cbd oil for prices

What is the Cost of CBD Oil?

How much does CBD oil cost? Cannabidiol (CBD) is a rapidly emerging industry across the U.S. as a wellness product for humans and pets. This substance is derived from hemp plants and is used to treat conditions including depression, anxiety, inflammation, and others. CBD is marketed in the form of oil, lotion, soft gels, candies, and more.

One common concern among consumers is the cost of CBD. When shopping for CBD oil online you will encounter a wide range of price differences. A 500mg bottle of CBD oil may range from $40 to over $200. It is critical to ensure that you read the ingredients carefully.

What is Cannabiodiol (CBD)?

CBD is a natural product sourced from hemp plants that are used in a variety of ways. In a pure isolate form, CBD is a white powder that has no scent or taste. It is seamlessly mixed with other ingredients and dissolves in liquid.

The manufacturer of CBD oil is responsible for the purity, quality, and safety because the FDA does not regulate it yet. Unlike the Tetrahydrocannabinol (THC) substances derived from marijuana, CBD is not psychoactive and does not produce a “high.” The same applies to hemp, which is also a derivative commonly used in industrial applications.

Full Spectrum “Entourage” Effect

In contrast to isolate, “full-spectrum” CBD oil refers to oil that contains other cannabinoids found within the plant. Therapeutic advantages are shown to exist in clinical trials from the multiple compounds referred to as the “entourage” effects of CBD. Manufacturers continue to modify and test various mixtures to determine optimum formulas for different treatments.

The other substances contained may include proteins, fiber, terpenes, and others. The leading companies that produce these products will have their oil tested by independent laboratories. These oils are then properly labeled with the ingredients and clear instructions regarding the dosage and administration.

Hemp Misconception

The Agricultural Marketing Resource Center recently discussed the confusion that is largely associated with marijuana and hemp. Industrial hemp is a highly fibrous material that does not contain significant levels of the psychoactive THC in marijuana. The level of THC found in marijuana is generally between 3 and 30%. Industrial hemp typically contains less than 1%.

Factors Influencing CBD Oil Cost

Cultivation Costs
Those who produce an “organic” product emphasize this as a contributing factor in their “premium” level oil. Even if the oil is not fully organic, it must not contain harmful chemicals such as pesticide. There are fundamental costs in growing the plant, which obviously will require seeds, labor, and equipment.

Some farmers or those possessing large areas of land choose to lease their land to growers. A report in Oregon stated that lease pricing varied considerably from between $1,000 to $5,000 per acre. This seems like a considerable expense; however, reports suggest that an acre of land can generate more than $40,000 in profits.

The soil is generally covered when growing these plants except for a section where each plant rests. A thin sheet of plastic is typically used for this. It serves the same function as mulch would in weed prevention. There is now a more costly eco-friendly plastic that is biodegradable. One report stated that a 4,000-foot roll of biodegradable plastic was priced at $225 versus $115 for a traditional roll.

The plastic sheeting cost for a 50-acre farm can exceed $20,000. Biodegradable sheeting does not require removal and disposal, as it is simply tilled back into the soil. There is some optimism that sheeting made from hemp will soon be developed. In Minnesota, a farmer estimated that harvesting the plants costs roughly $300 to $600 per acre. This cost has been declining considerably in recent years as more efficient methods are developed.

Extraction Costs
After harvest, the plant must be separated. This is often completed using a decortication machine that separates the components. Following decortication, the extraction is conducted to access the cannabinoids, flavonoids, terpenes, etc. Two of the most popular ways that extraction occurs include CO2 and ethanol.

A CO2 extraction machine is estimated to cost between $135,000 and $150,000. Also, there is at least another $20,000 in costs for an evaporator and centrifuge. After the cannabinoids and other substances are extracted, it is necessary to remove acids through decarboxylation. This is completed using an oven that costs approximately $5,000 to $7,000. At this stage, the oil is said to be in “full-spectrum” form.

To remove unwanted remaining properties, a distillation process is used. THC may be removed using a chromatography machine. The final product will have been tested, packed, and distributed for use.

