One of the main reasons why the cost of CBD is so expensive is because it is a new product. One of the main factors in why CBD is so expensive concerns its small-scale distribution. Many major retail outlets, such as grocery stores, medicines and health supplements, refuse to sell CBD products or severely limit selection. This problem relates to regulatory issues, misconceptions about hemp and bad actors in the hemp industry.
The truth is that cbd oil is not as expensive as the main players in the industry want you to think it is. Because cbd is so versatile and the cbd industry is booming, demand for the product is at an all-time high and companies of all kinds are taking full advantage of the hype. The processing of CBD oil is one of the reasons for its high cost. The machinery used to harvest hemp and isolate CBD is expensive, so producing CBD oil is not a cheap task for companies to perform.
The process of making CBD oil is very expensive. All stages of production, from agriculture to extraction and third-party testing, require specialized knowledge and expensive equipment, resulting in a higher price than most over-the-counter supplements. Full-spectrum CBD is closest to the original plant. Contains all the cannabinoids and terpenes found naturally in hemp, including trace amounts of THC (0.3% or less).
These products are considered superior to other forms due to higher efficacy and more predictive dosing. This makes them more expensive than broad-spectrum CBD and isolates. In addition, CBD and hemp products, in general, are also subject to heavy taxes. It is very difficult to bring CBD oil products to the market due to the important stages of taxation.
All of this produces a final product that seems extravagantly expensive for what it is. Inspection costs valuable time, and this often increases prices. In addition to frequent inspections, harvesting hemp can increase the final cost. Many farmers who produce hemp must use certain types of equipment, which may include a harvester.
A harvester is a machine capable of harvesting large acres. Other equipment may consist of lawn mowers and molders. CBD is a relatively new market that lacks regulation when it comes to production standards and labeling of CBD products. If I knew what licensing fees legal growers have to pay, then high prices for CBD oil would make much more sense.
This barrier causes CBD companies to find other marketing avenues that require more labor, which also provides context as to why CBD is so expensive. It also takes time and a lot of financial resources to build the infrastructure needed to produce high-quality CBD oil. The other disadvantage is that carbon dioxide extraction produces a smaller amount of CBD oil than other methods, meaning that supply is more limited, which further increases prices. Large companies often bear distribution costs, such as shipping, which reduces the price of CBD oils for customers.
If a bottle of capsules says that each capsule contains 30 mg of CBD and there are 30 capsules in the bottle, that would be 900 mg total of CBD. Of course, in addition to the high cost of extraction and the quality of full-spectrum CBD oil, the demand for full-spectrum oils contributes to the high cost of these products. While it could save money, cheap and poor quality CBD oil will probably only cause dissatisfaction in the end. Industry experts estimate that the price of CBD oil will fall in the future, but not in the coming years.
And, like any other product, the label will indicate what else it contains (coconut oil or medium chain triglyceride oil derived from coconut are common carrier oils), where it was manufactured and how it should be stored. When it comes to your health, research and due diligence will serve as necessary tools to discover which CBD oil is right for you. Many companies currently sell hemp seed oil or cannabis sativa seed extract, claiming that it is CBD oil. The wide variety of legal challenges and tax issues is compounded by the fact that it is legally difficult to attempt to sell CBD oil across international or even state borders, as the legality of it differs depending on where you are.
But does it have to be that way? Why can't the best quality cbd oil be accessible and affordable for everyone?. .