Why is cbd oil so expensive?
CBD is a newly introduced product, so prices have only started to rise since it became legal in 2018. The main reason for this is that hemp flower with high levels of CBD is extremely expensive.
There are also a lot of steps involved in making a CBD product, both in terms of the production process and in testing. This means that the manufacturer has to spend a lot of money on the development and quality control procedures necessary to produce a good-quality CBD oil.
Reputable CBD manufacturers use rigorous quality testing, including laboratory testing, to verify the contents of their products. This helps ensure that the CBD you’re buying is free from harmful additives and chemicals.
Costs associated with manufacturing are also a factor in the price of CBD oil. In addition to the equipment and raw materials required for the extraction, companies are also subject to legal procedures and additional costs to import and export hemp.
Many companies are also forced to invest in third-party testing of their products, which adds to their production costs. This is a good investment because it means that you can feel comfortable knowing exactly what’s in the CBD you’re taking.
Premium CBD oils are typically priced higher than the market value, due to their rigorous quality procedures. However, you can save money on these premium brands by taking advantage of their bulk pricing, reward programs, and coupon codes.