Legal and Insurance
Companies operating in the CBD market may benefit from consulting with an attorney. This is important for compliance with volatile current laws and to navigate “gray” areas unique to working with cannabis plants. As with any organization, proper liability insurance should be maintained and is an additional cost which can influence the cost of CBD.

Credit Cards
Some organizations that work in this industry may be restricted from taking credit card orders. Fortress Payment Technologies, a card processor, recently informed merchants that they are no longer offering Visa processing for CBD-related businesses. Meanwhile, Elavon, a division of U.S. Bank, announced they were going to be servicing this industry.

Banking
Companies involved in the cannabis industry have difficulty accessing traditional banking and credit services. A recent Forbes article explained that many such businesses have been Compliant: CBD producers must navigate the laws of their state. CBD producers that use hemp to produce their oil rather than marijuana are unlikely to encounter federal restrictions. Currently, CBD is not allowed to be marketed as a “dietary supplement.”

Price of CBD Oil for Pets

CBD products geared for pet usage is a rapidly emerging market. A CNBC article estimated sales in 2017 as being $8 million and it rose to $32 million in 2018. According to projections, the market could surpass $1 billion by 2022. The CBD oil for pet products are also likely to vary widely in overall quality.

Leading Producer of Full Spectrum CBD Oil

Cannafyl™ is an established manufacturer of CBD-infused products that are designed for both human and pet consumption. We have maintained a tightly controlled process of manufacturing that ensures quality and consistency. Our oils are of the highest quality and are thoroughly tested by independent laboratories. Visit our website or contact our office at (480) 599-1003 to purchase CBD oil or for additional information.

CBD Oil Prices – Are You Overpaying for CBD

Thinking about buying one of the best CBD Oils in the market and aren’t sure about the prices? We feel you. With so many products out there, it gets hard to find one that not only works amazingly well but is easy on the pocket as well.

This is what we are here to help you with. In this article, we have put together a list of the best affordable CBD oils in the market that are affordable as well as effective. Moreover, you will find all you need to know about CBD oils, their prices, and what features you need to keep your eye out for.

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Without further ado, let’s get started!

Our Overall #1 Rated Pick

Spruce 2400 mg CBD oil

  • Full-spectrum
  • High potency
  • Organic

15% Discount and Free Shipping when you use the coupon code MEMORY.

Spruce CBD Oils are well known in the marketplace. These oils have proved to be effective for focus, concentration, lowering stress, anxiety, and reducing depression. Overall, Spruce CBD oils have a lot of health benefits.

The Spruce 2400 mg CBD oil is high in strength and rich in plant-based constituents. The oil contains natural ingredients and is free of preservatives. The oil is tested in their own lab as well as in an independent third-party lab to ensure its high quality.

Best Affordable CBD Oils in 2022 – Comparison Table

Image Name Ranking Price
Spruce CBD Oil – 2400 mg ★★★★★ Check Latest Price
Spruce CBD Oil – 750 mg ★★★★★ Check Latest Price
Spruce Rest oil ★★★★★ Check Latest Price
Spruce CBD Oil – 4800 mg ☆☆☆☆☆ Check Latest Price
Spruce CBD Oil – 400 mg ★★★★★ Check Latest Price
Spruce sample size CBD oil ★★★★★ Check Latest Price
Cheef Botanicals CBD Oil ★★★★☆ Check Latest Price
Zatural CBD Oil drops ★★★★★ Check Latest Price
NuLeaf Naturals CBD Oil ★★★★★ Check Latest Price
Charlotte’s Web CBD Oil ★★★★☆ Check Latest Price

Best Affordable CBD Oils in 2022 – Product Reviews

Spruce 2400 mg CBD oil

15% Discount and Free Shipping when you use the coupon code MEMORY.

Spruce CBD Oils are well known in the marketplace. These oils have proved to be effective for focus, concentration, lowering stress, anxiety, and reducing depression. Overall, Spruce CBD oils have a lot of health benefits.

The Spruce 2400 mg CBD oil is high in strength and rich in plant-based constituents. The oil contains natural ingredients and is free of preservatives. The oil is tested in their own lab as well as in an independent third-party lab to ensure its high quality.

