CBD Oil Price
The rising popularity and demand for cannabidiol or CBD oil have pushed prices up in recent years. Statistics show that between 2022 and 2027, the global market for cannabidiol will grow at a CAGR of 23.3%, and by 2027, the market is expected to be worth USD 39.98 billion.
The source of the CBD oil is the mature stems and/or petals of the cannabis hemp plant, which have undergone numerous extraction procedures to produce a liquid extract with high concentrations of cannabidiol. This natural remedy has been successful in relieving pain, reducing anxiety, fighting inflammation, and ultimately boosting physical and mental health. A broader variety of CBD oil-based products, such as creams, coffee, gummies, softgels, tinctures, pills, capsules, lotions, and vapes, has resulted from more emerging brands entering the market.
So what is the price of CBD oil, and how are the prices determined? What factors affect the cost of pure CBD oil and how to get the CBD oil at best price? Let’s hear out what our CBD experts from Herbal Visuals have to say:
CBD Oil Cost
If you’ve browsed through the internet to know CBD oil prices, you may have realized that it isn’t always constant. Even though they appear to be marketing the same item in the same quantity (in milligrams), they can vary greatly from store to store.
The average price of the best CBD products ranges from $0.02 to $0.20 per milligram of CBD. This is based on an average evaluation of some of the leading brands’ most well-liked CBD products. Products with a higher CBD content typically cost more than those with a lower CBD content. Furthermore, most
products become less expensive as you buy more quantity of them.
CBD Oil Price at Herbal Visuals
Herbal Visuals is known amongst the CBD community for its natural and quality range of pure CBD oil products. Here are the CBD oil prices at Herbal Visuals:
What factors influence CBD oil prices?
Although CBD oil is a more expensive wellness supplement, many factors influence its sale price. A genuine CBD product requires numerous quality assurance and production steps that other nutritional supplements might overlook. Below are listed the main factors that influence CBD oil prices:
How to calculate CBD oil prices?
❖ CBD Quality: A CBD product’s purity or potency is considered to be its quality. The naturalness and concentration of higher-quality goods will be greater. You will pay more for the higher-quality product, but you will be able to utilize it for more dosages.
❖ Hemp Source: Another crucial factor influencing the final product’s price is the kind of hemp from which CBD oil is derived. The finest CBD oils are produced from organic, non-GMO, pesticide-free hemp. Utilizing such good-quality hemp is more expensive, so the cost of CBD products is automatically high.
❖ Extraction Method: Hemp CBD extraction is a labor-intensive procedure that calls for advanced technology. Two main techniques are used to extract CBD from hemp: supercritical CO2 extraction and ethanol dissolution. Although both processes produce CBD oil that is safe, the products done with ethanol dissolution tends to be cheaper than the one from CO2 extraction.
❖ Third-Party Testing: All products made from hemp must undergo third-party lab tests. In-depth assessment can be more expensive, which therefore raises the final product’s price, but it also produces stronger proof of the product’s quality, genuineness, and reliability.
The price per serving (in milligrams) method is the fastest and easiest way to figure out CBD oil prices.
To do that you need to consider two things:
(1) The overall quantity of CBD (in milligrams) listed on the label, and
(2) The cost of the CBD oil you are buying. After that, you simply need to divide the price by the milligrams of CBD. Here’s the formula:
Total CBD Oil Cost / Total Milligrams = Price Per Serving (in milligrams)
For instance, Herbal Visual’s Intensive Relief Rub with Emu Oil costs $59.99 and has 1,000 mg of CBD. This means you’re paying roughly $0.06 per mg of CBD, which is a very reasonable rate.
Final Words
So, now that we’ve developed a simple approach for determining the cost-effectiveness of CBD oils, it’s simpler to compare pricing based on the price per milligram rather than bottle size. If you’re searching for the best deals on premium CBD oils online, be sure to go only for high-quality CBD products that
have undergone laboratory testing to confirm their safety and purity.
The CBD expert at Herbal Visuals is just a call away to consult you on your CBD oil needs. Happy buying