This THC-free CBD oil tincture from Medterra provides 16 mg of CBD in each 1 ml serving. As a CBD isolate product, it contains zero THC or any secondary cannabinoids.
Ashley Jordan Ferira, PhD, RDN is the Senior Editor of Health & Wellness Strategy at Remedy Review, an independent CBD reviews site. Dr. Ferira completed her PhD in Foods & Nutrition at The University of Georgia, where she researched the role of vitamin D in pediatric cardiometabolic disease. The products featured in this article were tested at ProVerde Laboratories in Milford, MA and Avazyme, Inc. in Durham, NC.
Some CBD oil tinctures may contain premium ingredients like a USDA-certified organic MCT coconut oil or all-natural flavorings that can increase the price of the product. If you're set on purchasing a truly organic CBD oil, the extra cost may be worth it.
Whether you're buying CBD oils online or in-store, third-party lab testing is a must for all hemp-derived products. This process isn't cheap, and more in-depth testing can cost more (which leads to a more costly end product). However, this external testing provides greater evidence of quality, safety, and transparency for the brand and its products.
To simplify this process, Ashley Jordan Ferira, PhD, RDN, Senior Editor of Health & Wellness Strategy at Remedy Review, a CBD reviews site, compared the prices of popular CBD oil brands on the market—including Medterra, cbdMD, and Naternal—to pinpoint the average cost of CBD oil.
Not only is Cornbread Hemp’s CBD oil under $40, but it also contains a unique “flower-only” hemp extract. By taking out the stalks and the leaves, the brand is left with a purer CBD formula that reviewers recommend taking before bed. It comes in two strengths, starting at 25 milligrams of CBD per serving
With all this information to take into account, the CBD industry can seem like a confusing marketplace with an overwhelming number of hemp oils (and prices) to filter through. However, many consumers are flocking to CBD, and often use its potential health benefits as a way to justify the price tag.
CBD oil prices are also affected by legal requirements related to lab testing. Third-party testing ensures that a product is safe and correctly measured and that consumers are getting clean, lab-grade CBD. A licensed lab will make sure a product’s listed potency is accurate, meaning you’re actually getting the amount of CBD or THC you’re paying for, or alternatively, that the THC content is zero for those who want to avoid any possible intoxicating effects or drug-testing surprises. Lab tests also analyze moisture content and screen for pesticides, mold, fungus, heavy metals, and residual solvents — chemicals that may remain after the extraction process.
Many medical marijuana and CBD isolate consumers prefer an edible such as a gummy to receive their dose of cannabinoids. Photo by: Gina Coleman/Weedmaps
However, for most brands Weedmaps looked at, 5 cents seemed to be the low end, while the majority cost between 10 to 15 cents per mg of CBD and rarely exceeded 20 cents per mg.
How do you know you’re getting a lab-tested product? If a company lists its certificates of analysis on its website and packaging, shoppers can usually be assured the product has been lab-tested.
Stem said that when she is personally trying to decide if a CBD product is a good deal, she goes straight to the source material. Is it grown organically? Is it grown domestically? She also looks for readily available certificates of analysis (COA), which must be issued by a licensed laboratory that tests for potency and safety.
But for curious newcomers, CBD oil cost might raise some eyebrows. A 1 ounce (30 milliliters) bottle of CBD oil could cost anywhere from $30 to more than $200, leaving many wondering how something so small can cost so much, and why CBD prices vary so widely. What accounts for the discrepancies and, perhaps most importantly, how much does CBD oil really cost?
“In most other industries, the labor, materials, and profit are often divided into three equal portions,” Stem said. “Given the exposure to this industry with regard to legal, regulatory, and testing standards, it stands to reason that the profit margin must be higher to accommodate potential risk. The markup may be closer to 400% rather than the 40% seen in many other packaged goods.”
Since CBD was legalized in late 2018, hundreds of new companies have cropped up to sell CBD oil to the masses. And for good reason: People around the world are using CBD in a variety of ways to improve their overall health and wellness.
Cannabidiol, or CBD, is a chemical compound naturally found in the genus of plants known as cannabis. It belongs to a larger family of compounds known as cannabinoids.
For those who are interested in Full Spectrum CBD oils, Vena’s two strengths of mint-flavored Full Spectrum Oil are not only refreshingly delicious, but noticeably impactful. Offered in 1500mg and 3500mg strengths, Vena’s Full Spectrum oils offer potent levels of cannabinoids to ensure maximum benefits and are loved for their clean ingredient profile and natural mint flavor. If you’re looking for clean, natural formulas that pack a good punch – Vena’s CBD oils are for you. 17. Pure Craft CBD
CBDfx’s calming tincture is available in five strengths, ranging from 500mg to a whopping 6000mg CBD. It’s priced quite reasonably for a CBD of this quality. It’s truly top-shelf stuff and we happily recommend it!
If you’re looking for the highest-quality CBD oil on the market, Verma Farms is your brand.