The oil is good for brain fog, memory loss, and treating the symptoms of neuropathy. In terms of pricing, the Spruce 2400 maximum potency CBD oil is slightly expensive as compared to other Spruce CBD Oils.

This is because it is a high-potency oil, which delivers the best possible results. The oil is tested twice and is manufactured in a clean and safe environment. The high price is justified as compared to the quality of the product.

  • Organic
  • Tested for injurious ingredients
  • Gluten-free
  • Allergen-free
  • Double-tested
  • Drug-free
  • Maximum Potency
  • It has less than 0.3% of THC content
  • Drug test results will come back positive.

Spruce 750 mg CBD oil

15% Discount and Free Shipping when you use the coupon code MEMORY.

The second product on our list is Spruce 750 mg CBD oil. It is a medium potency product which makes it a very good option for teens as well as adults. The oil is rich in hemp, which is mined from the organic farms of Colorado.

This oil works great for people dealing with anxiety, stress, depression, insomnia, and other mental health issues. It is a lab-grade oil and is manufactured in a safe and clean laboratory. It is double-tested – once in the native Spruce lab and then by an autonomous third-party lab.

This ensures that the company is delivering safe products to the customers. The oil has a moderate price, which is quite reasonable given the quality and purity of ingredients. This product contains non-GMO verified, gluten-free, and dairy-free ingredients.

Moreover, the oil is allergen-free. What more can one ask for, right!

  • Organic
  • Gluten-free
  • Non-GMO verified
  • Affordable
  • No artificial flavor
  • Quick absorption rate
  • Contains 0.3 % THC

Spruce Rest CBD & CBN oil

15% Discount and Free Shipping when you use the coupon code MEMORY.

This is another amazing product from Spruce. The Spruce Rest CBD and CBN oil is a blend of 1200 mg CBD and 150 mg CBN. The CBN in this oil helps with relaxing your nerves and works as an effective sleep aid.

The CBD in this oil also plays its role in calming you down and is a good option for regulating the immune system, reducing pain, inflammation, and dealing with other physical issues. The oil has a natural vanilla flavor.

The natural hemp in this oil also works as a muscle relaxant and relieves stress. The product is third-party verified, so you can rest assured about its quality & purity. The oil is free of any harmful ingredients.

However, it contains slight traces of MCT Oil which is a coconut-based ingredient. Some people are allergic to coconut, so make sure that you are not allergic before consuming this product.

As compared to other CBD oils in the market, this product offers great value for your money. At this price point, it simply can’t get any better than this.

  • Organic
  • Gluten-free
  • Affordable
  • Fast absorption
  • No artificial flavors
  • No preservatives
  • Coconut oil might trigger allergies
  • Contains 0.3% THC

Spruce CBD Oil – 4800 mg

15% Discount and Free Shipping when you use the coupon code MEMORY.

Spruce has a wide range of CBD Oils. The 4800 mg CBD Oil is one of the high-potency oils offered by Spruce and is beneficial for adults. The oil has several mental and physical benefits.

It is filled with organic ingredients. The hemp in this oil is mined from organic farms. The oil has a fast absorption rate and gets dissolved into the bloodstream as soon as it is consumed.

The oil comes with third-party verification. It is distilled and free of impurities. The oil offers several health benefits, and that too at an affordable price point. The oil is rich in cannabinoids which are good for treating, inflammation, the tension in muscles, and stress.

The ingredients of the oil are non-GMO verified. Spruce is one of the leading and high-rank CBD Oil manufacturers, and we highly recommend this affordable product to you!

  • High potency
  • Extra strength
  • Double-tested
  • Allergen-free
  • High absorption rate
  • Contains THC 0.3%
  • Shows up on a drug test

Spruce CBD Oil – 400 mg

15% Discount and Free Shipping when you use the coupon code MEMORY.

Spruce 400 mg CBD Oil is a sample-size oil. The company manufactures the 5ml sample size oil in addition to the 30ml variant. The sample size bottles are very beneficial for people who want to test the product before buying it.

The oil has the same benefits and ingredients as the full-sized bottles. The quantity of oil, as well as the price, is low, of course, since it is a sample sized bottle. The oil is tested and checked for safety.

