The price of high quality CBD is driven by an array of factors. The talent and time required to produce high quality, healthy plants and only the best strains is a substantial cost. Purchasing and maintaining the required machinery costs a substantial amount of money.
The actual extraction process requires workers, equipment and even laboratory equipment, all of which can be very costly.
Even though the recent change in federal law didn’t instigate too many regulations regarding the growth of commercial hemp, most states have instigated their own regulations and conditions that growers are required to comply with.
As a result of all of this, CBD products are generally very expensive. So why are so many inexpensive CBD products showing up on the market, and how are these producers keeping their costs down?
Inexpensive CBD products are created from the following three main strategies:
Yes, this is a common tactic and involves increasing the size of the bottle but not the amount of CBD per fluid ounce. Vendors of all sorts of products — especially food — use this approach to make their product appear more desirable or like a better deal. An example: a 30 ml bottle with 500mg of CBD selling for $40, while another 500mg bottle at 60 ml also sells for $40. The vendor leads the customer to think they are getting twice as much, they are getting twice as much coconut oil and that’s it.
a. 30 ml @ 500mg of CBD is 16 mg of CBD per 1 ml dose.
b. 60 ml @ 500mg of CBD is 8 mg of CBD per 1 ml dose.
This trick means that anyone considering buying CBD products needs to check the amount of CBD per ml, not just the size of the bottle.
Use of Isolate instead of Distillate.
CBD Isolate comes in a powder form and can be easily added to most end products. It has been stripped of all plant material using solvents and boasts a 99% CBD concentration without any other cannabinoids or other phyto materials. Isolate typically costs somewhere between $3,000 and $4,000 for one kilo.
Distillate, on the other hand, comes as a thick oil that is extracted from the plant and preserves the plant’s natural cannabinoids, terpenes and other phyto materials. This gives the CBD increased bio-availability within your body’s endocannabinoid system. Distillate costs somewhere between $7,000 to $9,000 for one kilo.
Use of sub-standard raw materials from the grower.
High quality CBD is extracted from the hemp plant’s leaves and flowers, and separating these from the stalk is expensive and time-consuming. The cost per pound of leaves and flowers range around $700. The cost for the hemp stalks, which have CBD, but not in high quantity, is $24 per pound. You can easily arrive at the strategy here.
If you are looking to use CBD products, quality is more important than price. Any product you purchase should have third-party certification.
Cannafy – Whole Plant, Whole Truth.