Why Is CBD Oil So Expensive?
People often ask why is CBD oil so expensive, and why does premium CBD cost so much to buy?
What does CBD oil cost? Is CBD oil worth it? Well, in the following article, we’ll talk about some of the different costs and processes that go into producing CBD oil and why it costs what it does.
The cost of CBD oil is one issue that keeps on coming up time and time again. Two of the most common questions which you hear askes are ‘what is the cost of CBD oil?’ and ‘how expensive is CBD oil?’ They may seem like simple questions, but the answers will require a little bit of understanding.
Many people often look at CBD oil and want to know whether or not it is worth the price that manufacturers are charging for it. The average cost of CBD oil may appear high when you compare it to something like olive oil or fish oil, but there is a lot of work that goes into producing that bottle of CBD oil that many consumers aren’t aware of.
Let’s check out some of the reasons why CBD oil appears more expansive than you think it should be.
Creating and breeding CBD-rich strains.
For many people, CBD oil is just some expensive plant oil in a fancy bottle. What many people don’t realize is that the process begins all the way back at the plant stage. Breeding and cultivating specialty strains of hemp to produce premium CBD oil doesn’t just happen overnight.
Although the 2018 Farm Bill made it legal to grow and produce well made from hemp plants in the United States, many states still have to ratify their state laws. There is also a variety of different state requirements and permits which growers need to have before they can begin cultivation.
Heavy taxation of hemp plants, as well as expensive and complicated permits and approval processes, can make the entire endeavor very expensive for farmers. This oversight by local and state government ends up adding a lot of additional requirements onto growers that all takes time and money to complete.
The additional legislative and legal requirements combined with the additional taxation and relatively new aspect of hemp farming doesn’t exactly make it the most attractive option for farmers. The limited amount of hemp being produced is one of the factors in the price of CBD oil.
While many people are under the assumption that cannabis plants such as hemp and marijuana are tough and durable, growing premium strains of the plants still require a lot of attention to detail. The hemp plant still requires optimal heat and moisture to obtain the best yield. In many cases, this is impossible outside and requires the use of indoor hydroponic operations.
Add together the costs of buying land, the building, growing facilities, staff, cultivation strains and seedlings, artificial lights, ventilation systems, watering systems, and harvesting, and you’ll begin to get an understanding of how expensive that CBD oil is to produce.
The overhead costs associated with growing the CBD rich strains of cannabis make up a large percentage of the cost of CBD oil.
What is involved in the manufacturing process of premium CBD oil?
How hard could it be to get the oil from a plant and put it into a small bottle? Many people are under the incorrect assumption that it isn’t that complicated. Hemp oil alone is relatively easy to manufacture and process. That’s because hemp oil by itself doesn’t contain any CBD. It’s just a hemp-based oil that is usually made out of processing the hemp seeds. Hemp seeds only contain minute almost unmeasurable amounts of active cannabinoids.
The extraction process that is required to isolate cannabidiol (CBD) and other cannabinoids require a complicated and significant setup. There are a variety of different solvent-based extraction methods, but most reputable CBD companies utilize CO2 extraction. CO2 extraction is the cleanest and safest extraction method used to isolate CBD, but it’s also the most expensive and complicated to setup.
The supercritical CO2 extraction pulls different compounds such as cannabinoids, essential oils, terpenes, and flavonoids out of the hemp. This leaves you with a full-spectrum CBD oil. If you’re looking for CBD isolate products, then the CBD oil will need to undergo even more additional processing to isolate the CBD from the other plant compounds.
What is winterization, and how does it affect the cost of CBD oil?
Another important part of the CBD oil process that goes into producing CBD oil and why it costs what it does is winterization. After CO2 extraction, the CBD mixture gets frozen and then purified. This process is known as winterization. It allows the manufacturers to separate the different compounds in the mixture before final bottling.
When the different compounds have been separated, the final mixture is suspended in an inert oil for a specified period. The choice of oil used can also play a big part in how much CBD oil costs and why CBD oil can be so expensive.
Two of the most common oils that are used are coconut oil and hemp oil. They help to provide a taste and texture to the CBD oil or CBD tincture. Premium versions of these oils aren’t cheap. Adding these oils also adds additional health benefits to the CBD oil through the addition of fatty oils. Fatty oils help to assist the CBD to enter the bloodstream.
After the final winterization process, it’s time to bottle and label the CBD oil for shipment and distribution. You thank that there wouldn’t be much more to the process, but you’d be wrong. There are some more hurdles that CBD oil needs to overcome before it enters the hands of the consumer.
Preparing CBD oil for the shop shelves and online stores.
The legality of CBD oil and other cannabis products means that it occupies a unique position in the consumer market. CBD is not psychoactive and won’t get you high and has no addictive properties. For a product to be considered hemp and not marijuana in the United States, it has to have less than 0.3% THC.
It’s because of this that CBD oil has to undergo additional testing before it can be marketed and sold to consumers. These types of tests aren’t cheap, and another reason why CBD oil costs more than you may think.
As well as being tested in approved laboratories, many CBD oil is also spot-tested by the government and self-tested by companies in independent third-party laboratories. These tests help to ensure that the THC content is below the required levels, the cannabinoid content is as advertised, and there are no additional contaminants such as molds, mildew, heavy metals, or chemicals.
When you consider that many CBD oil products are kosher, vegan-friendly, organic, and non-GMO, it all starts to add additional expenses to the costs of producing premium CBD oils and CBD products. This is also an important reason to but CBD oil that is produced from hemp grown in the United States of America.
In the USA, there are strict controls in place to ensure that manufacturers and growers follow procedures that result in products that are safe to consume. Other countries such as China aren’t always as stringent with the enforcement of growing conditions which can leave you with CBD that’s contaminated with heavy metals or worse.
Why does CBD oil cost so much? Conclusion.
When you start to look at the costs associated with the development of strains of hemp, growing and cultivation of the hemp, processing into CBD oil, testing and quality assurance, taxation and licensing, you start to get a better understanding of why CBD oil can seem so expensive compared to other oils.
There is also a certain amount of advertisement and education which goes into the production and sale of CBD oil and other hemp and marijuana products. For the last decade, marijuana and hemp have labored under a very negative stigma, often being lumped together as a narcotic with very dangerous side-effects. The truth is a lot less intimidating. CBD oil isn’t addictive and has little in the way of negative side-effects.
Reputable CBD companies are going above and beyond to ensure that their customers are getting not only a safe and premium CBD oil but that they’re also educating them about the potential health benefits of CBD.
CBD oil can appear to be an expensive prospect, but once you start experiencing the potential health benefits of CBD oils and other CBD products, you may appreciate the cost a little more. It’s also important to remember that premium CBD oil is premium and well worth the cost. You don’t need to use a lot of CBD oil, so be careful not to overdo it and always follow the manufacturer’s instructions.