It is verified as safe-to-consume by the manufacturer as well as by an independent third-party as well. The oil contains natural, organic ingredients. All the ingredients are chemical-free.

There are no artificial flavors and the oil is free of preservatives. The oil is effective for treating brain fog, focus & concentration issues, memory loss, stress, anxiety, and depression.

  • Organic
  • Economical
  • No Preservatives
  • Vegan-friendly
  • Quick absorption
  • Small Size
  • Results in a positive drug test

Spruce sample size CBD oil

15% Discount and Free Shipping when you use the coupon code MEMORY.

Spruce is manufacturing different variants of CBD Oils. All of them have the same benefits. They differ in serving size and potency. This extra strength CBD Oil by Spruce is a high-potency CBD Oil.

It contains organic ingredients and is vegan-friendly. This product is not only tested by the manufacturer’s own safety lab, but by an independent third-party lab as well to ensure it is safe for usage.

The oil has a fast absorption rate and shows results quickly. It gets dissolved into the bloodstream as soon as it is consumed. The oil is free of chemicals, toxins, and other pollutants.

It is free of stabilizers, enhancers, and preservatives. In short, all of the components of the actual size bottle are transferred to sample size. The price of a sample-size bottle is comparatively low, of course.

The extra strength oil is unflavored and vegan-friendly. With so many benefits, the price point is justified!

  • Organic
  • Tested for injurious ingredients
  • Allergen-free
  • Vegan Friendly
  • Maximum Potency
  • Contains THC
  • Shows up on drug tests

Cheef Botanicals CBD Oil

The experts at Cheef Botanicals have used their years of experience to formulate and design this amazing CBD oil. Due to their quality and prices, Cheef Botanicals has become famous in no time and has attracted a large audience for its amazing Cannabinoid-infused products.

This CBD Oil contains hemp which is mined from their organic farms using the CO 2 extraction method. The oil is free of enhancers and preservatives. It is tested twice to make sure the company is delivering quality products to its customers.

The hempseed oil present in this CBD Oil is considered a superfood and is rich in protein. The oil is available in different variants, so you can choose one that suits your needs and requirements.

Overall, it is a very economical option. Since the oil is full-spectrum, this means it contains slight traces of THC. However, the amount is pretty low and will not make you high.

  • Premium Ingredients
  • Broad-Spectrum
  • Non-Synthetic
  • No additives
  • Fast absorption rate
  • Contains 0.3% THC
  • Shows up on drug tests

Zatural CBD Oil drops

Zatural CBD Oil is an efficient CBD Oil that is very popular among users as it is organic and vegan-friendly. The product has been thoroughly tested to ensure that it is safe in all respects.

The oil contains hemp extract as its main ingredient, which relaxes the muscles, reduces stress, and helps lessen the tension in joints. The oil is also good for inflammation and pain. It is a broad-spectrum oil. This means that it is THC-free but it will deliver all the benefits of CBD.

The oil contains non-GMO, nut-free, and dairy-free ingredients. It is also free of chemicals, preservatives, and artificial flavors. Zatural CBD Oil is one of the most economical options in the market.

You will certainly be satisfied with the quality and effectiveness of this affordable CBD oil.

  • Broad-Spectrum
  • No additives
  • THC-free
  • Drug-free
  • High absorption rate
  • None

NuLeaf Naturals CBD Oil

NuLeaf Naturals CBD oil first came on the market in 2014 as a result of exceptionally hard work by medical specialists. It is a blend of innovation and deep research. This CBD oil contains organic and vegan-friendly ingredients.

It is a full spectrum product and contains THC. However, the quantity of THC is pretty low and it will not make you high. NuLeaf CBD Oil contains hemp as the major ingredient, which has various health benefits.

This affordable CBD oil is great for brain fog, sore muscles, and other physical issues. Nuleaf Naturals is an economic brand when it comes to buying CBD Oil. The price of this oil is very economical, and won’t be a strain on your pocket.

  • Lab-graded
  • Full-Spectrum
  • Non-Synthetic
  • No heavy metals
  • Fast action
  • Contains THC
  • Shows up on drug tests

Charlotte’s Web CBD Oil

Rated as one of the best companies when it comes to CBD-based products, Charlotte’s Web has attracted a large audience. Charlotte’s Web CBD oil contains high-quality ingredients.

