How Much is CBD Oil Worth? It Depends on the Quality
Posted on May 29th, 2021
Over the last couple of years, CBD’s notoriety has grown significantly. That means that the availability of CBD oils, as well as their costs, has grown. Most people trying out CBD for the first time can’t help but ask themselves: “How much is CBD oil?” However, with so much variation in this industry, it can be quite challenging to establish which products are genuinely worth the cost. Before diving into how much CBD oil is, you need to understand some CBD basics. Knowing what goes into the product will help you understand why CBD can be so costly.
What Are Cannabinoids?
In general, cannabinoid is a term describing any chemical substance (irrespective of its structure or source) that adheres to cannabinoid receptors in the brain and body. The body makes cannabinoids that have similar effects to those in the cannabis sativa plant. There are three major categories: endocannabinoids occur naturally in the body, phytocannabinoids come from plants, and there are even synthetic varieties now.
Researchers have reported that the cannabis plant contains about 80+ cannabinoids and about 300 non-cannabinoid chemicals. The two most common cannabinoids are THC and CBD, with the former being more infamous. It is the substance that is responsible for marijuana’s intoxicating effects.
What is CBD?
Simply put, cannabidiol is a compound present in cannabis plants (hemp and marijuana). Researchers have recently determined that there are legitimate therapeutic uses for cannabidiol. Thus the federal government has legalized the compound as long as it comes from hemp plants that contain less than 0.3% THC.
Farmers who specialize in hemp intentionally grow it to have low-THC and high-CBD content. Because THC is only present in trace amounts, it enables the users to enjoy CBD effects without the intoxication of THC.
What is CBD Oil?
In today’s market, CBD comes in a wide variety of products. CBD oil is the original and perhaps the most popular option. CBD oil is possibly the most readily accessible and maybe the easiest to use as well. The product type and brand will determine how many drops/the proper recommended dosage per day. If you ask, “how much is CBD oil?”, keep in mind that the potency of the product will be a big influence on the price.
Drops are often placed beneath the tongue, or sublingually, to help with absorption. Some people may have aversions to the earthy flavor of natural hemp extracts. Therefore, in case you have a sensitive palate, an alternative method might be better for you.
Effects of CBD
According to science and anecdotal evidence, CBD may play an integral role when it comes to maintaining the body’s homeostasis. Furthermore, research into its possible uses is still ongoing. Below are several ways CBD may help you:
– Reducing pain and inflammation
– Manage many skin conditions, such as acne
– Improve sleep quality
– Relieve anxiety, stress, and depression
CBD and the ECS
By now, you already know where CBD comes from. But how does it work? For cannabidiol to exert its impact, it requires a point of contact, which is the endocannabinoid system. All mammals, even cats and dogs, have endocannabinoid systems, and even some non-mammals such as goldfish.
When it comes to humans, the ECS’s role is a somewhat recent discovery (in the 1990s), which is the reason studies are still ongoing. However, the importance of the system is quite clear to researchers. What we know so far is that the ECS works as a regulatory system that has a significant role in the immune and nervous systems, brain, and vital organs.
Its primary function is to monitor all these systems and make sure that they are always in working order. This includes receiving the resources they need whenever they require them. And for whatever reason they aren’t working properly, the ECS will see whether it might help by signaling to produce certain biological compounds and enzymes. In other words, CBD can act as your endocannabinoid system’s general manager.
The ECS does not get involved directly with bodily functions. However, it does ensure that your body’s chemical compounds and enzymes are where they have to be when needed. Nonetheless, CBD can lead from the front when it needs to, and interact with receptors in the ECS. Before you are discouraged when you ask, “how much is CBD oil?”, remember that all of these complex, important interactions make it worth it.
Mechanism of Interaction
In order for the ECS to take action, cannabinoids such as CBD need to stimulate it. It usually does this through two major types of receptors – CB1 & CB2. They work as access points to the system, or a gateway between the cannabinoids and the human body.
Mostly, CB1 receptors exist in the brain and sections of our central nervous system. On the other hand, CB2 receptors are present in the digestive and immune systems.
