot reach its supercritical point in its natural gaseous state. Using special equipment, CO2 is exposed to low temperatures at high pressure, thus liquidating the CO2 and reaching the supercritical mass.

Over time, the compound reaches its supercritical point and is passed through a chamber containing raw cannabis, where it acts as a solvent, dissolving the oils and capturing the necessary terpenes and antioxidants.

Investors are Out

We love using CBD products daily. But sometimes, it’s easy to forget that cannabis is a multi-billion dollar industry that revolves around making a profit as much as any other business.

Products can generally be sold at a lower price when investors are willing to pitch in and help out smaller manufacturers with their supply and demand. 

For example, investors are usually willing to put their resources into things like apparel or technology because these are low-risk products that normally remain in high demand no matter what. 

However, despite the growing appreciation and acceptance of CBD, financial service providers tend to view hemp as a high-risk investment. As a result, most CBD companies are private, which tends to equate to higher costs for the consumer.

The Hurdles of Prohibition

Even though CBD is now legal in all fifty states, and it continues to be used for a wider range of benefits, there are still decades of negative connotations that must be reversed before prices can reach a fair point.

In the early 1900s, following the Mexican Revolution, Mexican immigrants entered the United States and introduced them to the culture of recreational marijuana. The drug became associated with immigrants, and this prejudiced thinking sparked fear among the American population that it might be related to higher crime rates. 

In an effort to impede this, marijuana was criminalized under the 1937 Marijuana Tax Act.

It took almost 100 years for cannabis products such as CBD to finally be legalized in 2018 under the Farm Bill. This effectively made it so that CBD products can be manufactured and distributed in all fifty states as long as they followed specific guidelines.

The supply of CBD currently far exceeds the demand. Until we can bridge this gap, prices may continue to be pretty high in order to make up for missing revenue. There are tons of false misconceptions surrounding the product, and many retailers consider the substance to be nothing more than a liability. 

This creates limited marketing opportunities for the few CBD retailers out there, which subsequently adds a few extra dollars for the shipping and handling costs.

Is CBD Oil Worth It?

Now that you know what makes CBD so expensive, as well as how much a typical bottle costs, it comes down to the most important question of them all: is it worth it?

The benefits of CBD definitely help justify its steep cost. 

For one, CBD oil has some profound benefits on your overall wellness. It can help ease feelings of stress and tension, support mental health, quality of sleep, and more. 

CBD oil is also great for athletes that are constantly on the go or those who are prone to injury. Not to mention, CBD oils are some of the most effective ways to take CBD when compared to other applications. 

Sublingual CBD application tends to work faster and last longer than other methods because there are a large number of blood vessels underneath your tongue, allowing for the substance to enter your bloodstream quickly without metabolizing. 

This helps bypass the first-pass effect, which can dilute the effectiveness of a product upon metabolization.

We love using CBD gummies and lotions because they’re easy to use and come with their own set of benefits. But CBD oils and CBD sprays might be worth the hefty price tag because of their effectiveness alone.

How to Make the Most of CBD Oil

Although the price tag can be hard to swallow, we promise you that CBD oil isn’t. Let’s look at some ways that you can make the most out of your CBD oil to ensure maximum effectiveness and longevity.

Proper Storage

Your CBD has a shelf life of around twelve months. This is an extremely long time, and our guess is that you’ll need a refill much sooner than that. 

You’ll want to keep your CBD oil in a cool environment away from any windows or heaters. This is because heat from the sun or other forces can cause the oil to evaporate and lose potency over time. 

We recommend leaving it in your nightstand, bathroom cabinet, backpack, or any place where you’ll be able to grab it in a pinch.

Use the Recommended Amount

When using CBD oil, you won’t need more than just one or two drops. 

No matter how stressed you might feel, taking more than the recommended dose of CBD won’t enhance its effects. All you’ll be doing is wasting oil that you can otherwise save for a time when you need it most.

Shake, Shake, Shake

CBD oil is loaded with different cannabinoids, terpenes, antioxidants, essential oils, and more.

In order to help mix around the sediment, give your oil tincture a good shake before use. This will help you to get the most out of your product every time.

Pair it With Some CBD Lotion

CBD oil will do a fantastic job of letting you feel the benefits of CBD, but why not go for a targeted relief serum that can pinpoint problem areas and bring you some relief physically? 

CBD relief serum is a topical oil that’s fast-acting, absorbing right into your skin to help ease tension as needed. It’s a must-have companion for your favorite ingestible oils.

In Conclusion

A typical bottle of CBD oil can cost anywhere from $30 to $200. There’s no denying that this is pretty steep, but there are some good reasons why.

First, the process of farming and extracting CBD from the cannabis plant is difficult, time-consuming, and expensive all in itself. Also, investors feel that things like hemp and CBD are high-risk, so they’re less likely to invest in these companies to help them out. 

However, CBD has profound benefits that support overall wellness, and CBD oil is one of the most fast-acting applications of the substance on the market. This helps to justify those hefty price tags.

Once you get your hands on your favorite oil tincture, be sure to store it properly. Use only the recommended amount, shake the product, and pair it with topicals to really get the most bang for your buck. 

Sources:

Industrial Hemp | AGMRC

Marijuana Timeline | Busted – America’s War On Marijuana 

Cannabidiol as a Potential Treatment for Anxiety Disorders | NCBI

First-Pass elimination: Basic Concepts and Clinical Consequences | NCBI

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