All the ingredients in this product are vegan-friendly. It comes in diverse, natural flavors. This high-strength CBD Oil is recommended for regular CBD Users and is not a good option for first-time consumers.

The oil is third-party tested and has been verified as safe to consume. It is full-spectrum oil which means it contains THC. Charlotte’s Web CBD Oil has a steep price, which may not be suitable for everyone.

However, the oil is of premium quality and is highly effective, which justifies the price.

  • High potency
  • Exciting flavors
  • Full-Spectrum
  • Chemical-free
  • Non-Synthetic
  • No additives
  • Contains THC
  • Relatively expensive

CBD Oil Prices: Are You Overpaying for CBD

What is CBD Oil?

First, let us give you a preview of what CBD oil is. CBD is the short form of cannabidiol. Cannabidiol is derived from the hemp plant or commonly known as marijuana. One thing to note is that CBD oil will not cause a ‘high’ as smoking marijuana will.

CBD has various benefits and it can be helpful in many medical conditions. The most important benefit in our view is related to its anti-oxidative properties. Moreover, CBD reduces inflammation and pain perception.

Some studies have even associated CBD with the reversal of brain damage while some have shown promising results as anti-ageing medicine. Last but not least, CBD is also known to reduce stress and tackle mental health problems such as anxiety and depression. So, depending upon your condition, CBD can provide you with a ton of benefits.

What is the General Price of CBD Oil in the Market?

There is no set price for CBD oil in the market. Every brand that produces CBD oil charges as per their own demands. CBD oil prices usually range from $35 to $250. Many factors influence the prices of CBD oils, such as the potency, the ingredients, etc.

We recommend that you keep an eye on the quality of the product instead of going by the price tags. A high price tag doesn’t necessarily guarantee high quality as well. You can definitely find brands of CBD oils that produce quality products while maintaining moderate prices.

One of these high-quality brands is Spruce. You will find high-quality, third-party tested products from Spruce, and that too at nominal prices.

Factors that Influence CBD Oil’s Price

As we mentioned before, there are many factors that can influence the final price of any CBD oil. Read these factors carefully to know what exactly you are paying for. We hope that you will gain enough knowledge to know that it is about quality vs price tags.

The spectrum of CBD Oil

Firstly, you have to understand what the various spectrums of CBD oil are. After this, we will explain how they influence the cost. There are three basic spectrums of CBD oils.

    • Full-spectrum CBD oils
    • Broad-spectrum CBD oils
    • CBD Isolate

    Full-Spectrum CBD Oil

    The full-spectrum CBD oil contains all the elements of the cannabinoid family. These are the most common CBD oils available in the market. The hemp plant as a whole is used in the extraction process.

    Full-spectrum CBD oils are the best as they are full of benefits. They do contain THC but in negligible amounts.

    Broad- Spectrum CBD Oil

    The broad-spectrum CBD oil contains all the elements of the cannabinoid family except THC. THC is the element responsible for producing the intoxicating effect associated with marijuana.

    The cost of broad-spectrum CBD is a little higher as compared to full-spectrum. The reason is that it requires another step during processing to eliminate THC from the mix of elements that constitute CBD oil.

    CBD Isolate

    The last is CBD isolate. This one is the most expensive of all CBD oils. CBD isolate oils carry only cannabidiol and no other elements. This requires extensive filtration to get rid of all other cannabinoid elements.

    Method of Extraction

    CBD present in the CBD oils is processed through various methods. The steps of processing vary according to the spectrum of the oil. However, there is more to CBD processing than just the spectrum.

    CBD is extracted from various parts of the hemp plant. There are various extraction processes used to extract CBD from the plant. All the extraction processes have their own merits and demerits.

    The cost of each extraction process is different. Thus, the company that adopts the high-cost extraction process obviously has to raise the price of its product accordingly. Mainly there are three extraction processes in the market.

    Carbon Dioxide Extraction Method

    The most complex and reliable extraction method is the carbon dioxide extraction method. It is the most expensive option as well because it requires heavy machinery. Moreover, experts are required as well to operate the machinery in the perfect manner.