To ensure that the right compounds follow the right pathway, these receptors have a kind of “lock”. When a receptor interacts with the appropriate cannabinoid, then the pathway is unlocked, and the ECS takes action.
Although CBD’s “key” does not fit directly into CB1 and CB2’s “locks”, it does impact the receptors in different ways. Rather than unlocking the pathway directly, the cannabidiol may support the binding of multiple enzymes and chemicals.
If this occurs, you will encounter several of the benefits the compound is praised for. Nonetheless, although CBD isn’t the only compound that can trigger CB1 and CB2 receptors, it’s among the few that do not cause any mind-boggling side effects.
Will CBD Get You High?
The answer to this question is why some people are surprised when they ask, “how much is CBD oil?” The fact is, CBD will not get you high, but it still offers potential health benefits. After extracting CBD from either hemp or cannabis, manufacturers infused it into various products like oils, tinctures, balms, and lotions. CBD oil is one of the most popular CBD products. You can either use it below the tongue or perhaps add it to your food, drinks, and even vape pens.
You can find several products claiming to be a natural means to lower anxiety. In fact, researchers have actually discovered that cannabidiol can relieve some symptoms of anxiety, stress, and depression. Taking high CBD concentrations can lead to an uplifting effect, but this is nothing like the “high” that THC causes. It won’t make you feel intoxicated.
Even so, taking large CBD quantities may lead to occasional side effects, like drowsiness, fatigue, dizziness, and nausea.
How Much is CBD Oil Worth?
Would you like to determine the value or price of CBD oil per milligram? All you need to do is to divide the cost of the product by its total mg of CBD. For instance, a bottle of CBD oil costing $100 and consisting of a total of 2,400 mg of CBD costs about 4 cents per mg.
Of course, the cost of any product will differ across brands. However, the price tends to range somewhere from $0.05 – $ 0.2 per mg of CBD. Therefore, if you are paying above 20 cents for every mg of CBD, then you are most likely overpaying. On average, quality CBD oil ranges from $0.09 – $0.17, with $0.05 on the low end (or dubious quality). On the other hand, premium oils (best quality) cost more.
Many factors go into the cost of a final product. The concentration of CBD in the product is a big factor, but so is the extraction method that the company used. Even the quality of the hemp plants themselves (are they organic?) factors into the final cost.
How Much is CBD Oil: Finer Details
So, does CBD have the same average price in all 50 states? What about CBD wholesale? As a bulk commodity, CBD ranges from $3 – $15 per gram, or just 1.5 cents per milligram. That might mean that a CBD tincture bottle of 1000 milligrams might contain $3 – $25 worth of CBD. However, that would not account for labor costs, materials, and production.
Although some companies could do the entire production in-house, most CBD companies opt for “white labeling” – this is when a well-recognized manufacturer creates their products for them. Afterward, the CBD companies need to market and ship their products. Generally speaking, this may cost approximately $25,000 to launch, and an additional per-unit cost from $2.50 to $12.50.
What about in Tennessee? You don’t need a specific license to sell CBD oil products in Tennessee. Nonetheless, lawmakers are considering limiting the distribution of CBD products by making sure that they are tested for potency and purity. If a product doesn’t pass the test, it would not be eligible for sale.
Conclusion: How Much is CBD Oil?
If you are planning to purchase CBD oil online, you will soon realize that there is an array of hemp products to select from. Besides CBD oils, there is also the choice of different application styles such as gummies, topical lotions, CBD capsules, etc.
With all this information to consider, the CBD industry might sound like a confusing marketplace with many varieties of products and price points to filter through. Nonetheless, many consumers are still seeking out CBD because it works for them. Many people swear it helps them sleep better and relieves their pain or anxiety.
Whether a CBD product is worth the price depends totally on how badly you want relief from whatever is bothering you. Some people think there’s no price too high for a truly good night of sleep without feeling groggy in the morning. If you want to give CBD a try, talk to a medical professional to find out if it may interact with any other medication you are taking.