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Home/ Questions/Q 1604
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hempbuzz

hempbuzz

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hempbuzz
Asked: February 12, 20202020-02-12T14:17:48-05:00 2020-02-12T14:17:48-05:00In: Hemp Industry

Why is cbd oil so expensive?

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Why is cbd oil so expensive?
Why is cbd oil so expensive?
cbd oil
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    1. Timbo

      Timbo

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      Timbo
      2020-06-25T10:13:42-04:00Added an answer on June 25, 2020 at 10:13 am

      You need to ask yourself what benefits you are getting from CBD oil.

      Personally, a good quality CBD oil might be costly, but the benefits far outweigh the expense.

      The alternative is often being on toxic medications, and while it can hit the hip pocket, there are so many benefits using CBD oil, I think it is money well spent.

      Hopefully, one day it can be subsidized when the governments around the world realize the tremendous benefits.

      The more expensive the CBD oil, the better the quality. I have purchased ‘cheaper’ oils, and the quality is inferior, and it isn’t always as pure. In comparison, I can get the medical-grade CBD oil that is lab tested and certified. The choice is a personal one, but I think the cost is based on the outcome, and I love CBD. It is a game-changer.

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    2. Melody

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      Melody
      2020-06-24T19:16:26-04:00Added an answer on June 24, 2020 at 7:16 pm

      The suppliers pay lots of taxes, so that adds up. But is it more expensive than alternatives? One of my prescription migraine pills costs almost $50. Yeah, one pill. And they recommend 2 per day for three days. So, $300 for one migraine. I would rather avoid the headache altogether, and it certainly doesn’t take $300 in hemp oil for that. So, how expensive is it? (I hope the taxes come down soon!)

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    3. Katie Halder

      Katie Halder

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      Saikat Halder
      2020-06-22T11:55:18-04:00Added an answer on June 22, 2020 at 11:55 am

      Hemp is currently one of the most profitable cash crops in many parts of the world. The demand for hemp made products is increasing with every passing year. The demand is much higher than the supply is. That is why a lot of people who grow hemp make big profits by dealing with hemp manufacturing. The hemp and cannabis market is expanding and holds a solid future ahead. So, yes, it can be profitable to grow hemp, if you can do it the right way following all the guidelines.

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    4. Abe

      Abe

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      Abigail
      2020-06-22T10:27:16-04:00Added an answer on June 22, 2020 at 10:27 am

      Hi guys, as far as I know, apart from purchasing seed fees, cultivation, maintenance, herbicide, fungicide, harvest, and labor costs, you may are aware that there are considerable levels of taxation. Taking into account all these costs and expenses, it seems an extravagantly expensive job, and you know all the costs exist for reasonable causes since the CBD oil production is brimming with innumerable difficulties from the beginning to finish.

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    5. wavess

      wavess

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      wavess
      2020-05-03T10:55:11-04:00Added an answer on May 3, 2020 at 10:55 am

      The reason why you’ll find that some CBD oils are cheaper than others is because some oils are more refined than others. Some cheap oils contain CBD isolate, which is far less expensive (and less pure) than CBD extract itself.

      The more expensive CBD companies are, in part, relying on CBD being a “trending item” and marking up their products accordingly. Their products are also much higher-quality and the oils they sell are much purer, containing less or no additives. You may get more of the beneficial effects of CBD oil from a stronger, better quality product.

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