    By using this method, manufacturers can make sure that no element other than the ones they want enter the CBD oil. So, it is almost certain the CBD oil processed extracted through the CO 2 extraction method does not contain any contaminants.

    Thus, it is the safest option as well. Spruce uses the carbon dioxide extraction method. However, their products lie in the moderate price range as compared to other brands that use the CO 2 extraction method.

    Olive Oil Extraction Method

    This is the simplest extraction method of all. It only requires cooking the desired parts of the hemp plant with olive oil over a low flame. Over time, the CBD and other cannabinoid elements incorporate in the olive oil, producing CBD infused olive oil.

    This method produces only full-spectrum olive oil. The cost is determined by the quality of the olive oil that was used. The price of CBD oil obtained through this extraction method is definitely less than the CO 2 extraction method.

    Solvent Extraction Method

    The solvent extraction method is the cheapest of all. The solvent, which is alcohol, is mixed with the hemp plant. The cannabinoid elements are extracted by the solvent. The solvent is then evaporated and cannabinoid extract is obtained.

    It is then added to the base oil of choice. However, this method has multiple downsides because there are many ways the sample can get contaminated.

    Third-Party Testing

    There is no government body to monitor the quality of the CBD products available in the market. Therefore, the manufacturers of CBD oils have taken it into their hands to prove to their customers that their product is legit.

    Independent third-party labs come in at this point. These independent labs test the product and give their unbiased report just as any governmental body would have done. Obviously, they charge money for this service as well.

    This factors in the final cost of CBD oil as well. However, do note that the surety of quality triumphs cheap products with unknown quality. Spruce gets its CBD oils tested from a third party, ensuring the highest quality CBD oils in a moderate price range.

    Flavours

    Some of you might know that the hemp plant is quite bitter in taste. The same taste is transferred to CBD infused oils as well. Since the method of intake requires you to keep the CBD oil under your tongue for a full minute, bitter-tasting oil can make that minute quite excruciating.

    Thus, some companies add flavour and scent enhancers to their products to improve the user experience. The added scent and flavour obviously have a cost of their own. So, it is imminent that flavoured or scented CBD oils cost more than unscented and unflavored options.

    Although, do note that unflavored CBD oils are bearable to consume. It’s just that some people have heightened taste buds and they cannot stand even slightly bitter things. Thus, flavoured options are better suited for them.

    Quantity

    The more the product, the higher the price will be. It is as simple as that. You cannot compare the price of a 10 ml bottle to the price of a 100 ml bottle. If you purchase a bigger sized CBD oil bottle you will have to pay a higher price.

    This is simply because it holds a higher concentration of CBD and a higher quantity of carrier oil as well. Although, some companies such as Spruce do offer deals on bigger bottles. These deals end up saving you a ton of money and are best suited for regular CBD oil users.

    Quality

    The quality of CBD oil is dependent on a lot of things including the hemp plant, carrier oil, and the extraction process.

    Hemp Plant Quality

    The hemp plant quality varies according to the farming practices. If the plant is grown under the influence of pesticides or fertilizers, it will get infused with those chemicals. When the same plant is processed for CBD, these chemicals are then transferred into the CBD concentrate.

    Thus, the quality of the plant matters and you should choose the ones that are grown organically. Organically grown plants are non-GMO, pesticide-free, and fertilizer free as well.

    Carrier Oil Quality

    In the case of carrier oil, there are different options available in the market. The quality of oil can only be judged according to its purity. If the carrier oil is devoid of any contaminants, then it is best.

    However, there are various oils used by different manufacturers. The reason might be that some are easier to process and some can be stored for long durations of time. As we already know, olive oil and coconut oil provide a ton of nutritional benefits.

    However, they cost more than seed oils. Thus, the price of carrier oils directly influences the price of CBD oil.

    REDFOOD Premium CBD Oil 30% (Hemp Oil) 10ml

    • 100% from hemp
    • extremely mild flavor
    • 10 ml 285 drops
    • laboratory tested
    • Made in Germany – made in Germany and in accordance with German regulations
    • The product does not contain lactose or gluten
    • it is free of flavoring, coloring and preserving agents
    • 100% vegan
    • Write review

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