Products in the CBD industry are not standardised, which can make working out the true cost of CBD products difficult to understand. This is why using a CBD calculator like this gives you the most accurate reading of how much per MG your CBD company is charging, which makes it far easier to compare the true costs and ensures that you get better value for money.
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CBD Calculator – How it works
The notoriety of CBD, or cannabidiol, has grown tremendously over the last couple years, and so has the availability of CBD oils (and their prices). Many people who are getting into CBD start by asking the question: "How much does CBD oil cost?" But with so much variation in the industry, determining which products are truly worth the cost can be a challenge.
While products with higher strengths or concentrations of CBD are more expensive, they also have better value. This is because they have a lower cost per mg of CBD. Similar to buying toilet paper in bulk to save money, you can save money in the long run if you opt for a strong CBD oil that will last for a longer period of time than less potent options.
How much does CBD oil cost?
The average prices of some leading brands are similar, but a few clear leaders emerge when we talk about value. Below, we've highlighted the most cost efficient products from three top brands to help you get the most for your money.
To determine the value, or cost per milligram of a CBD oil, divide the price of the product by the total mg of CBD. For example, a bottle of CBD oil that costs $120 and contains a total of 2,400 mg of CBD costs Lastly, and perhaps the most obvious, factor affecting the price of CBD oil is discounts or coupons that may lower the overall cost of an order. Many of the CBD brands listed above offer first-time buyer discounts, as well as subscription or bundle-and-save options that can cut the price of CBD oil significantly..05 per mg.
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.
Cost per mg of CBD; 856 CBD Oils
Here is a summary of our key findings. To read the full report and watch the video, see the link below.
CBD Examine analyzed the prices of 856 CBD oils from 263 companies to answer the question, "Are you paying too much for CBD?"
SANTA CRUZ, Calif. (PRWEB) October 05, 2020
- The average cost per milligram of CBD in 2020 is About CBD Examine: CBD Examine shows consumers what’s inside their CBD products. Our independent lab reports empower consumers with the cannabinoid levels, accuracy, honesty, and value of their CBD products..099 (about 10 cents).
- Full-spectrum products (products with CBD, THC, and other cannabinoids) are the most expensive, with an average CBD cost per milligram of .104.
- Broad-spectrum products (products with CBD, other cannabinoids, and NO THC) have an average CBD cost per milligram of .097.
- Pure CBD products (CBD isolate, NO THC, and NO other cannabinoids) are cheaper, averaging .075 per milligram of CBD.